Conspiracy or cure? An Islamic perspective on interfaith dialogue
LAHORE, Pakistan: Interfaith dialogue is criticized by some religious leaders as a conspiracy designed to merge all religions into one. Certain individuals and communities fear the loss or weakening of…
Can the Euro be saved?
NEW YORK: The Greek financial crisis has put the very survival of the euro at stake. At the euro’s creation, many worried about its long-run viability. When everything went well,…
Middle East Peace by any neans available
RAMALLAH: Something is happening with the Middle East conflict, but it is hard to say what. A breakthrough appears to be at hand, though all the parties still seem to…
Iran bonds raise 140 mln euros for gas field, says IRNA
Normal 0 false false false MicrosoftInternetExplorer4 TEHRAN: Iran raised 140 million euros on the first day of a 250 million euro bond offering to help finance development of the giant…
Yemen frays under economic, political stress
Normal 0 false false false MicrosoftInternetExplorer4 BEIRUT: Yemen can no longer feed its people as its economy buckles under the strain of declining oil and water resources, corruption and violent…
Asia Fuel Oil-Kuwait sells 80,000T May; lower price
Normal 0 false false false MicrosoftInternetExplorer4 SINGAPORE: Kuwait Petroleum Corp (KPC) sold 80,000 tons of end-May loading cracked fuel oil into Singapore at lower price levels, at a time of…
Shareholders of Kuwait's Global approve capital hike
KUWAIT: Shareholders of Kuwait's Global Investment House approved a 76-percent capital hike worth around $346 million on Wednesday. This will raise the capital of Global, one of the Gulf Arab…
Qatar to up Ras Laffan naphtha export to 220,000T/mth
Normal 0 false false false MicrosoftInternetExplorer4 SINGAPORE: Qatar International Petroleum Marketing Co Ltd, or Tasweeq, will raise monthly exports of plant condensate, or light naphtha, from Ras Laffan by up…
Oil falls below $80 on Greece, rising stocks
LONDON: Oil fell $3 on Wednesday to below $80 a barrel for the first time since March, taking the week's losses to 7.5 percent as the Greek debt crisis shook…
Egypt's NSGB Q1 net profit rises 1 pct to $63 mln
CAIRO: National Societe Generale Bank (NSGB), Egypt's second biggest bank by market capital, said on Wednesday that first quarter net profit edged up 1 percent year on year, beating analyst…