Wind farming to power bitcoin mining center in Morocco
Wind farming is set to contribute 900-megawatt to Morocco’s energy grid.
Soluna, a blockchain company plans on building a 900MW wind farm in order to power a computing center in Dakhla, said John Belizaire, Soluna...
Lebanon in the grip of largest hacking attacks
According to the reports coming from the Lebanese media, who said to have cited “security officials”, Lebanon recently faced hacking attacks which could be the largest one ever seen in the country’s history.
Moreover, it...
Lebanese Pound’s crisis, an opportunity in disguise?
The glamorous rate of the Lebanese Pound, artificially indexed to the US dollar for so many years, is history now. In recent months, the pressure on Lebanon’s economy is seeing a pile-up. Not only...
Natural gas and crude to dominate Turkey-Iran ties
Natural gas continues to play a significant role in Turkey-Iran relations despite threats from U.S. President Donald Trump that it will not allow any country to do business with America if it continues to...
Economic cooperation boosts Lebanon-Saudi ties
Economic cooperation between Lebanon and Saudi Arabia are set to take-off. More than twenty agreements are set to be signed by both companies following the formation of a new government, said Walid Al-Bukhari, charge...
ICJ rules – UAE-led blockade violates Qataris’ rights
The economic blockade imposed by the United Arab Emirates and its allies against Qatar amounts to racial discrimination. This was what the United Nations' top court pronounced in its provisional ruling in what is...
How “I-don’t-give-a-shitism” and corruption destroyed Beirut
Beirut was destroyed. Once again. On August 4, following a massive explosion that ravaged Beirut’s neighbourhood, including ones up to 10 km away, people in Lebanon got to know of the dangers of leaving...
Fouad Zmokhol on reforming Lebanon: “It’s time to act”
ByTheEast: A few weeks ago, Beirut hosted the Arab Economic and Social Development Summit which turned out to be a fiasco. Economic commentators pointed to the humiliation faced by Lebanon because of it. Do...
Cooperation with Iran will continue: China
Cooperation and relations with Iran will continue, said China’s state news agency Xinhua citing a statement from Chinese State Councilor Wang Yi.
The stance is diametrically opposite to the Trump Administration’s diplomatic approach with Iran,...
Jordan: King Abdullah faces grumbling protesters
The Kingdom of Jordan economy suffocates. Last Wednesday, the government proposed a new law aiming at increasing taxes on employees (+5%) and on companies (+20-40%), as a new series of IMF-backed measures. The government...