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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: December 2, 2014
LEBANON. The Lebanese army detained a wife and daughter of Islamic State leader Abu Bakr al-Baghdadi as they crossed from Syria nine days ago, security officials said.
Posted: November 26, 2014
LEBANON. Famed Lebanese singer and actress Sabah, whose seven-decade career made her one of the Arab world's best-known entertainers, died on Wednesday at the age of 87.
Posted: November 26, 2014
UAE. "In the final months of 2014, we expect further increases in occupancy rates, with the pleasant weather attracting more tourists, alongside the seasonal increase in events and conferences."
Posted: November 22, 2014
LEBANON. Lebanon's government has decided to cancel Independence Day celebrations for the first time since the 1975-1990 civil war because of the country's presidential vacuum.
Posted: October 28, 2014
UAE. PwC commissioned a survey of more than 500 retail banking customers in the GCC, to find out what customers really want.
Posted: October 28, 2014
LEBANON. Net income remained almost unchanged with a small drop of 0.7% during the first nine months of 2014, to reach US$112.8 million as compared to US$113.6 million in the same period of last year.
Posted: October 11, 2014
LEBANON. Deposit flows into Lebanon's banking system remain resilient and continue to facilitate the government's debt servicing capacity. Notwithstanding this, public finances are under pressure and the already-high government debt stock will continue to rise; The outlook is stable.
Posted: September 30, 2014
UAE. Bayt.com survey reveals that 78% consider meetings to be great for decision-making; Meetings in MENA workplaces often have agendas distributed in advance, according to 80% of respondents, and tend to start on scheduled time (according to 88%).
Posted: September 23, 2014
UAE. "On the whole, the outlook for the region is a good one;" 35% of respondents claim job opportunities will increase; Concerns about rising cost of living.
Posted: September 13, 2014
LEBANON. US ambassador to Lebanon David Hale said in a statement that the aircraft would be bought with Saudi funds recently pledged to the Lebanese army.
Posted: September 9, 2014
LEBANON. The kidnap and murder of Lebanese security forces by jihadists from Syria has sparked new tensions in Lebanon, including a backlash against Syrian refugees and a string of sectarian kidnappings.
Posted: September 9, 2014
EGYPT. US Secretary of State John Kerry will meet Arab foreign ministers in Saudi Arabia Wednesday as he bids for a broad coalition against the Islamic State.
Posted: August 28, 2014
LEBANON. The results of the Byblos Bank/AUB Consumer Confidence Index show a marginal improvement in January and February, picking up pace in March and April, and regressing in May and June 2014.
Posted: August 26, 2014
UAE. Paperless offices are popular, with 50% of respondents saying that they are encouraged to use email or online resources instead of printing out documents.
Posted: August 26, 2014
INTERNATIONAL. Is it time to stop thinking about stabilizing Syria and Iraq and start thinking of a new dynamic outside of the artificial states that no longer function? To do this, we need to go back to Lebanon, the first state that disintegrated and the first place where clans took control of their own destiny.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: February 27, 2015
UAE. In S&P's view, the sharp drop in oil prices since mid-2014 is likely to lead to weakening economic, external, and fiscal profiles for the region, particularly for the GCC.
date:Posted: February 26, 2015
UAE. Collinson Latitude report calls for travel brands to reinvent loyalty schemes as they unveil a new breed of traveller who demand more choice and flexibility.
date:Posted: February 26, 2015
UAE. New report's findings are based on Deloitte Global's review of data from a Facebook-commissioned global survey of 10,500 people who use social media.
BAHRAIN. During an interview with Euromoney Conferences, John Sfakianakis the GCC Regional Director at Ashmore Group, said the milestone decision to liberalise the Saudi Tadawul Index is extremely significant as investors will be able to gain exposure to a formidable oil economy by investing in its market.
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