Economics & Policy

Yet another extension for companies to submit bids in Lebanon’s first offshore oil and gas licensing round was announced in mid-August by Minister of Energy and Water Arthur Nazarian, indefinitely …

Toufic Abillamaa has been making money off of the state’s inability to provide certain services for nearly 40 years. His company, Abillamaa Petroleum, delivers fuel for generators — a necessity …

Afghan opium is contributing to Iran’s drug problem — an issue which Interior Minister Abdolreza Rahmani Fazli is being surprisingly candid about. In recent pronouncements, he said 1.3 million Iranians, …

If the launching of Lebanon’s first offshore licensing round back in early 2013 was the dawn of the industry in the country, then only now is civil society groggily awaking …

While some believe Lebanon houses the city where Jesus turned water into wine, most of the country’s residents today no doubt wish the government could miraculously do the opposite. Precipitation …

It could have happened years ago. In July 2011 — after a nearly seven-month delay — Lebanon ‘lit up’ a submarine fiber optic cable that brought the county much-needed internet capacity. …

When most people think of oil or gas discoveries, money is the first thing to spring to mind. Industry insiders, however, know that newfound resources often come hand-in-hand with ownership …

Halima Zaroubi, a frail 80-something-year-old woman, breaks into tears when describing what’s happened to her home. “Our houses are gone, our lands have dried up,” her voice cracks. “Everything’s gone.” …

An air of frustration hung over last month’s oil and gas conference at the École Supérieure des Affaires. “It is clear that there is no plan,” vented an industry leader …

The United States ranked again as the world’s most competitive country and Venezuela as its least competitive in the 2014 World Competitiveness Yearbook (WCY) by Swiss business school IMD. And within the …