26.4 C
Beirut
Wednesday, June 26, 2019

MENA & GCC

lebanon beirut barthelemy leyconie downtown centre-ville parlement horloge parliament

Debt restructuring is ‘absolutely not’ on the card

Introducing a restructured debt wasn’t an imminent future in Lebanon, thought Goldman Sachs. However, the country has turned its focus on investors’ recovery while financial crisis stands knocking at the country’s door.
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...
growth rebound, MENA, economy

Growth rebound of 2% reported in MENA

The oil price hike is mostly behind the modest growth rebound which has proven to be beneficial to the local exporters of oil while the pressure was felt by the oil importers....
Lebanese offshore reserves

Hydrocarbon exploration could start in early 2019

Hydrocarbon exploration is taking a lead towards developing Lebanon’s economy. The Ministry of Energy & Water along with the Lebanese Petroleum Administration (LPA) have announced that bidding for the second licensing round...
Syria’s constitution, Syria, Syrian, constitution, United Nations, UN, Turkey, Iran, Russia, commitee, writing, government, peace process,

Syria’s new constitution could dawn in 2019

Syria’s constitution got a shot in the arm when the United Nations along with Turkey, Iran and Russia voiced hope that the committee charged with writing it will begin work in early...
Qatar Investment Authority

Qatar Investment Authority accelerates investments in tech

The Qatar Investment Authority (QIA) has accelerated its investments in technology while keeping the door wide open for strategic partnerships in tech related investments, said Mansour Ibrahim al-Mahmoud, its CEO, on the...
adonis EDL barthelemy leyconie

Trade deficit fissure in Lebanon widens by 5%

Bad news, again and again. Lebanon is facing a trade deficit whereby the fissure seems to have widened by 5% which amounts to 13 billion U.S. dollars. This deficit is observed for...
Saad al-Harari, investment plans, revive, economy, Lebanon, Lebanese, peacetime, development,

Hariri’s investment plans key to economic growth

Investment plans disclosed by Lebanese Prime Minister-designate Saad al-Hariri’s aide underscores Lebanon’s plan to channel resources into its economy and peacetime development. Earlier this week, Nadim Munla, a senior...
beach cleaning barthelemy leyconie

Lebanese citizens volunteer for streets and beaches cleanup

Celebrating the World Cleanup Day, the people of Lebanon from all over the country gathered for beach and road cleanup. A local NGO, “Live Love”, was at the helm...
Qatar, Doha, economic blockade, Saudi, Saudi Arabia, UAE, Bahrain, Egypt, economy, opportunity,

Qatar: Economic blockade turned into opportunity

Stifling economic blockade imposed by Saudi Arabia and Egypt on Qatar will continue to remain in place until further notice with neither Saudi Arabia nor Egypt will to "make any concessions" towards...