France lends helping hand in rebuilding Lebanon
In a development that underscores France’s commitment towards rebuilding Lebanon, Organized by Business France, a French national agency entered into a collaboration with Mouvement des Entreprises et Représentations Economiques Françaises au Liban (MEREF) so...
Natural gas becomes priority for Lebanese power sector
Lebanon will make natural gas as the primary source of energy in its power sector, informed Cesar Abi Khalil, the Energy Minister of Lebanon. There are plans of installing “three floating LNG import facilities”...
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...
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...
Saudi bankruptcy law lays foundation for Vision 2030
Saudi Arabia’s comprehensive bankruptcy law has gone into effect last month, with economists saying the move will significantly impact long term economic growth in the country. The Kingdom’s first comprehensive bankruptcy law is one...
Lebanese kabis contains carcinogenic substance
In November 2018, the Consumer Protection Directorate of Lebanon has issued a warning informing about the presence of a “carcinogenic substance” in the "kabis" (Lebanese pickles) prepared with turnip.
According to the Consumer Protection Directorate,...
Generator mafias profit from Lebanese power supply gap
In an attempt to bridge the power supply gap in Lebanon, people who owned private generators in Lebanon have been collecting “extortionate prices” from their customers for decades altogether, while using the “crumbling” country...
Iraq’s crude oil exports to jump in 2019
Crude oil exports from Iraq is set to jump om 2019, said the country’s Oil Minister Thamer Ghadhban. He went on to add, Iraq is focused on boosting the output from its southern oilfields...
Dumping untreated sewage into the sea, a serious health hazard
Although the beaches of the Lebanese coastal city of Jounieh are a popular destination for relaxation and water sports in the bay, the bacteria levels in the water acts as potential health hazard. Bacteria...
Sustainable tourism spreads plastic waste awareness in UAE
The plastic waste causing pollution, claimed the Divers Down UAE’s “Padi course director”, Nicola Liddell, is the biggest and the single issue that threatens the environment of the UAE. Liddell finds plastic waste in...