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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: August 30, 2015
INTERNATIONAL. Lebanon's protest slogan, 'You Stink,' refers to much more than the piling up of garbage on the streets of Beirut and the lack of an efficient waste management system.
Posted: August 19, 2015
LEBANON. "The positive impact on households' budgets of the 30% drop in local gasoline retail prices and of the sharp reduction in telecom tariffs, as well as the acceleration of the Ministry of Public Health's food safety campaign, helped improve the outlook of consumers."
Posted: August 18, 2015
INTERNATIONAL. The lifting of trade restrictions placed on Iran may present a significant opportunity for the MENA (re)insurance market.
Posted: August 12, 2015
UAE. Saudi Arabia and the UAE both witnessed the largest number of deals in 1H 2015, while Algeria led in terms of value.
Posted: July 29, 2015
IRAN. According to a report published by the Iranian media, citizens of Turkey, Lebanon, Azerbaijan, Georgia, Bolivia, Egypt and Syria can travel to Iran without visa.
Posted: July 29, 2015
UAE. Investment values in Egypt increased in 2014; UAE, Lebanon, Jordan and Morocco continue to be active in venture capital investments, according to the latest "MENA Private Equity & Venture Capital" report.
Posted: July 28, 2015
Lebanon. Bank posts an increase in its consolidated Net Profit by 1.1% compared to the same period of last year to reach US$70.1 million.
Posted: July 21, 2015
LEBANON. Ali Hejeij appointed new Chairman of the Board of Directors; The bank also announced the expansion of the executive management team to include Mr. Nabih Haddad as MEAB's new General Manager.
Posted: July 2, 2015
LEBANON. World's largest education company providing new vocational programmes and educator training.
Posted: June 23, 2015
LEBANON. Allows Lebanese companies to base themselves at home but visit London to tap into UK expertise and mentoring, develop partnerships, and break into new markets.
Posted: June 18, 2015
UAE. Dubai and Abu Dhabi listed at 23rd and 33rd places respectively; Economic and political unrest challenge multinationals' planning for international assignments to compete globally.
Posted: June 18, 2015
LEBANON. Talks touched on a range of innovative concepts, systems and strategies.
Posted: June 18, 2015
LEBANON. The consensus growth forecast for 2015 fell to 1.5%, from 2% at the start of the year; Growth will be primarily driven by public spending, banking, ICT, and restaurants; No rise in real estate transactions or prices; 50/50 chance of a President being elected in 2015.
Posted: June 15, 2015
UAE. Governments, employers and academic institutions in the MENA region all have a role to play to address labour market inefficiencies, develop national talent, and ultimately drive long-term sustainability into the 21st century and beyond.
Posted: June 10, 2015
UAE. Cairo led the region in hospitality performance in Q1 2015, with RevPAR increasing by over 100%; Increasing political stability continues to be main driver for region's hospitality sector.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 1, 2015
UAE. Online payments used mostly for remittances, utility bills and electronic goods; Asian expatriates and Emiratis top the list of online shoppers.
date:Posted: September 1, 2015
UAE. Transaction levels falling across Abu Dhabi, Dubai, Sharjah; Oil price decline impacting job creation affecting real estate; Affordability and supply levels impacting villa market; Rental market weak but strong tourism sector and Expo 2020 boost medium term outlook.
date:Posted: September 1, 2015
UAE. PA Consulting Group study shows organisations in UAE, Saudi, Qatar must develop staff to think creatively to boost productivity.
UAE. Transaction levels falling across Abu Dhabi, Dubai, Sharjah; Oil price decline impacting job creation affecting real estate; Affordability and supply levels impacting villa market; Rental market weak but strong tourism sector and Expo 2020 boost medium term outlook.
INTERNATIONAL. Suspected anchors on the gold price, such as an interest rate increase and devaluation of the yuan, could actually be a rallying cry for commodities, he says in this interview with The Gold Report.
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