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.
LEBANON. Tourism in Lebanon, the Arab world's commercial center and a playground for Gulf nationals before a 15-year civil war started in 1975, has been turbulent at the best of times.
INTERNATIONAL. "The state is already barely able to enforce its remit and it will be weakened further in the north and the eastern Bekaa Valley," according to IHS.
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. Syria has received the first shipment of Russian anti-aircraft S-300 rockets," Lebanese newspaper al-Akhbar quoted Assad as saying in an interview.
LEBANON. Two rockets fired at Hezbollah-controlled southern Beirut bring Syria's escalating civil war deeper into the heart of Lebanon and closer to unrestrained regional conflict.
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.
UAE. Only 3% state a high level of satisfaction with their current remuneration; 21% expect a raise of more than 15% in 2013, according to Bayt.com and YouGov Salary survey.
SYRIA. The assault on Qusair appeared to be part of a campaign by Assad's forces to consolidate their grip on Damascus and secure links with their strongholds on the coast.
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.
LEBANON. Hassan Nasrallah said Syria has several options to respond to Israeli strikes, including sending sophisticated weapons to Hezbollah and opening the Golan Heights to action.
INTERNATIONAL. "Israel is taking a calculated risk that Assad, Iran and Hezbollah are right now fighting a war against the Syrian rebels and probably don't want to open up a second front."
INTERNATIONAL. Israel conducted an airstrike in Syria overnight targeting a weapons shipment headed for the militant movement group Hezbollah based in neighboring Lebanon, US media reported.
LEBANON. Hezbollah fighters are aiding troops in Syria to combat the rebellion against President Bashar al-Assad, the head of the Lebanese Shiite movement confirmed.
INTERNATIONAL. Year-to-date, the gold futures have corrected 18.43% to US$1,367 while the CRB Commodities Index dropped 2.91% and the Dollar Index rose 1.06%.
UAE. Jones Lang LaSalle report assesses the region's response to the global debate surrounding the environmental, economic and social sustainability of the built environment.
INTERNATIONAL. Global emerging market equity allocations at lowest since 2008; A net 56% of global investors believe the world economy will strengthen over the coming year, up from a net 48% in May.
UAE. Jones Lang LaSalle report assesses the region's response to the global debate surrounding the environmental, economic and social sustainability of the built environment.
INTERNATIONAL. Year-to-date, the gold futures have corrected 18.43% to US$1,367 while the CRB Commodities Index dropped 2.91% and the Dollar Index rose 1.06%.
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.
UAE. Jones Lang LaSalle report assesses the region's response to the global debate surrounding the environmental, economic and social sustainability of the built environment.
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