MENA private equity investment levels expected to rise
New private equity investment activity is expected to significantly increase in the MENA region in the coming 12 months, according to the latest MENA Private Equity Confidence Survey released by Deloitte.
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Lebanese-American man jailed in UAE for ‘terror’ link
A Lebanese-American man accused in the United Arab Emirates of having links to an Iraqi militant group was sentenced on Monday to 18 months in prison followed by deportation.
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Critics question usefullness of dams in Lebanon
The image of Lebanon as a green country with abundant water resources is an illusion that today could not be further from the truth.
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Beirut ranks as 33rd most expensive retail rent in world, second highest in Middle East
A survey of the world?s most expensive retail rental locations has ranked Beirut as the 33rd most expensive city worldwide. The 2009 survey of 60 cities around the world by property consultants Cushman & Wakefield found Beirut to be the second most expensive of 12 cities in the Middle East and Africa region, and the most expensive of 10 Arab cities included in the rankings.
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ME Oil Exporters’ Foreign Reserves To Rise In 2010
Oil exporters in the Middle East and North Africa region are expected to increase their international reserve positions by over 100 billion dollars in 2010 as oil prices rebound, the IMF said.
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Jumblatt and Nasrallah urge Lebanon unity government
Hassan Nasrallah, head of Lebanon’s opposition movement Hezbollah, and Walid Jumblatt from the Western-backed majority on Saturday urged the formation of a unity government “as soon as possible.”
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Overwhelming investor response to launch of Venus Towers
Venus Real Estate Development Co. announced today the overwhelming investor response to the launch of Venus Towers in Beirut, including US$100 million in off-plan sales booked in just 48 hours.
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Divers discover new fresh-water spring off Tyre
A new fresh water spring has been discovered at the bottom of the Mediterranean Sea off the southern port city of Tyre, said head of the Lebanese Union of Professional Divers Mohammad al-Sarji on Friday.
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Lebanon politicians welcome Saudi-Syria rapprochement
Lebanese politicians from across the spectrum on Friday welcomed the rapprochement between Damascus and Riyadh but warned it was insufficient to guarantee the formation of a government in Lebanon.
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Lebanon press welcomes outcome of Saudi-Syria summit
Lebanese newspapers Friday welcomed the outcome of the Saudi-Syrian summit that encouraged the formation of a unity government in Beirut and stressed that it was now up to the Lebanese to settle their differences.
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Politicians stress Ain al-Remanneh clash nonpolitical
While investigations into Tuesday?s Ain al-Remmaneh clashes intensified on Thursday, the security situation remained fragile in the northern city of Tripoli after a grenade was thrown for the second time in as many days at the Al-Ashkar coffee shop in Jabal al-Tabbaneh.
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Politicians stress Ain al-Remanneh clash nonpolitical
While investigations into Tuesday?s Ain al-Remmaneh clashes intensified on Thursday, the security situation remained fragile in the northern city of Tripoli after a grenade was thrown for the second time in as many days at the Al-Ashkar coffee shop in Jabal al-Tabbaneh.
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Lebanon, Syria can be tourism magnets
The attractive Lebanese capital Beirut has always been to its Arab admirers the “Paris of the Middle East,” considering its swinging nightclubs and ever-innovating restaurants with the unbelievable cuisine enriched by continuously creative Lebanese chefs.
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Lebanon, Syria can be tourism magnets
The attractive Lebanese capital Beirut has always been to its Arab admirers the “Paris of the Middle East,” considering its swinging nightclubs and ever-innovating restaurants with the unbelievable cuisine enriched by continuously creative Lebanese chefs.
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Lebanon speaker to discuss deportations on UAE trip
Lebanon’s parliament speaker Nabih Berri is to visit the United Arab Emirates next week to discuss the deportation of hundreds of Lebanese Shiites in recent months, a spokesman said on Thursday.
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FFA Private Bank initiates coverage on Bank Audi
According to the report, Bank Audi has grown through a string of mergers and acquisitions with a significant organic expansion to become the largest bank (in terms of assets, deposits, loans and shareholders’ equity) in Lebanon where it operated a network of 78 branches throughout the country at end 2008.
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Healthcare unions in Lebanon call for solution to social security pay
Lebanon?s Order of Physicians, the Association of Lebanese Hospitals and the Order of Nurses in Lebanon called on Wednesday for radical solutions for social security payments.
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