Kuwait Finance House posts KD 171.29 mln in Q2 profits

Kuwait Finance House (KFH) on Monday announced net profits of KD 171.29 million (around USD 522.4 million) in the second quarter of 2023, compared to KD 68.5 million (around USD 208.9 million) in the same period 2022, up 149.8 percent.Per share divide…

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EU allocates 10 mln euro in humanitarian aid for Chad

The European Union Monday announced the allocation of 10 million euro (USD 11 million) in humanitarian aid to Chad, to help the country cope with the needs of the large number of people fleeing from the conflict in neighboring Sudan.The funding will b…

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Some 2,500 people evacuated as Greece wildfires rage on

Some 2,500 people were evacuated in the Greek island of Corfu on Monday as wildfires fueled by soaring temperatures continue to sweep large swathes of the country’s forests.Citing the mass evacuations as a “precautionary measure,” Greece’s fire depart…

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