lebanon

Economy Saudi Arabia's Aramco, the world's largest energy company, has discovered a new gas field in the Red Sea, 26km north-west of the port of Daba, the Saudi Press Agency …

It is dubious whether any good will come of the strikes today by various public sector unions, called in response to the Lebanese cabinet’s intransigence and delay tactics in passing …

Economics The Lebanese Public Sector Employees Association has confirmed it will participate in a strike and demonstrations scheduled for Wednesday. “The Cabinet should drop its policy of procrastination and forward …

There seems to be little end to the litany of woes Lebanon’s economy has been suffering this year, brought on by regional unrest and internal instabilities mushrooming across the country. …

After the hotels and restaurants, it is the retail industry that is feeling the effects of the current economic strain,” says Nicholas Chammas, head of the Lebanese Traders Association. The …

With so many foreigners and expats altering their vacation plans to avoid Lebanon this summer, it is no wonder the hospitality sector, which relies heavily on tourism, is struggling.   According …

Ongoing political instability in the Arab world’s most populated country has not scared off at least one private equity (PE) fund from making major investments. Beirut-based Euromena recently deployed $20 …

After seeing some delays in expansion beyond the Gulf Cooperation Council countries, Dubai-based luxury developer Damac Properties is moving closer to completion of regional projects. These include a residential tower …

For a country facing economic turmoil and new business risk at every turn in the road this year, Lebanon sports an alarmingly content real estate sector. Intermediaries whose livelihoods depend …

Unemployment in Lebanon is in excess of 10 percent, with youth unemployment close to 25 percent. This is despite the low labor force participation rate of educated Lebanese women (only …