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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: August 19, 2014
INTERNATIONAL. The leading human rights lawyer has detailed the injustices in the Egyptian trial of three Al Jazeera English journalists in an incisive opinion piece for the Huffington Post.
Posted: August 19, 2014
UAE. Executives and junior executives are especially in demand amongst MENA employers, according to Bayt.com and YouGov survey.
Posted: August 12, 2014
INTERNATIONAL. "Sovereign creditworthiness will likely remain the main driver behind bank ratings changes. But we note that many other risk metrics for the banks have remained fairly resilient, from profitability to funding and asset quality."
Posted: August 11, 2014
LEBANON. Byblos Bank has recorded the highest Tier 1 capital-to-assets ratio of all Lebanese banks for the fifth consecutive year, The Banker magazine, says in its latest "Top 1000 World Banks" issue.
Posted: August 8, 2014
LEBANON. Former premier Saad Hariri arrived back in Lebanon Friday after three years in self-imposed exile, and went straight into a meeting with current Prime Minister Tammam Salam.
Posted: August 6, 2014
UAE. It is said that education is the best investment you can make for yourself and for your children. The affluent population in the Middle East appear to agree. They are also amongst the most digitally plugged-in in the world.
Posted: August 6, 2014
LEBANON. Saudi Arabia is already financing a US$3 billion package of French military equipment and arms for Lebanon's army; The fighting in Arsal is the worst violence to hit the volatile border region since the 2011 outbreak of the armed uprising in Syria.
Posted: July 31, 2014
LEBANON. St. George Residences, the latest real estate project developed by Mokbel International Group, is striving to create a unique living experience.
Posted: July 30, 2014
LEBANON. New concept designed to help cities integrate existing initiatives and better plan for the shocks and stresses they face, in a holistic and effective way.
Posted: July 24, 2014
INTERNATIONAL. The state-of-the-art system employs GfK's universal metering system, TV Loggers, which gave outstanding performance in the field test and is being successfully used in Lebanon.
Posted: July 21, 2014
UAE. The human factor drives the innovative capacity; The GII 2014 surveys 143 economies around the world, using 81 indicators-to gauge both their innovation capabilities and measurable results.
Posted: July 15, 2014
UAE. 81% state finding a job is the biggest challenge, with banking and finance being the preferred industry to work in.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 21, 2014
INTERNATIONAL. The report found there are 15 million middle-class households in 11 of sub-Saharan Africa's top economies this year, up from 4.6 million in 2000 and 2.4 million in 1990, an increase of 230% over 14 years.
date:Posted: August 21, 2014
UAE. "The establishment of QIFs aimed at sophisticated, high-net worth investors is a welcome development which reflects the fact that a one size fits all approach to regulation is not appropriate."
date:Posted: August 20, 2014
UAE. Rising geopolitical tensions and slowing global growth; GCC markets remain steady in spite of increased global volatility; Commodity prices soft on China bank data.
INTERNATIONAL. U.S. special operations forces made a failed attempt to rescue journalist James Foley and other Americans held hostage by Islamic extremists in Syria earlier this summer, the White House said in a statement.
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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