Economics A fall in electricity demand in Iran's sanctions-hit economy led to a 29-percent rise in its power exports over the last 11 months, the state news agency IRNA has said. More from Reuters Lebanese Prime Minister Najib Mikati’s proposal to allow real estate developers to add an additional floor in return for higher taxes could cause the prices of properties to soar beyond the means of average citizens, economists have warned. More from The Daily Star Qatar will create a new $12 billion investment firm, backed by blue-chip assets from its sovereign wealth fund, and list it on the local stock exchange, its main institutional backer has said. More from Gulf Business Companies The head of Lebanon’s banking association has warned of the challenges facing Lebanese banks due to new U.S. banking regulations on foreign lenders, criticizing the cost of the measure and its potential violation
