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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: October 29, 2015
LEBANON. Net income stood at US$113.1 million, an increase of 0.3% from the same period of last year; The Bank reported one of the highest capital adequacy ratio in the Lebanese banking sector, which amounted to 17.6%.
Posted: October 27, 2015
INTERNATIONAL. Funds will help rapidly expand refugee support operations in Europe; Foundation has provided US$17.5 million over past two years to support Middle East refugees and internally displaced people.
Posted: October 26, 2015
LEBANON. Partnership will propel car dealer's business performance forward.
Posted: October 14, 2015
UAE. Reconfiguring the Arab region and its global space beyond political economy and security threats.
Posted: October 13, 2015
UAE. Dr Saleh S. Jallad: "The Arab region needs a common market in order to catch up in a race it is currently losing".
Posted: October 12, 2015
UAE. Entrepreneurs explain new business models that could herald a bright future.
Posted: October 12, 2015
UAE. Barham Salih: "Our region needs solutions from our own people that promote legitimacy, good governance and equal opportunity for everyone."
Posted: October 11, 2015
UAE. "The key to resolving conflicts in Iraq and Syria is the adoption of a comprehensive, inclusive approach that focuses on broad based politics. Russian involvement in Syria complicates such efforts.”
Posted: October 10, 2015
UAE. "This Summit serves as a platform for a new innovative, empowered generation to confront our detractors."
Posted: September 28, 2015
UAE. Documentary about Nobel Peace Prize Laureate Malala Yousafzai received standing ovations at both Telluride and Toronto International film festivals earlier this month.
Posted: September 23, 2015
UAE. Beirut Institute Summit attracts power house line up of political leaders, blue chip CEOs and global experts; Aims to reposition the Arab world's standing within the global landscape.
Posted: September 22, 2015
LEBANON. The campaign contributes to support and strengthen the fight against drug addiction and was launched in coordination with Mentor Arabia, a regional NGO.
Posted: September 17, 2015
LEBANON. A unique banking experience designed for youth between 18 and 24 years old; Account is free and provides young clients with innovative payment tools, special discounts and exclusive deals on classes and workshops.
Posted: September 17, 2015
UAE. Forbes Middle East unveiled lists; Lubna Al Olayan leads the 100 Most Powerful Businesswomen list; Egypt has the most number of entries in total at 22, followed by the UAE and Lebanon at 17; Nemat Shafik leads the Arab women globally.
Posted: September 12, 2015
LEBANON. Domestic and regional political instability could further dampen economic growth in Lebanon over 2015-2018, says S&P; Nevertheless, the banking system's deposit inflows continue to support the government's debt servicing capacity, complemented by the central bank's ample foreign exchange reserves.


date:Posted: February 11, 2016
INTERNATIONAL. "Although we anticipate some strain on Gulf banks' funding and liquidity this year, good asset quality and strong capitalization remain positive factors."
date:Posted: February 10, 2016
UAE. Low oil prices will constrain the amount of funding available to Gulf sovereigns and banks to support the region's substantial infrastructure bill in coming years; S&P projects a gap as large as $270 billion through 2019 between capital spending for projects and project contracts awarded.
date:Posted: February 10, 2016
UAE. Across the Middle East, educational institutions and providers face a myriad of challenges and opportunities; "Educational organizations are increasingly being asked to demonstrate their wider impact and contribution to goals around employability, social mobility and inclusion."
INTERNATIONAL. "It's going to come to a point where there is just going to be no real economical benefit to any kind of production staying at any kind of level in those countries. And once they come off, that's going to obviously support oil prices."
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