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Bahrain draws up Islamic banking rules

The commander of the British forces in the Middle East during the Gulf War said that Israel is using excessive force against Palestinian demonstrators.<br />

The parents of students at the Bahrain American School have demanded that the school be reopened. It was closed for a week, ostensibly for security reasons.<br /> According to sources, Principal Sandra Daniel informed the staff on October 23 that the school would be closed for a week starting from the following day.

Islamic banking will overcome hurdles

Personal loans constitute a whopping 34 per cent of the $116.04 billion disbursed by GCC commercial banks, according to a report by Doha-based Gulf Organisation for Industrial Consulting (GOIC).

An official delegation is expected to submit the draft National Action Charter to the Emir His Highness Sheikh Hamad bin Isa Al Khalifa. If approved, the charter, would turn Bahrain into a constitutional monarchy and Sheikh Hamad would become king.