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Lebanon

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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: June 6, 2015
LEBANON. Hassan Nasrallah made the threat in a televised address weeks after an Israeli army official warned that Israel would "have to" target civilian areas in Lebanon in a future confrontation.
Posted: May 30, 2015
UAE. The 3rd edition of the ArabNet Digital Summit drew to a close today with digital innovation being highlighted as a key driver of regional economic growth.
Posted: May 11, 2015
UAE. 66% say their salary is lower than other companies in their industry, according to the latest Bayt.com and YouGov Salary Survey; A staggering 87% of UAE respondents have seen the cost of living rise in 2014, with 34% saying that it grew by more than 20%.
Posted: April 27, 2015
LEBANON. The bank maintained a solid financial performance in the first quarter of 2015, posting an increase in its unaudited consolidated Net Profit by 6.7% compared to the same period of last year.
Posted: April 21, 2015
UAE. 39% of Arab youth agree it will never work, 36% think it could work while the remaining 25% are unsure, according to the 7th Annual ASDA'A Burson-Marsteller Arab Youth Survey.
Posted: April 19, 2015
UAE. 3rd Edition of ArabNet returns to the UAE from May 27-28; Research by McKinsey &Co goes as far as saying that those who become digital leaders can expect 50% profit boosts in their next five years.
Posted: April 17, 2015
LEBANON. "The persisting high level of political uncertainties in the country and wide spillovers from the Syrian crisis, represented the main factors that negatively affected the confidence of Lebanese consumers during the third quarter of 2014."
Posted: April 17, 2015
INTERNATIONAL. Despite progress in raising school enrolment over the past decade, one in four children and young adolescents are either out of school or at risk of dropping out.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 28, 2015
INTERNATIONAL. Suspected anchors on the gold price, such as an interest rate increase and devaluation of the yuan, could actually be a rallying cry for commodities, he says in this interview with The Gold Report.
date:Posted: August 28, 2015
INTERNATIONAL. The Turkish Football Federation in a demonstration of the inseparable ties between sports and politics, has effectively declared its support for renewed Turkish-Kurdish hostilities.
date:Posted: August 28, 2015
INTERNATIONAL. "Now, that multi-trillion-dollar money-pumping bubble, which overinflated equity markets, is quickly deflating. And so, too, are the economies and commodities pumped up with it."
INTERNATIONAL. Leaving them to their own devices is no longer a viable option as the continuation of the conflict is hazardous and potentially explosive. The resumption of bilateral peace negotiations with US mediation alone will not succeed any more than the Obama administration's two previous efforts.
INTERNATIONAL. Suspected anchors on the gold price, such as an interest rate increase and devaluation of the yuan, could actually be a rallying cry for commodities, he says in this interview with The Gold Report.
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