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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: April 16, 2015
UAE. The UAE is a typical example of how the growth of talents and skills is key to improving competitiveness; Algeria, Libya and Yemen rank in the bottom quartile globally, while most of the GCC countries rank among the top quartile globally.
Posted: April 10, 2015
JORDAN. According to data compiled by webteb.com, the intake of calories throughout the region has steadily risen in recent years, boosted by increased sugar, milk, and meat consumption.
Posted: April 7, 2015
UAE. Forbes Middle East reveals top 100 richest Arabs on earth; 49 Arab billionaires, sharing total wealth of $155.1 bn; Top 100 hail from 12 Arab countries with Saudi Arabia in the lead.
Posted: April 7, 2015
UAE. Middle Eastern travellers returning as Lebanon banks on regional demand for sector revival; ATM 2015 participation a showcase for country's multi-purpose destination positioning.
Posted: April 3, 2015
UAE. Among the top investors for 2014, were Iraqis (AED 2.50 million per transaction), Jordanians (AED 2.40 million) and Egyptians (AED 2.02 million), according to The H Holding Enterprise.
Posted: March 24, 2015
LEBANON. Improvement in PMI Lebanon employment figures in spite of lower global data; Lebanon is escaping the recession and capitalizing on its US dollar peg; Lower headline inflation rate can be witnessed during recent months.
Posted: March 20, 2015
LEBANON. According to the IIF, the economy grew by 1.7% in 2014 helped by Banque du Liban's stimulus package and the fiscal deficit narrowed to 7% of GDP; The IIF baseline scenario expects a modest pick-up in growth to 2.2% in 2015.
Posted: March 17, 2015
UAE. Regardless of age and industry, the urge to learn is considerable in the Middle East and North Africa, according to a recent survey conducted by Bayt.com.
Posted: March 16, 2015
LEBANON. Gemayel's Boston College address on March 25 comes two days before the UN Security Council meets to address the crisis of growing persecution of Christians in the Middle East.
Posted: March 7, 2015
INTERNATIONAL. The rating action reflects the deterioration of Al Ittihad's operating performance over recent years, which in turn has weakened its risk-adjusted capitalization.
Posted: March 5, 2015
UAE. First bank from the MENA region with a coveted DIFC license.
Posted: February 28, 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.
Posted: February 25, 2015
LEBANON. Lebanon has issued its largest-ever Eurobond, raising US$2.2 billion; The economy has been hit by the war in Syria; 2015 public debt would increase to US$68.7 billion.
Posted: February 24, 2015
INTERNATIONAL. Within the past two weeks, a temporary deal to keep Greece in the eurozone was reached in Brussels, a cease-fire roadmap was agreed to in Minsk and Iranian negotiators advanced a potential nuclear deal in Geneva.
Posted: February 19, 2015
UAE. Sherpa Kids International - a company that runs before and after school clubs and holidays activities for primary school-aged children - is launching its wide-ranging programme of activities in the Middle East.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: June 29, 2015
UAE. The best thing governments can do to help entrepreneurs in the Middle East is to encourage professional development through education and apprenticeships, rather than through hiring quotas.
date:Posted: June 29, 2015
UAE. Risk management must respond to "the new normal", an environment of continual regulatory change and ever more demanding expectations, according to the latest Deloitte Global risk management survey.
date:Posted: June 28, 2015
UAE. According to a new study from The Boston Consulting Group, a "monster" of complexity and inefficiency has devoured a significant portion of the value created by the region's E&P industry in the past decade.
UAE. Risk management must respond to "the new normal", an environment of continual regulatory change and ever more demanding expectations, according to the latest Deloitte Global risk management survey.
UAE. The Middle East has a unique set of challenges and opportunities with regard to creating large, mixed-use developments; In this interview, Louise Adams, Aurecon's former Country Manager UAE, describes the importance of investing in master planning and some of the current opportunities and trends within this region.
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