Economics and Policy Cyprus has agreed a deal with a US-Israeli partnership to build a liquefied natural gas plant on the island to exploit untapped energy riches, undermining the potential of an agreement with Lebanon. More from The Daily Star Foreign direct investment to Lebanon rose 18.75 percent in 2012 to $3.8 billion, according to a new UN report. More from The Daily Star Egyptian President Mohamed Mursi, in an address to the nation, has said that the polarised state of the country’s politics is threatening democracy and could plunge the nation into chaos. More from Reuters Saudi Arabia's religious authorities have approved a request by the government to reduce the number of pilgrims permitted at Islam's annual haj this year to allow expansion work at Makkah's Grand Mosque. More from Reuters Companies and Business The Lebanese-Canadian Bank has reached a $102 million settlement
