Economics and Policy Caretaker Lebanese Energy and Water Minister Gebran Bassil has promised to supply Lebanon with 16 hours of electricity a day during the summer season despite the mounting consumption. More from The Daily Star After several sluggish years, mergers and acquisitions activity within the Middle East is showing signs of revival, giving hope to global banks which scaled back their regional operations because of a dearth of deal flow. More from Reuters Holidaymakers from the UAE are cancelling summer breaks to traditional destinations such as Turkey and Lebanon due to regional instability. More from The National Oman needs to contain state spending and raise non-oil revenue in the medium term to keep its fiscal balance sustainable, the International Monetary Fund has said. More from Reuters Companies and Business Emaar Properties and Kurdish company Faruk Group Holding will soon sign a contract valued at
