Economics and Policy
Israel shot down a drone on Thursday as it approached the country's northern coast, the military said, with Lebanese group Hezbollah blamed.
A United Nations mission to Bahrain to assess the country's progress in eliminating torture has been unilaterally "cancelled" by authorities in Manama, the organisation's special rapporteur for torture has said.
Companies and Business
A Turkish firm operating an electricity barge supplying power to Lebanon on Thursday blamed low-quality fuel oil for a sharp drop in production a day earlier, but a source at Electricite du Liban disputed the company’s claim.
Fast-growing United Arab Emirates carrier Etihad Airways said it would partner with Air Canada in a new codeshare agreement, days after the two countries put aside disagreements and eased visa rules.
Abu Dhabi Commercial Bank reported a five per cent rise in first-quarter net profit on Thursday, beating the average expectation of analysts.
Lebanon is not alarmed by the U.S. Treasury Department’s sanctions this week against two Lebanese exchange houses accused of money-laundering, caretaker Finance Minister Mohammad Safadi said on Thursday.
