Economics and Policy
Bank Audi has sounded the alarm over a substantial rise in Lebanon’s public debt and budget deficit at the beginning of the year, warning against policies that could further weaken the country's financial stability.
Elsewhere in Lebanon, the state energy company has promised that increased power rationing will end "very soon."
Syria’s pharmaceutical industry once catered to 90 percent of the population’s needs, but a shortage of foreign currency has brought production to a near halt, a pro-regime daily reported Monday.
Kuwait's bourse extended sharp year-to-date gains in heavy trading Monday, while profit-taking weighed on bourses in the UAE and other markets were mixed.
