According to the annual report 2009, total GDP of member countries declined to 3.98 trillion dollars. The Annual Economic Report on the OIC Countries 2009 was released during the 25th session of the COMCEC summit (Committee for Economic and Commercial Cooperation) in İstanbul. According to the report, the total gross domestic product (GDP) of 57 OIC members is estimated to suffer roughly a ... more.

Muslims Seek Economic Unity ISTANBUL – Hard-hit by a global economic crunch, Muslim leaders  met on Monday, November 9, to discuss ways of bolstering inter-Muslim economic cooperation. "Since the adoption of a series of trade facilitating and trade financing measures, the increase in volume of trade among OIC countries has become significant,” Ekmeleddin Ihsanoglu, Secretary General of ... more.

CAIRO — Saudi Arabia will not bar anyone even those considered a high risk for swine flu from performing hajj this year, the Saudi English-speaking Arab News daily reported on Sunday, November 8. "Saudi Arabia does not ban anyone because the hajj is a religious event," Health Minister Abdullah Al-Rabeeah said. Minister Al-Rabeeah said only two cases of swine flu have been reported so far a... more.

Hajj News IOL Staff Around three million pilgrims from over 160 countries are expected to perform hajj this year. Every able-bodied adult Muslim -- who can financially afford the trip -- must perform hajj, one of the five pillars of Islam, once in their lifetime. Hajj is expected to climax on November 26, when the faithful descend the Mount `Arafat.... more.