Lebanon's Prime Minister intends to send the controversial salary scale package to Parliament for approval next week in a bid to prevent on open-ended strike by the Union Coordination Committee. …
Category:
The Buzz
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When I first met Ali Salem al-Beidh in June last year, I was struck by the enthusiasm and energy of the 73-year-old. In his office in Beirut, the former President …
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Economics Bahrain’s economic growth is expected to pick up sharply this year on the back of a stronger oil sector, large industrial investments and a robust regional economy, the government …
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The largest external investor in Russia in 2011 was not the world’s biggest economy, the United States. Nor was it one of the emerging economic behemoths China or India, or …
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Economics Lebanon’s Finance Minister Mohammad Safadi has denied media allegations that he has proposed raising the value added tax from 10 to 12 percent. More from The Daily Star …
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Economics Saudi Arabia may allow foreigners to invest directly in stocks in the next year, said John Burbank, founder of the $3.7 billion hedge fund Passport Capital LLC. More from …
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Economics Iran, which fell two places to become India’s fourth-largest crude supplier last year, may lose $2.5 billion of revenue as global sanctions prompt the South Asian nation to reduce …
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Economics The European Union will consider adding Lebanon's Hezbollah movement to its list of terrorist organisations after it was implicated in a bombing in Bulgaria last year, an EU foreign …
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Economics Lebanon needs to rethink its economic model after decades of setbacks that have affected its socio-economic stability, an International Labor Organization official said Tuesday. More from The Daily Star …
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Kuwait granted Lebanon an $85 million loan on Monday to finance the upgrading and rehabilitation of the Zouk and Jiyyeh power plants as part of efforts to overhaul the ailing electricity …