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Business Life Magazine

Country: Lebanon

Covering business news in Lebanon and the Middle East.

Middle East and North Africa EditionHome Page | Subscribe | Advertise | Contact Us | About Us| BL Staff| LinksVersion 3.0 HomeFinanceEnergyInsuranceMarket Watch TechnologyTravelIndustryEducationHealthSpecial Reports SERVICESSubscribeAdvertiseContact Us EXTRASAudioVideoE-mailSEARCH www This Site THE TRUTH BEHIND ISLAMIC FINANCE SheikhSalehKamelhas devotedhislifetothe improvementofIslamic Economicsandtoshow therealfaceofIslamic Financeasrighteousand socially responsibleSheikh Saleh Abdullah Kamel is one of the prominent pioneers of Islamic economics and one of the founders of modern Islamic banking. At the start of his career, his hopes were to see Islamic financial institutions as strong entities and a tangible reality that would compete with conventional financial institutions and not mere thoughts in the minds of researchers and theories tackled in books. He rather wanted to see them as a reality having positive and effective contributions in the process of economic development in the Islamic world. Therefore, he dedicated his life to realize this hope and he made it his noble mission. full story ... FINANCEBeirut rsquo;s New LandmarkSoon after the launch of the Sannine Zenith Project, Lebanon is witnessing the start of another groundbreaking developmentThe disclosure of Lebanon rsquo;s Landmark project has once again raised many eyebrows in many parts of the world as investors demonstrate their faith in this small country despite the regional tension. The $200 million project came in the heels of another mega project, Sannine Zenith which is expected to turn an entire mountain into one of the biggest tourist attractions in the Middle East if not in the world. full story... ENERGYQatar Petroleum and Anadarko Petroleum Corporation Sign New Exploration and Production Sharing AgreementDoha, May 18, 2004 ndash; Qatar Petroleum, on behalf of the Government of the State of Qatar, and Anadarko Petroleum Corporation, signed today a new Exploration and Production Sharing Agreement for offshore Block ndash;4. full story... INSURANCE lsquo;Certificate of Appreciation rsquo; Handed Over to Saudi Insurance quot;Methaq quot; S.I. ldquo;Methaq rdquo; receives appreciation for its traffic awareness campaign quot;It is an occasion for us, in Saudi Arabia, to boost the level of security that we live and experience. quot; Those were the words of Hassan Al Amri CEO of Saudi Insurance company ldquo;Methaq rdquo; during the opening ceremony of this years comprehensive traffic enlightenment campaign, which carries a new theme and slogan quot;the smart person only needs a sign quot;. full story... MARKET WATCH Jordan Islamic Banks Profits rise by 61.4%Preliminary results for 2003 reveal that JIB has achieved progress in all its activitiesBalance sheet figures which reflect this progress show that profits have risen to JD 3.33 Million, recording an increase of 56.3% over last years rsquo; profits. Balance sheet total (including restricted accounts and investment po

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