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Sunday, June 16, 2019

ECONOMIC DIPLOMACY

Saudi Arabia, Kingdom, nuclear power reactors, United States, U.S., energy secretary, Rick Perry, non proliferation standards,

Nuclear reactors: Saudi Arabia thinking out loud

Nuclear power stations could power much of Saudi Arabia’s electrical requirements, with U.S. Energy Secretary Rick Perry stating the United States is working closely with the kingdom to build nuclear power reactors in the...

EBRD to invest ‘$200 million by next year’ in Lebanon

Alain Pilloux is the vice president for banking at EBRD, or the European Bank for Reconstruction and Development, whereby Pilloux revealed that the bank has made a $75 million investment in Lebanon so far,...
tatiana weber world bank

Tatiana Weber on Egypt: “Education is the top priority”

ByTheEast: According to a report published by the World Economic Forum, Egypt’s economy ranks 11th in the Middle East. How can you explain this bad ranking? Weber: In the 2017-2018 Global Competitiveness Index published by...
education, children, Syria, Syrian, Lebanon, funding, UN, UNICEF,

Education and funding required for Syria’s children

Education has emerged as a focus point in Syria. With the fears of war largely receding from what was once the world’s biggest battle field, school children are donning their school uniforms as they...
assistance, financial, Palestinians, Jerusalem, peace, tool, negotiations, forced,

Financial assistance used as negotiation tool in Palestine

U.S. assistance of $25 million to 6 hospitals which were primarily serving Palestinians in Jerusalem has been cut, confirmed an official from the U.S. State Department. The move follows a review of U.S. aid to...

Lebanese banks playing pivotal role for economic stability

Lebanese banks are doing all that they can to pump in more dollars to the economy. In a move in that direction, customers willing to exchange hard currency into long term deposits for the...
diplomatic ties, Ethiopia, Eritrea, Ethiopian, Eritrean, ship, peace deal, Abiy Ahmed, President, Isaias Afwerki,

Diplomatic ties strengthens between Ethiopia and Eritrea

Diplomatic ties between Ethiopia and Eritrea have resulted in boosting of economic ties between the two former foes. For the first time in two decades, an Ethiopian ship docked in an Eritrean port on Wednesday....
Saudi Crown Prince Mohammed Bin Salman

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...
phosphate, exports, Greece, EU, economy, Syria,

Phosphate exports, a lifeline for the Syrian Regime

Phosphate imports by Greece from Syria could act as a lifeline to Syria. The country currently faces stringent international sanctions and is unable to fully benefit from its crude reserves. By importing the mineral,...

Lebanese banking sector records ‘$4.7 billion’ growth

The “Lebanon Weekly Monitor” of Bank Audi reported that the Lebanese banking sector witnessed a rise in the assets and deposits made by customers in the six half of 2018 in comparison to its...