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
LEBANON. The yield premium investors demand to hold Lebanon's US$34 billion of dollar debt over U.S. Treasuries climbed 33 basis points in the past four weeks to 464 on June 11, the highest since September.
UAE. Deloitte hosted its annual Middle East Tax Conference, in a two day event, which brought together over one hundred Deloitte clients and partners to debate topical developments relevant to the region.
LEBANON. SITA has been the sole provider of common-use (CUTE) services at the airport since 1998 and the new contract includes passenger processing with the SITA AirportConnect Open platform and PassengerBagDrop.
LEBANON. The latest advances in sustainable energy research were discussed at the Fourth Annual International Masri Institute Workshop on Energy and Natural Resources, held at the American University of Beirut.
INTERNATIONAL. In this exclusive interview, Chris Faulkner, CEO of Breitling Energy Companies discusses how Bakken has turned the US into an economic powerhouse and how the US can compete with Saudi Arabia.