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: January 30, 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.
Posted: December 9, 2014
LEBANON. Rose House is an architectural gem, an Ottoman villa perched rather bizarrely next to an equally elegant lighthouse overlooking the Mediterranean.
Posted: December 2, 2014
LEBANON. The Lebanese army detained a wife and daughter of Islamic State leader Abu Bakr al-Baghdadi as they crossed from Syria nine days ago, security officials said.
Posted: November 26, 2014
LEBANON. Famed Lebanese singer and actress Sabah, whose seven-decade career made her one of the Arab world's best-known entertainers, died on Wednesday at the age of 87.
Posted: November 26, 2014
UAE. "In the final months of 2014, we expect further increases in occupancy rates, with the pleasant weather attracting more tourists, alongside the seasonal increase in events and conferences."
Posted: November 22, 2014
LEBANON. Lebanon's government has decided to cancel Independence Day celebrations for the first time since the 1975-1990 civil war because of the country's presidential vacuum.
Posted: October 28, 2014
UAE. PwC commissioned a survey of more than 500 retail banking customers in the GCC, to find out what customers really want.
date:Posted: January 31, 2015
QATAR. In the end, monetary policy can be powerful in the short-term but is unlikely to change the long-term predicament of the Euro Area. The ECB may succeed in preventing prolonged deflation from taking hold, but this is a not a sufficient condition for sustainable growth.
date:Posted: January 30, 2015
INTERNATIONAL. Western politicians wishing to see a genuine resolution of Iran's nuclear crisis must continue with diplomatic efforts to isolate those among the Iranian rulers who wish for the collapse of the negotiations.