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Lebanon

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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 24, 2016
LEBANON. Changing the paradigm of the real estate sector Concept based on three pillars: Smart Environment, Smart Infrastructure, and Smart Living.
Posted: August 18, 2016
LEBANON. As part of the promotion, Mastercard cardholders can receive a travel ticket to Germany this summer when they redeem 25,000 Akram Program points/miles.
Posted: August 17, 2016
LEBANON. Consumers across Lebanon to benefit from merchants accepting contactless and mobile transactions at checkout.
Posted: August 17, 2016
UAE. Former British Ambassador to Lebanon to help develop digital diplomacy skills to prepare UAE diplomats for global challenges.
Posted: August 12, 2016
LEBANON. Bank announced a series of new features and improvements to its flagship Mobile Banking Application.
Posted: August 10, 2016
INTERNATIONAL. 54% of the working age population in MENA is unemployed with little prospect of any positive immediate change; A shift in focus towards giving young people employability skills is required.
Posted: August 4, 2016
LEBANON. 78% of the surveyed Lebanese considered that their personal financial situation is "worse off" than it was six months earlier, while 17.6% stated that their financial situation remained the same and only 4.4% said it was "better off".
Posted: July 28, 2016
LEBANON. Increase in net profit achieved despite adverse economic conditions, locally and regionally, and significant challenges that continue to impact the markets in which the Bank operates.
Posted: July 14, 2016
UAE. The Green MED Initiative (GMI) has as main objective the development of an integrated and environmentally sound waste management system by means of innovative technologies and sustainable waste treatment and recycling.
Posted: June 8, 2016
LEBANON: Byblos Bank Real Estate Demand Index posted the ninth steepest quarter-on-quarter decline on record and the ninth lowest level in 35 quarterly readings; the results show the sector continues to be affected by high levels of political uncertainty.
Posted: May 17, 2016
LEBANON. Celebrity makeup artist Hala Ajam sends a message to Arab women with latest work.
Posted: May 17, 2016
LEBANON. Byblos Bank/AUB Consumer Confidence Index improved by 5.7% in January, but declined by 1.3% in February and regressed by 10% in March 2016, which constituted the steepest monthly drop since September 2015.
Posted: May 10, 2016
LEBANON. The acquisition is aligned with the bank's long-term strategy of consolidating its robust customer deposit base.
Posted: May 3, 2016
LEBANON. Despite continuing domestic and regional economic instability, the bank reported net profit of US$33.8 million compared to US$32.8 million in the first quarter of 2015.
Posted: April 16, 2016
LEBANON. The ratings reflect Bankers' supportive, yet volatile risk-adjusted capitalisation, track record of solid technical performance and good business profile in the Lebanese market.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 24, 2016
UAE. 71% of respondents think Brexit will not impact Dubai's competitiveness as a global financial centre.
date:Posted: August 24, 2016
INTERNATIONAL. With disruptive technologies changing the way people move around, new EY report recommends governments look to citizen behaviour as the starting point for developing sustainable transport policy.
date:Posted: August 24, 2016
UAE. 92% of polled GCC SMEs already on social media; Facebook, Twitter and LinkedIn driving unprecedented customer engagement for Arab SMEs, according to new Orient Planet Research report.
INTERNATIONAL. With disruptive technologies changing the way people move around, new EY report recommends governments look to citizen behaviour as the starting point for developing sustainable transport policy.
INTERNATIONAL. As smart devices are becoming autonomous, chief information security officers are being required to adopt new mechanisms and approaches to trust.
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