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Compliance costs crimp region’s economies 

The high cost of compliance is straining the ability of Lebanese and Arab banks to finance the economies in the region in a proper way, the secretary-general of the Union of Arab Banks said.

Compliance costs crimp region’s economies 

The high cost of compliance is straining the ability of Lebanese and Arab banks to finance the economies in the region in a proper way, the secretary-general of the Union of Arab Banks said.

UAE cuts September gasoline prices

The United Arab Emirates cut gasoline and diesel prices by between 8 and 9 percent for September, the second month during which the Middle Eastern country, OPEC’s fifth-largest oil producer, removed price controls.

Sailor’s infection puts heat on Rio organizers

German sailor Erik Heil, who was third at the Rio de Janeiro Olympic test last week, is being treated for several infections which he says were caused by the polluted waters during the regatta there, piling more pressure on organizers to move the location of next year’s sailing event.

‘Il Dottore’ looks to fix Silverstone win jinx

Italy’s Valentino Rossi and his Yamaha teammate Jorge Lorenzo will renew rivalry in their enthralling duel for the MotoGP world title at Silverstone this weekend with the legendary Italian hoping to record his first victory on the track.

More drama at Sagesse as president resigns 

Sagesse’s status as a top-flight team is once again mired in uncertainty after the current funding group led by businessman Georges Chalhoub decided to quit the club, resulting in the resignation of President Nadim Hakim.

‘We Are Your Friends’ an entertaining musical rom

Part electronic dance music tutorial and part love letter to Los Angeles’ San Fernando Valley, “We Are Your Friends” is a surprisingly accessible and sweet story of a group of friends standing on the cusp of adulthood with big ambition and little direction.

Ten carmakers sued over keyless ignition deaths

Ten of the world’s biggest automakers were sued Wednesday by U.S. consumers who claim they concealed the risks of carbon monoxide poisoning in more than 5 million vehicles equipped with keyless ignitions, leading to 13 deaths.

Gorillas not guerrillas: tourism hope in Congo

Tourists perch perilously on a volcano’s edge as swirling smoke belches from the fiery cauldron of lava below, the latest unlikely visitors holidaying in war-torn Democratic Republic of Congo.

FDA approves first pill to boost female libido

The Food and Drug Administration has approved the first prescription drug designed to boost sexual desire in women, a milestone long sought by a pharmaceutical industry eager to replicate the blockbuster success of impotence drugs for men.