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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: May 6, 2014
LEBANON. Report issued by Byblos Bank, in cooperation with the American University of Beirut; "The high cost of living, an eroding purchasing power and the poor quality of basic day-to-day public services, continued to affect consumer confidence."
Posted: May 2, 2014
UAE. The recruitment day will take place in Beirut on 19 May; New cabin crew members undergo a seven-week training program conducted at Etihad's state-of-the-art Training Academy in Abu Dhabi.
Posted: April 30, 2014
LEBANON. The power struggle in the Middle East between groups backed by Saudi Arabia and Iran risks causing another political impasse in Lebanon.
Posted: April 23, 2014
LEBANON. Leading candidate Samir Geagea, supported by the March 14 political bloc, won 48 votes in a session attended by 124 parliamentarians, falling well short of the required two-thirds majority.
Posted: April 17, 2014
LEBANON. S&P revised the outlooks on Bank Audi, BankMed, and Blom Bank to stable from negative and affirmed their long-term ratings at 'B-'.
Posted: April 13, 2014
UAE. Eight MENA countries included in the Social Progress Index ranking 2014:UAE ranks 37th followed by Kuwait 40th, Saudi Arabia 65th, Jordan 75th, Lebanon 83rd, Egypt 84th, Iraq 118th and Yemen 125th; Social Progress Index enables better understanding of worldwide progress and growth.
Posted: April 11, 2014
LEBANON. Ratings agency affirmed 'B-/B' long- and short-term foreign and local currency sovereign ratings; The formation of a new government, which now brings together rival political groups, reduces the risk of a widespread escalation of domestic conflict.
Posted: April 4, 2014
LEBANON. The number of Syrian refugees who have fled to Lebanon officially topped 1 million, highlighting the growing humanitarian catastrophe caused by Syria's civil war.
Posted: March 14, 2014
LEBANON. The 73-year-old diplomat, who led the regime's negotiating team at failed peace talks, "was admitted to the intensive care unit" of the American University Hospital in Beirut.
Posted: February 26, 2014
LEBANON. Hezbollah on Wednesday threatened to retaliate after Israel's first reported air raid targeting a position of the Lebanese Shiite movement since the 2006 war.
Posted: February 24, 2014
UAE. 90% of jobseekers in the Middle East and North Africa, say companies should position themselves as great places to work, according to Bayt.com survey.
Posted: February 19, 2014
LEBANON. Security sources said the explosion appeared to have been caused by a car bomb and a motorcycle laden with explosives.
Posted: February 16, 2014
INTERNATIONAL. A short term focus on political and security concerns has stood in the way of the structural reforms needed for growth and stability.
Posted: February 16, 2014
LEBANON. New PM Tammam Salam aims to hold presidential polls on time, asks politicians to make concessions for nation's sake; Political, sectarian divisions fuelled by Syria spillover; Struggle over energy post delayed government for weeks.
Posted: February 12, 2014
INTERNATIONAL. President Assad's forces and fighters from Lebanese ally Hezbollah pounded Syria's strategic border town of Yabroud, activists said, in apparent preparation for a new offensive.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 31, 2014
UAE. Rotate into high-yield bonds which offer better value; Large IPOs could drain money out of stock markets and raise volatility ahead, says Emirates NBD investment chief.
date:Posted: July 31, 2014
INTERNATIONAL. One aspect of this war is that both sides apparently found it necessary, despite knowing it would have no definitive military outcome. The question therefore is not what the point of all this is but where all this ends.
date:Posted: July 31, 2014
UAE. Indonesia should lead the way in ASEAN markets over the next year; The best performing markets in the second quarter were Thailand and the Philippines; Health care strongest sector in ASEAN in Q2.
INTERNATIONAL. Israel mobilised 16,000 additional reservists Thursday to bolster forces fighting in Gaza as Washington gave its ally the go-ahead to raid stocks of emergency US weapons stored on Israeli soil.
INTERNATIONAL. The future will be decided in a race between global advances in demand for resources, complex technology and biotech innovation, and growing sovereign debt.
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