Doha’s charm offensive boosts U.S. Qatar relations
In start contrast to U.S. Qatar relations a year ago, there was much bonhomie on display as members of the U.S. Congress and officials from the U.S. Administration met last week for dinner in...
Syrian markets, an opportunity for Lebanese construction material sector
Lebanese construction material sector is facing 40% reduction in demand for their product. The said sector is going through a struggle, said the exhibitors of “Project Lebanon 2018”, which ended on Friday.
Rousse Trading is...
AIIB approves Lebanon’s membership application
In the most recent development, Lebanon finds place in the “Asian Infrastructure Investment Bank”, as a new “prospective” AIIB member.
The membership application given by the Republic of Lebanon has been accepted by the “Asian...
IMF advises Lebanon on debt sustainability
IMF Executive board informed that in order to improve the public debts’ sustainability scenario, Lebanon will immediately require a “fiscal adjustment” which is “substantial” in nature. By 2017’s end, the public debt figures were...
Iran waiting for its piece of the Syrian pie
Seven years later, Syrian territory is in pieces. The economy too, and do-gooders are waiting for the end of the war. This tune is familiar. Back in 1990, Lebanon also was shattered. A large...
OPEC’s oil production meeting in Vienna likely to be tough
Ministers from OPEC countries have arrived in Vienna in order to decide whether to reverse their landmark pact to curb oil production so as to bring down the excess in the global oil pool.
The...
Egypt, Israel to reshape Middle East gas map
Will hydrocarbons be the cement of Middle East as fertilizers could be the cement for the African continent? Will hydrocarbons transcend all political and ideological issues between Arabs and Israelis? Since the Camp David...
Saudi Arabia vs. Yemen: Ramadan ends with missiles
Holy month of Ramadan comes to an end with some deadly wishes between Yemen and Saudi Arabia. Saudi air defenses confirmed that a ballistic missile fired from pro-Iranian rebel-held territory in Yemen was intercepted...
UAE economy to add ‘$182 billion’ by 2035
AI to create “strong economic impact” in the region of the UAE, reveal a new study. Accenture has reported that AI has the potential to boost the UAE’s economy by “1.6 percentage points”, whereby...
Egypt’s courting Australia to upgrade mining industry
Aussies most welcomed. Long-term projects are often initiated behind the scenes, and Egypt would like to go fast on upgrading mining industry. Two days ago, Egyptian petroleum minister Tarek El-Molla and Australian ambassador Neil...