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Thursday, April 15, 2021

MENA & GCC

lebanon beirut explosion china

Lebanon: Beware of China’s appetite

Vultures are craving to strip the flesh from Lebanon's bones. The August 4, 2020 explosion of 2,750 tons of ammonium nitrate in Lebanon port, stored without adopting due safety measures was an...
beirut 2020 explosion

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...
1000 Lebanese Pounds

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....
lebanon oil gas

Lebanon’s gas boom dead in the water?

Lebanon’s quest for gas and oil has so far yielded no meaningful results with the country’s first-ever offshore search for hydrocarbons throwing up commercially unviable results. “No matter where you turn, the...
nadim houry interview ARI bytheeast

Nadim Houry on Lebanon: “The public sphere is left to rot”

ByTheEast: Since 2011, the Arab countries followed different paths. What have they in common in 2020? Nadim Houry: The Arab world and the MENA region are plunged into...
food security virus covid corona

Food security: Lessons to be learnt from Covid-19

Let's put our food security on the table. The outbreak of the coronavirus which emerged from China’s Wuhan and has spread the world over has caused phenomenal economic damage across economies in...
lebanese pound banking system

Lebanon: The banking system needs reforms to stop the bleeding, not politics

Something has to change in the wonderful world of the Lebanese banking system. The manner in which Lebanon is addressing its financial crisis leaves a lot of room for improvement, with Lebanon’s...
covid-19 lebanon

Covid-19: Lebanon staring at historic opportunity

Could the COVID-19 outbreak be an opportunity for the Lebanese economy? The “Arab Spring” which was earlier seen as the most disruptive event which shook the Middle East to its core since...
offshore oil lebanon

Lebanon: The next ‘oil-cursed’ country?

Late last month, a drillship anchored off Lebanon's coast started exploring for oil and gas raising hopes for a more prosperous economy, which currently is hanging by a thread off a cliff’s...
UAE nuclear power plant Barakah

Energy: UAE gains its first nuclear power plant

In a first of its kind in the Middle East, the UAE is set to host a nuclear power plant in the region. The 5,600MW Barakah nuclear power plant (NPP), located around...