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Middle East
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International
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Analysis
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Egypt’s stocks tumble after deadly football riots
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| Zahra Hankir | February 03, 2012 02:12 AM |
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Egypt’s shares retreated the most in six weeks after dozens were killed in clashes during a football match, the worst outbreak of violence since President Hosni Mubarak was overthrown a year ago.
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IMF in Tunisia to aid economy
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| Bouazza Ben Bouazza | February 03, 2012 03:06 PM |
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The International Monetary Fund's managing director is visiting Tunisia to see how the institution can help the country that sparked the Arab Spring.
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Facebook’s popularity brings lawsuits
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| February 04, 2012 01:51 AM |
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As Facebook readies for Wall Street’s richest high-tech debut, it is wrangling with litigation and bracing for potential new suits.
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North Korea diplomacy picks up in Beijing
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| Jeremy Laurence | January 10, 2012 09:24 AM |
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North Korea is holding secret talks with Japan in China in what is believed to be their first contact since the death of Kim Jong-il.
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Workers' allowances should be raised: Labor union
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| February 02, 2012 12:41 PM |
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Castro Abdullah, president of the National Labor Confederation, urged the government Thursday to boost workers’ allowances and reiterated the union’s criticism of the recently approved hike to the minimum wage.
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New book covers history of Lebanese advertising
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| February 02, 2012 02:06 AM |
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The history of Lebanon’s advertising and communication industry was the focus of a book released Wednesday by the International Advertising Association Lebanon Chapter.
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Business outlook uncertain in 2012
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| By Mohamad El Amin | February 02, 2012 02:05 AM |
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Wages will increase by an average of 6.5 percent across Lebanese industries throughout 2012 to be partially offset by a 5.8 rise in inflation.
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Gasoline prices rise for 7th week in a row
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| February 01, 2012 09:33 AM |
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Fuel prices were up for a seventh week in a row Wednesday with gasoline increasing by up to LL500, according to the Energy and Water Ministry’s latest price list update.
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Lebanon’s economy plaguedby problems, says U.N. report
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| By Mohamad El Amin | February 01, 2012 02:52 AM |
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Layoffs, slumping tourism, falling construction activity and declining remittances from Lebanese expatriates have marred the performance of the economy of Lebanon in 2011.
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Lebanese middle class diminishing in size
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| By Paula Jahn | February 01, 2012 02:51 AM |
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Lebanon’s once-thriving middle class is now shrinking in number as high inflation, relatively low wages and a lack of major investments in productive sectors take their toll on the population.
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Lebanon needs a public debt strategy
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| By Ibrahim Saif | February 01, 2012 02:51 AM |
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The Lebanese government has a problem of enormous public debt and, unfortunately, no clear plan for getting out of its current economic situation.
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Qatar makes approach for Oger Telecom stake
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| By Dinesh Nair | January 31, 2012 02:13 AM |
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Qatar, eager to boost its footprint in Turkey, has made a takeover approach to the majority owner of Oger Telecom, which owns a controlling stake in Turk Telecom.
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Ministers set to debate Bassil’s electricity plan
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| January 31, 2012 02:12 AM |
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The tug of war between Energy Minister Gibran Bassil and some Cabinet members over the electricity project persisted as the government was set to discuss increasing power shortages.
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Iran offers Lebanon reduced-price electricity
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| January 30, 2012 02:14 AM |
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Iran has proposed to sell Lebanon electricity at reduced prices, Foreign Minister Adnan Mansour said over the weekend after a meeting with the Iranian ambassador to Lebanon.
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Solid bank earnings prop up Beirut markets
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| By Peter T. Daou | January 30, 2012 02:14 AM |
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Heavy trading in BLOM Bank’s common and GDR shares buoyed average daily trading on the BSE up 3 percent to 180,509 shares during the last trading week in January.
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Accounts court: 60 firms hoarded red gasoil
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| January 28, 2012 01:37 AM |
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Head of the Court of Accounts Aouni Ramadan said 60 oil distribution firms may be involved in the red gasoil scandal, promising to pursue this case till the end.
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