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.…
Contractors killed in Iraq worked for Triple Canopy, says company
BAGHDAD: The three security contractors killed and 16 wounded in a rocket attack in Baghdad were all employees of Triple Canopy, which guards US personnel in Iraq, the Virginia-based company…
World’s Druze wrap up first congress in Lebanon
yBEIRUT: More than 800 Druze from 37 countries including Israel on Thursday wrapped up an unprecedented three-day congress in Lebanon aimed at uniting the secretive, small community, organizers said. "This…
Summit rejects ‘all accusations’ against Beshir
NDJAMENA: Leaders from the Community of Sahel-Saharan States (CEN-SAD) resumed summit talks on Friday morning behind closed doors in Chad's capital Ndjamena. The 13 heads of state who attended the…
April 6 movement launches new pro-reform campaign
CAIRO: The April 6 Youth Movement has launched a new anti-regime campaign called “Egypt is Our Homeland, Not Theirs,” founding member Asmaa Mahfouz told Daily News Egypt Friday. The campaign…
Blogger released after two years in admin detention
CAIRO: Blogger Hany Nazeer who had been held in administrative detention without charge for almost two years, was released on Thursday, the Arab Network for Human Rights Information (ANHRI) said.…
