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Lebanon

FEATURED REPORT...
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: March 5, 2015
UAE. First bank from the MENA region with a coveted DIFC license.
Posted: February 28, 2015
UAE. In S&P's view, the sharp drop in oil prices since mid-2014 is likely to lead to weakening economic, external, and fiscal profiles for the region, particularly for the GCC.
Posted: February 25, 2015
LEBANON. Lebanon has issued its largest-ever Eurobond, raising US$2.2 billion; The economy has been hit by the war in Syria; 2015 public debt would increase to US$68.7 billion.
Posted: February 24, 2015
INTERNATIONAL. Within the past two weeks, a temporary deal to keep Greece in the eurozone was reached in Brussels, a cease-fire roadmap was agreed to in Minsk and Iranian negotiators advanced a potential nuclear deal in Geneva.
Posted: February 19, 2015
UAE. Sherpa Kids International - a company that runs before and after school clubs and holidays activities for primary school-aged children - is launching its wide-ranging programme of activities in the Middle East.
Posted: February 2, 2015
UAE. The winter months consistently attract an increased number of tourists and there is routinely a spike in events and conferences hosted regionally, often due to more favourable weather.
Posted: February 2, 2015
LEBANON. Net profit registered an increase of 12.5% (+US$19.5 million) to US$175.7 million.
Posted: January 21, 2015
UAE. Strong growth momentum in GCC countries continues, economic recovery in oil importers is on track; Oil exporters diversified their economies, but still heavily dependent on hydrocarbon sector in terms of budget and export revenues; Oil importers face higher risks of geopolitical tensions.
Posted: January 20, 2015
UAE. 61% feel they deserve to work in a higher level position, and 50% state that a key reason for seeking employment is to be financially independent.
Posted: January 19, 2015
LEBANON. An Israeli strike on Syria killed an Iranian general, Tehran confirmed, as thousands of supporters of Lebanon's Hezbollah gathered to bury one of six fighters killed in the same raid.
Posted: January 18, 2015
INTERNATIONAL. An Israeli helicopter strike in Syria killed five members of Hezbollah including the son of Imad Moughniyah, in an attack that has the potential to trigger reprisals.
Posted: January 5, 2015
EGYPT. Egypt disputed a claim by the human rights lawyer that she had been warned she risked arrest last year if she released a report in Cairo critical of the judiciary.
Posted: January 2, 2015
UAE. With the winter months attracting more tourists and the seasonal increase in events and conferences, we expect growth to continue into the beginning of 2015.
Posted: December 30, 2014
INTERNATIONAL. The question is how far the collapse of the post-World War I system will go. Will this process of disintegration spread to other heirs of Sykes and Picot? This question is more important than the emergence of the Islamic State.
Posted: December 16, 2014
UAE. 49% believe women and men are treated equally in the workplace, according to "Status of Working Women in the Middle East" survey by Bayt.com and YouGov.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: March 6, 2015
INTERNATIONAL. Classic cars (+16%) were again the top annual performer in the index, which tracks the price growth of 10 luxury investment sectors
date:Posted: March 6, 2015
INTERNATIONAL. Netanyahu is correct in suggesting that the traces of Iran's mischief are visible throughout the Middle East, including its financing of jihadist groups and other violent extremists, its meddling in Syria, Iraq, Lebanon, and Yemen.
date:Posted: March 6, 2015
INTERNATIONAL. Some 5,181 people saw their wealth rise beyond the US$30 million bracket, while 53 individuals became billionaires in 2014, taking the world's total billionaire population to 1,844.
INTERNATIONAL. Some 5,181 people saw their wealth rise beyond the US$30 million bracket, while 53 individuals became billionaires in 2014, taking the world's total billionaire population to 1,844.
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