Electricity consumers are still seething over recent power outages – the latest manifestation of Lebanon’s ongoing electricity crisis at Electrite Du Liban (EDL), which is being held responsible for up …
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The Daily Star, Lebanon’s only English language paper, is planning a move to Dubai Media City as early as January 2005. According to the newspaper’s publisher, Jamil Mroueh, the move …
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Capital Intelligence Raises UNB’s Long-Term Rating to A Capital Intelligence (CI) rating agency has raised Abu Dhabi’s UNB’s (United National Bank) long-term foreign currency rating from A- to A. The …
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Vehicle dealers RYMCO (Rasamny Younes Motor Company) employ nearly 180 people and rank at the top of Lebanon’s automotive sector. Number one in units sold last year and number two …
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Capital Intelligence Raises Shamil Bank’s Rating to BBB- Capital Intelligence (CI) rating agency has raised SBB’s (Shamil Bank of Bahrain) long-term foreign currency rating and financial strength rating from BB+ …
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Since September 1, the Lebanese authorities have again been allowing South Koreans to obtain visas upon arrival in Lebanon. The practice had been discontinued in November 2003, when the Lebanese …
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Capital Intelligence raises ARABIC’s rating to A- Capital Intelligence rating agency has raised Saudi Al-Rajhi Banking & Investment Corporation’s (ARABIC) long-term credit rating from BBB+ to A-, thus placing it …
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The killing in Iraq of three Lebanese businesspeople, including a married couple, and the wounding of another, as well as further kidnappings of Lebanese since then, have dealt more serious …
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The organizers of the Beirut Marathon–in its second edition this year–say they have learned from last year’s mistakes. In their haste to stage an impressive debut event in 2003, they …
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Lebanese banks Fransabank and Banque Audi recently introduced a new debit card format marketed as “mini cards” due to their 43 percent smaller size over standard plastic. Issued in collaboration …