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Wednesday, June 26, 2019

MENA & GCC

Kenya, Rainfalls, Rainwater Harvesting

Kenya needs to improve its rainwater harvesting systems

This year Kenya has witnessed “torrential rainfall”, writes the Theme Leader of Water Management at World Agroforestry Centre, Maibo Malesu. However, at the wake of pouring rain came devastating droughts which hit some “parts of...
beirut digital district berythec

Growing support for fintech industry in Lebanon

In a development that underscores a continued interest in the fintech industry among regional investors, Berytech, a Lebanese business development organization, made an equity investment of $5 million into financial software developer Capital Banking...
dairy Lebanon France

French, Lebanese companies in dairy products deal

Dairy products in Lebanon will see a new chapter in a collaboration between France and Lebanon’s dairy giants, whereby Lactalis has acquired majority stake of Hanilor, the latter being the “Lebanese distribution company”. Recently, the...
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...
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...

Environmental technology gains focus

Environmental technology has received shot in the arm following the signing of a $100 million financing deal between the European Bank for Reconstruction and Development (EBRD) with Lebanon's Bank Audi. The development marks the second such investment...
Majid Al Futtaim Group, Lebanon, Carrefour

Majid Al Futtaim Group’s ‘$2 billion’ investment in Lebanon

Amid the economic turmoils of Lebanon, foreign investors like Majid Al Futtaim Group, continue to eye Lebanon’s opportunities. As a result, the group is going to ramp up its Lebanese investments to “$2 billion...
economic crisis, Lebanon, economy, government formation, lira, GDP, imports,

Economic crisis looms over Lebanon: Economic experts

Economic crisis looming over Lebanon – such are the news reports coming out from the Western Press. Living in Beirut we already knew it. They are not a alone in this opinion – many...
Lebanese cultural heritage, museum, Beit Beirut,

Lebanese cultural heritage is revived through archaeological museums

Lebanon represented the Arab world’s cultural hub, through its various “annual arts festivals and vibrant gallery scene”. However, in recent times, due to the country’s economic instability, coupled with political upheaval and a lack...
lebanon beirut heavy rains corruption barthelemy leyconie

Are heavy rains the sole problem in Lebanon?

Heavy rains and flooded highways are definitely not the sole problems in our beloved Lebanon. In order to deal with its economic problems, the country needs first to address corruption and the...