Most Arab states to start Ramadan Friday
Source: BI-ME with AFP , Author: Posted by BI-ME staff
Posted: Fri July 20, 2012 9:42 am

UAE. Ramadan will begin on Friday in most Arab countries, religious authorities announced, but in Oman and Syria as well as for Iraq's Sunni Muslims and in non-Arab Iran it will start on Saturday.

Algeria, Egypt, Jordan, Kuwait, Qatar, Saudi Arabia, Tunisia, the United Arab Emirates and Yemen, as well as Lebanon's Sunni Muslims, were among those to announce a Friday start.

During Ramadan, Muslims fast from dawn to dusk and strive to be more pious and charitable.

The month begins with the sighting of the new moon, which varies from country to country.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: February 11, 2016
INTERNATIONAL. "Although we anticipate some strain on Gulf banks' funding and liquidity this year, good asset quality and strong capitalization remain positive factors."
date:Posted: February 10, 2016
UAE. Low oil prices will constrain the amount of funding available to Gulf sovereigns and banks to support the region's substantial infrastructure bill in coming years; S&P projects a gap as large as $270 billion through 2019 between capital spending for projects and project contracts awarded.
date:Posted: February 10, 2016
UAE. Across the Middle East, educational institutions and providers face a myriad of challenges and opportunities; "Educational organizations are increasingly being asked to demonstrate their wider impact and contribution to goals around employability, social mobility and inclusion."
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