Kuwait Islamic lender KFH’s Q2 net up 22 pct
KUWAIT: Kuwait Finance House (KFH), the country's biggest Islamic lender, reported on Wednesday a 22 percent rise in second-quarter net profit, beating expectations. The lender made a net profit of…
Lebanon’s Bank Audi posts 21 pct rise in H1 profit
BEIRUT: Net profits at Lebanon's Bank Audi rose 21.4 pct to $161.4 million in the first half of the year, the company said on Wednesday, boosted by positive economic conditions…
Yes You Can: Attitude, goals and actions
Real achievers never complain about the past. Complaining is a form of self-talk in the science of communication. When you experience a situation you dislike, you can hear a voice…
Beach umbrellas do not block all solar radiation, says study
Hiding out under a beach umbrella may offer you far less protection from the sun's harmful ultraviolet radiation than you expect, according to a new study by Spanish researchers. As…
World trade to grow 10 percent in 2010, says WTO
GENEVA: The World Trade Organization raised on Friday its forecast for growth of global commerce to 10 percent this year, with its director general saying that even this might yet…
Private capital set to transform sovereign wealth funds
LONDON: A curious trend is developing among powerful sovereign and state-backed investment funds: despite being super rich in mainly oil-generated wealth, they are tapping the private sector for more capital.…
Oil falls towards $77 on US crude stock build
LONDON: Oil slipped to around $77 per barrel on Wednesday after weekly government data showed a surprise increase in US crude oil stocks after widespread predictions of a drawdown. The…
Kirkuk police chief badly wounded by Iraq car bomb
KIRKUK: A car bomb in Iraq's ethnically divided northern oil hub of Kirkuk seriously wounded its police chief and killed his son on Friday, a police officer said. The blast,…
Yurman approaches jewelry as master craftsman
David Yurman lacks a certain polish, and that is his charm. As one of the world's few household-name jewelers, Yurman could have his feet up on the desk, wear the…
Israel to return seized Gaza aid boats to Turkey, says report
JERUSALEM: Israel has decided to return to Turkey three boats which it seized during a deadly commando operation against a Gaza-bound aid flotilla in May, public radio reported on Friday.…