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A national oil company for Lebanon?

A national oil company for Lebanon?

It’s been three years since the nascent oil and gas sector in Lebanon was brought to a complete halt. The relative success of the pre-qualification round in 2013 brought the sector to center stage and contributed to the hype surrounding it. But the pre-qualification round was not followed by a tendering process. Instead, this was

Way beyond cars and football

It means one thing and one thing only when flags of many colors are hoisted on Lebanese balconies: football is imminent. Famed for one of the most consistent and largest shows of fandom for big football nations, the first diehard Lebanese fans of the Nationalmannschaft – a word which the most-watched Arab sport reporters here

Beirut Madinati

Berytus Nutrix Legum, or Beirut as cradle of the law in its Latin expression, has lost all meaning in times such as these, when our national institutions have become decrepit due to the decay of the political culture of the ruling class. As a result, local authorities (municipalities and federations of municipalities) are one of

Syrian crisis: a new approach

For nearly five years the conflict has dragged on; yet the world is only more daunted by the magnitude of the humanitarian crisis. Here in Lebanon the challenges are numerous – from the strained economy and infrastructure to health care, education, politics and security. All aspects of life have been affected. But we cannot afford

One drop at a time

Growing populations, rising demand on resources and mounting environmental pressures are putting an increasing global strain on water resources. In the Middle East in particular, stressed river basins shared by countries are increasingly experiencing problems, and global climate change will only exacerbate this. December’s landmark Paris Agreement on climate change was not primarily about water-related

Surviving the slump

The real estate market is the subject of much speculation, usually the negative kind. There are very few optimists who still see it as a lucrative sector. Yet the reality is not so bleak. Demand exists but only for the right product at the fair market price. Prices have started to adjust but effective drops

Plan of (in)action

If a five-year plan to modernize Lebanon’s telecommunications infrastructure announced in July is being implemented, the Ministry of Telecommunications (MoT) isn’t talking about it. There’s no progress report on the website. The MoT hasn’t publicly announced tenders for the various projects needed for an upgrade. And the ministry’s reply to repeated interview requests on the

Cleaning up and going green

Between 2011 and 2015, the overall direct investments in renewable energy, energy efficiency and green buildings in Lebanon exceeded $450 million. According to Riad Salameh, governor of Banque du Liban (BDL), Lebanon’s central bank, more than 10,000 direct and indirect jobs were created in this sector during that same period. The records of the Lebanese

Renewed dynamism

After a year riddled with difficult market conditions, dry wells and regulatory hurdles, the offshore oil and gas sector in the Eastern Mediterranean finally has good reasons to look forward to 2016. In Egypt, the August 2015 discovery of the so-called “supergiant” Zohr offshore natural gas field could not have come at a better time

Irrational drug prescription in Lebanon

Irrational use of drugs is a major problem worldwide. The World Health Organization (WHO) estimates that over half of all drugs are prescribed, dispensed or sold inappropriately. Inappropriate drug prescriptions have a negative impact on quality and safety of treatment, promote drug resistance, diminish patient trust in the healthcare system and increase the economic burden

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