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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: 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.
Posted: February 12, 2014
INTERNATIONAL. Jacky Chamoun says pictures are three years old; Lebanese Olympic Committee will not send athlete back.
Posted: February 11, 2014
UAE. ATM roadshow arrives in Beirut as the country benefits from a spending surge by tourists visiting the popular Middle East destination.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 29, 2014
KUWAIT. US$35.1 billioln of new sukuks issued during 2Q14; GCC primary market account for 26.7% market share or US$17.7 billion of the total global new sukuk issuances in 1H14.
date:Posted: July 28, 2014
INTERNATIONAL. Janet Yellen is very different from any of her predecessors. She is likely the most dovish and politically leftist Fed Chair in the Central Bank's history; She sees the Fed's mission as a tool to promote progressive social policy.
date:Posted: July 28, 2014
QATAR. The potential in Indonesia is enormous and more rapid growth could generate opportunities for a number of foreign companies, says QNB Group report.
INTERNATIONAL. Another sign of deteriorating relations between the United States and Russia; The Cold War treaty, ratified in 1988, was designed to eliminate ground-launched cruise missiles with ranges of 500 to 5,500 km.
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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