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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: September 13, 2017
LEBANON. The competition incorporates three tracks: the Ideas track, the Startups track and the Social Entrepreneurship track, with cumulative cash prizes of US$160,000.
Posted: September 10, 2017
LEBANON. Promoting a culture of entrepreneurship to find innovative technology solutions for refugee challenges.
Posted: September 8, 2017
LEBANON. In recognition of the bank's recently launched innovative products and services, notably its mobile payment application ByblosPay, and the instant card issuance service.
Posted: September 7, 2017
BAHRAIN. In partnership with Bahrain EDB & Investcorp, forum to explore emerging technologies and promoting a culture of innovation in the Arab region.
Posted: August 17, 2017
LEBANON. Up to US$20 million will be on-lent to small and medium enterprises (SMEs) in Lebanon, in order to support their financing needs and contribute to creating more jobs and spurring growth and development.
Posted: August 10, 2017
UAE. Dubai recorded the highest H1 2017 RevPAR at US$209; Softer global and regional market economic conditions made the first six months of 2017 challenging for the hospitality industry, which is expected to continue the rest of the year.
Posted: August 9, 2017
LEBANON. Low interest rates on mortgages and relative political stability are factors that have supported the near-term plans of potential buyers; Increase in taxes or transactions fees would delay recovery in demand.
Posted: August 3, 2017
UAE. LinkedIn Lite will be available in countries such as Algeria, Egypt, Jordan, Lebanon, Morocco, Nigeria and Tunisia.
Posted: July 26, 2017
LEBANON. Net Profit decreased by 9% as a result of the bank's deconsolidation of investments in Syria and Sudan, along adopting a conservative strategy amid the uncertainties prevailing in the region.
Posted: July 20, 2017
LEBANON: "The overall decline in the level of household sentiment in the second quarter of 2017 was due to consumers' widespread disappointment by the misplaced priorities of the government."
Posted: July 19, 2017
LEBANON. MONEYSMART helpes Lebanese youth make better financial decisions and plan their future.
Posted: July 12, 2017
UAE. Aline Ashkarian takes the role as Patchi's General Manager and will lead the brand to continued international success.
Posted: July 3, 2017
LEBANON. Under the agreement, EUR 100 million will be lent to small- and medium-sized enterprises (SMEs), as well as to mid-cap companies in Lebanon, in what represents some 40% of the total amount of credit granted recently by EIB to Lebanese banks.
Posted: June 24, 2017
LEBANON. A fully-fledged range of services and products catered to answer the banking needs of Lebanese expatriates.
Posted: June 22, 2017
UAE. The new risk tool uses a bespoke seismotectonic source model to give a more accurate assessment of earthquake risk in the UAE and 10 other regional countries.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: December 15, 2017
INTERNATIONAL. AI will create 2.3 million jobs in 2020, while eliminating 1.8 million.
date:Posted: December 15, 2017
INTERNATIONAL. Nearly all (94%) device makers have invested in software development in the past five years; Nine in 10 (88%) believe the Internet of Things (IoT) is driving growth within the manufacturing industry; 84% have changed their business model to put software at its core in delivering services and generating revenue.
date:Posted: December 14, 2017
UAE. As the interconnection junction between network providers, cloud providers and the enterprise, Equinix has a unique perspective on IT trends and where things are headed.
UAE. Cisco's security research organization Talos says once this ransomware enters your system, it uses three ways to spread automatically around a network, one of which is the known Eternal Blue vulnerability.
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