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Lebanon

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Posted: 09-08-2011
INTERNATIONAL. Concerned about possible Israeli encroachment upon recently discovered offshore natural gas fields, Lebanon's Parliament has passed draft legislation demarcating its maritime borders with Israel. The 18-article law was drafted in the Parliament’s Public Works, Transport, Energy and Water Committee, headed by MP Mohammad Qabbani, The Daily Star reported. At issue are two massive offshore natural gas fields, Tamar and Leviathan, off Israel's northern city of Haifa, where initial prospecting estimates have concluded that the pair of sites between them could hold as much
Posted: September 30, 2014
UAE. Bayt.com survey reveals that 78% consider meetings to be great for decision-making; Meetings in MENA workplaces often have agendas distributed in advance, according to 80% of respondents, and tend to start on scheduled time (according to 88%).
Posted: September 23, 2014
UAE. "On the whole, the outlook for the region is a good one;" 35% of respondents claim job opportunities will increase; Concerns about rising cost of living.
Posted: September 13, 2014
LEBANON. US ambassador to Lebanon David Hale said in a statement that the aircraft would be bought with Saudi funds recently pledged to the Lebanese army.
Posted: September 9, 2014
LEBANON. The kidnap and murder of Lebanese security forces by jihadists from Syria has sparked new tensions in Lebanon, including a backlash against Syrian refugees and a string of sectarian kidnappings.
Posted: September 9, 2014
EGYPT. US Secretary of State John Kerry will meet Arab foreign ministers in Saudi Arabia Wednesday as he bids for a broad coalition against the Islamic State.
Posted: August 28, 2014
LEBANON. The results of the Byblos Bank/AUB Consumer Confidence Index show a marginal improvement in January and February, picking up pace in March and April, and regressing in May and June 2014.
Posted: August 26, 2014
UAE. Paperless offices are popular, with 50% of respondents saying that they are encouraged to use email or online resources instead of printing out documents.
Posted: August 26, 2014
INTERNATIONAL. Is it time to stop thinking about stabilizing Syria and Iraq and start thinking of a new dynamic outside of the artificial states that no longer function? To do this, we need to go back to Lebanon, the first state that disintegrated and the first place where clans took control of their own destiny.
Posted: August 19, 2014
INTERNATIONAL. The leading human rights lawyer has detailed the injustices in the Egyptian trial of three Al Jazeera English journalists in an incisive opinion piece for the Huffington Post.
Posted: August 19, 2014
UAE. Executives and junior executives are especially in demand amongst MENA employers, according to Bayt.com and YouGov survey.
Posted: August 12, 2014
INTERNATIONAL. "Sovereign creditworthiness will likely remain the main driver behind bank ratings changes. But we note that many other risk metrics for the banks have remained fairly resilient, from profitability to funding and asset quality."
Posted: August 11, 2014
LEBANON. Byblos Bank has recorded the highest Tier 1 capital-to-assets ratio of all Lebanese banks for the fifth consecutive year, The Banker magazine, says in its latest "Top 1000 World Banks" issue.
Posted: August 8, 2014
LEBANON. Former premier Saad Hariri arrived back in Lebanon Friday after three years in self-imposed exile, and went straight into a meeting with current Prime Minister Tammam Salam.
Posted: August 6, 2014
UAE. It is said that education is the best investment you can make for yourself and for your children. The affluent population in the Middle East appear to agree. They are also amongst the most digitally plugged-in in the world.
Posted: August 6, 2014
LEBANON. Saudi Arabia is already financing a US$3 billion package of French military equipment and arms for Lebanon's army; The fighting in Arsal is the worst violence to hit the volatile border region since the 2011 outbreak of the armed uprising in Syria.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 2, 2014
UAE. "If the GCC is to maintain long-term sustainable growth, it will be very important to invest in education, increase productivity, and attract more foreign direct investment into high value industries, and step up more diverse export industries that are not dependent on commodities."
date:Posted: October 1, 2014
UAE. The UAE took part last week in U.S.-led airstrikes against Islamic State; Gulf Arabs regard Islamist groups as an existential challenge to their thriving economies and monarchies.
date:Posted: October 1, 2014
INTERNATIONAL. The Constitutional Court will keep challenging EU attempts at federalization and the Bundesbank will keep criticizing every measure that would reduce German sovereignty.
UAE. "If the GCC is to maintain long-term sustainable growth, it will be very important to invest in education, increase productivity, and attract more foreign direct investment into high value industries, and step up more diverse export industries that are not dependent on commodities."
INTERNATIONAL. Bitcoin has followed a volatile path to growing acceptance since its creation in 2009; In this interview finance expert Arturo Bris analyses the risks associated with bitcoin.
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