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: December 30, 2016
LEBANON. The award, introduced for the first time by Visa, acknowledges the achievements of leading banks in the Levant that make use of cutting-edge technologies such as the Visa Token Service (VTS).
Posted: December 20, 2016
LEBANON. The successful closing of a third fund is a clear demonstration of the Fund Management Team's ability to create value for its shareholders.
Posted: December 16, 2016
LONDON. The ratings reflect Arab Re's strong risk-adjusted capitalisation, good track record of operating profitability and stable business profile.
Posted: December 16, 2016
INTERNATIONAL. Although Christians have lived in the Middle East - the birthplace of Christianity - for nearly two thousand years, as a result of years of persecution and discrimination, especially in the past 15 years, they now constitute no more than 3-4% of the region's population, down from 20% a century ago.
Posted: December 6, 2016
LEBANON. The prestigious title was awarded to the Chairman and CEO of Chedid Re during a special honoring ceremony at the 2016 MEA Risk & Insurance Excellence Awards.
Posted: November 18, 2016
LEBANON. This innovative application allows users to pay in Lebanon or abroad using their Android Smartphones without the need for cash money, or sticky cards, or modified SIM cards or any other devices.
Posted: November 16, 2016
LEBANON. New facility in Al-Qalamoun, Tripoli features laboratory equipped with state-of-the-art materials testing equipment for construction and geotechnical projects.
Posted: November 14, 2016
LEBANON. Improved political environment to help confidence and support demand; Reduction of registration fees would stimulate housing demand, according to Byblos Bank Real Estate Demand Index.
Posted: October 27, 2016
LEBANON. The bank posted net profit of US$113.7 million for the first nine months of 2016, up slightly from US$ 113.1 million in the same period of last year.
Posted: October 22, 2016
LEBANON. Byblos Bank/AUB Consumer Confidence Index averaged 36.4 in Q3, nearly unchanged from 36.1 in Q2; The prevailing status-quo on the political and economic fronts in the country has caused the level of consumer confidence to remain at low levels.
Posted: October 20, 2016
LEBANON. Sibos provides a unique space for leaders and decision makers in the financial and technological sectors to network and collaborate on a range of topics.
Posted: October 18, 2016
LEBANON. A unique platform to engage in discussions of the hottest topics in MENA private equity landscape, share experiences, and forge new business relationships with the biggest players in the industry.
Posted: September 27, 2016
LEBANON. Cirrus plans to use Red Hat JBoss and Red Hat Enterprise Linux to offer its customers in the banking and finance, and insurance industries Platform-as-a-Service solutions (PaaS), as well as to design and deploy customized applications for the sectors.
Posted: September 21, 2016
LEBANON. "The award reflects the Photo London ethos in its dedication to innovative photography, support of emerging artists and sense of discovery."
Posted: September 20, 2016
LEBANON. The EuroMena Fund Management Team has raised US$ c.350 million to date from prominent investors, and has closed more than 20 investments and divestments.
date:Posted: December 30, 2016
UAE. Booz Allen Hamilton forecasts energy trends in 2017; In the oil and gas industry, as well as in electric power, major internal and external forces are driving change, requiring industry leaders to revisit strategies.