State-owned refiners BPCL, HPCL and IOC alongside a company floated by directors of drugmaker Sun Pharmaceuticals were on Wednesday declared as winners of the much-hyped small oil and gas field discovery auction.
Feb 15 (Reuters) – Activist hedge fund Voce Capital
Management LLC nominated on Wednesday four candidates, including
its founder and managing partner, for election to Air Methods
Corp’s board, as part of efforts to turnaround the
medical helicopter company.
Man charged in killing of Chicago girl, 11; third child struck since Saturday
CHICAGO— A 19-year-old man is charged in the shooting death of an 11-year-old girl struck by a stray bullet as she sat in her family's van, police said Wednesday. Takiya Holmes, 11, was one of three children under the age of 12 killed or gravely …
Man Charged With Killing 11-Year-Old Takiya HolmesCBS Local
Man, 19, charged with fatally shooting 11-year-old Takiya HolmesChicago Tribune
Charges filed in 11-year-old girl's Chicago shooting deathFox News
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Feb 15 (Reuters) – U.S. agricultural trader Bunge Ltd
on Wednesday reported a better-than-expected quarterly profit
and forecast strong earnings growth in 2017 on expected massive
corn and soybean harvests in South America, sending shares
nearly 8 percent higher.
Cairo – Dr. ‘Ahmed Mamdouh’, the director of the Islamic legislation (Sharia) Research Department at the Egyptian Dar Al-Ifta (the house of Islamic advisory opinions), said that there is no objection on the agreement of people to specify certain days for celebrating social occasions as long as this agreement does not oppose the Islamic legislation (the Sharia). In one of his advisory opinions.
He added that there is no objection that people determine a day on which they can express their love and feelings towards others, pointing out that Prophet Muhammad, Peace and Prayers be upon him, said: if one of you loves his co-religionist, he should say to him, “I love you in Allah“.
He clarified that the concept of love is more general and more extensive that the relationship between a man and a woman in the sense that it is possible for a person to express his love to his children, his relatives and his friends on Valentine’s Day, also called Saint Valentine’s Day or the Feast of Saint Valentine, is an annual holiday celebrated on February 14.
There is another day of Love celebrated locally in Egypt on the 4th of November.
The annual “Mastercard Valentine’s Day Index,” an analysis of payment card transactions over a three-year period, has revealed that “romantic spending” has increased by 49 percent since 2014.
The study shows that shoppers in the Middle East and Africa spend most of their Valentine’s Day budget on hotels and motels, marking 43 percent, followed by jewelry purchases at 22 percent.
In 2016, the MasterCard Love Index showed some attention-grabbing insights into Valentine’s Day spending habits in Egypt: 93 percent of people in Egypt made purchases in-person whereas only 7 percent of purchases were made online.
Restaurants accounted for the largest share of transactions at 49 percent; however, despite the high volume of transactions, restaurants accounted for only 13 percent of total Valentine’s spending. Cards were found to be more popular than flowers around Valentine’s Day, with 4 percent of people buying cards as compared to 1 percent buying flowers
In this year’s report, the sale of traditional Valentine’s gifts such as flowers remains generally static. Spending patterns indicate a trend moving towards special nights out.
The director of advisory opinions in Dar Al-Ifta indicated that the celebration of Love Day is not an imitation of non-Muslims as some people reiterate as long as a person expresses his feelings in a religious framework. He noted that it is called a “feast day” and this means that it comes every year and so there is no religious objection to celebrate it.
New York (US) – U.N. chief António Guterres says there is no “plan B” for resolving the Israeli-Palestinian conflict, after the White House suggested a two-state solution was one of many options for making peace.
Speaking to reporters in Cairo, Guterres said the international community must do everything it can to bring about a two-state solution.
Egyptian Foreign Minister Sameh Shoukry, standing next to Guterres, did not comment on the issue.
The two-state solution has wide international backing and has been a cornerstone of American diplomacy in the Middle East for more than two decades.
A senior White House official said Tuesday that Trump hopes to bring the two sides together and facilitate a peace agreement, but that peace — and not necessarily a Palestinian state alongside Israel — was the priority. The official spoke on condition of anonymity in order to preview the meeting.
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