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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: January 18, 2015
INTERNATIONAL. An Israeli helicopter strike in Syria killed five members of Hezbollah including the son of Imad Moughniyah, in an attack that has the potential to trigger reprisals.
Posted: January 5, 2015
EGYPT. Egypt disputed a claim by the human rights lawyer that she had been warned she risked arrest last year if she released a report in Cairo critical of the judiciary.
Posted: January 2, 2015
UAE. With the winter months attracting more tourists and the seasonal increase in events and conferences, we expect growth to continue into the beginning of 2015.
Posted: December 30, 2014
INTERNATIONAL. The question is how far the collapse of the post-World War I system will go. Will this process of disintegration spread to other heirs of Sykes and Picot? This question is more important than the emergence of the Islamic State.
Posted: December 16, 2014
UAE. 49% believe women and men are treated equally in the workplace, according to "Status of Working Women in the Middle East" survey by Bayt.com and YouGov.
Posted: December 9, 2014
LEBANON. Rose House is an architectural gem, an Ottoman villa perched rather bizarrely next to an equally elegant lighthouse overlooking the Mediterranean.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: March 27, 2015
INTERNATIONAL. Yemen's close proximity to Saudi Arabia and its strategic location on one side of the fourth busiest shipping lane for crude oil, raise worries about potential disruptions.
date:Posted: March 27, 2015
UAE. Consumption of luxury goods up 11% in the GCC, according to Bain & Company; China luxury market shows a shift in consumer preferences and ties to the GCC; In the UAE, Chinese represent about 2.5% of overall tourists, but account for 7% of the mall footfall and even bigger part of the spend.
date:Posted: March 26, 2015
UAE. Deloitte Middle East conference addresses recent changes in regulation and tax; Developments such as the refurbished runway at Dubai, the mid-field terminal project at Abu Dhabi, the opening of Hamad international in Doha, showcase the commitment to the aviation sector.
UAE. Consumption of luxury goods up 11% in the GCC, according to Bain & Company; China luxury market shows a shift in consumer preferences and ties to the GCC; In the UAE, Chinese represent about 2.5% of overall tourists, but account for 7% of the mall footfall and even bigger part of the spend.
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