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New entry in the blogosphere

Filed under: Middle East

For those interested in the Mid East economy a new blog under MEMRI banner has just started. You can find it here
Nimrod Raphaeli explains why the interest in such a project. "There are gaps - some would say large gaps - in the Western media of coverage of economic news and development in the Middle East. For example, while the Islamic banking sector rapidly grows, elevating terminology like sukuk [Islamic bonds] and murabaha [profit sharing in lieu of interest which is prohibited by Islam] to world recognition, much of this phenomenon is overshadowed by the more dramatic political events in the region. Middle Eastern economic news is often relegated to secondary, if not marginal, coverage, and the MEMRI Economic Blog will strive to compensate for it."

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