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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: July 9, 2014
LEBANON. Event held in partnership with the Economic and Capital Markets Research Center (ECMRC) of the University of Balamand.
Posted: July 4, 2014
INTERNATIONAL. The surprise declaration of a "caliphate" by jihadists accused of committing atrocities in Syria and Iraq has provoked an outcry even among Islamists who dream of a state under Sharia law.
Posted: July 1, 2014
UAE. 55% claim that important decisions and vital meetings are not postponed till the Holy Month is over, according to the latest Bayt.com "Ramadan in the MENA Workplace" poll.
Posted: July 1, 2014
LEBANON. The hydrocarbon sector potential holds a promising medium-term outlook. However, the political standoff is likely to delay commercial exploitation beyond stated government targets.
Posted: June 27, 2014
INTERNATIONAL. The money would be part of Obama's US$1.5 billion plan for a Regional Stabilization Initiative that also would aid Jordan, Lebanon, Turkey and Iraq.
Posted: June 20, 2014
LEBANON. The event tackled key issues affecting the concrete and construction industry, and offered high-quality discussions on trends and developments to address the challenges affecting the local industry and key regional markets.
Posted: June 16, 2014
LEBANON. Under the agreement, a total of 45 million euros in credit will be made available to small- and medium-sized enterprises (SMEs) in Lebanon.
Posted: June 6, 2014
UAE. Decision makers and influencers from companies and organizations representing top regional publishers met in Dubai Media City to share insights about pressing industry digital challenges.
Posted: June 2, 2014
LEBANON. The recent presidential vacuum reflects continued political paralysis. The risk is that it could presage of a wider institutional crisis, further weighing on economic activity and confidence.
Posted: May 30, 2014
INTERNATIONAL. Visit to focus on the challenges and opportunities facing the Middle East and North Africa (MENA) region and underscore the 'commitment and support.
Posted: May 6, 2014
LEBANON. Report issued by Byblos Bank, in cooperation with the American University of Beirut; "The high cost of living, an eroding purchasing power and the poor quality of basic day-to-day public services, continued to affect consumer confidence."
Posted: May 2, 2014
UAE. The recruitment day will take place in Beirut on 19 May; New cabin crew members undergo a seven-week training program conducted at Etihad's state-of-the-art Training Academy in Abu Dhabi.
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-'.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 1, 2014
INTERNATIONAL. Oil markets since 2011 have become less price sensitive to actual supply disruptions, especially to those geopolitical events that have taken place since the Arab Spring.
date:Posted: September 1, 2014
JORDAN. The market recorded an increase in profit after tax to JOD 13.7 million in 2013, stemming from improved returns on underwriting and investment activities. Partially assisting this recovery has been the bullish performance of the Amman stock exchange.
date:Posted: September 1, 2014
SAUDI ARABIA. Consumer spending also remained robust; Non-oil exports rebound owing to greater production of petrochemicals and plastics.
JORDAN. The market recorded an increase in profit after tax to JOD 13.7 million in 2013, stemming from improved returns on underwriting and investment activities. Partially assisting this recovery has been the bullish performance of the Amman stock exchange.
INTERNATIONAL. I think one of the big fallacies in people's thinking about the Iraqi oil sector has been the focus on who's making money producing the oil. The bigger impact is on consumers.
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