Business DOE delegation to explore Canadian clean energy opportunities Editor June 25, 2022 The Abu Dhabi Department of Energy (DoE) visited Canada to meet with senior government officials and stakeholders in the Canadian energy sec... Read more »
Business Pakistani rupee hits historic all time low of 200 against the US dollar Editor May 27, 2022 Pakistan’s rupee (PKR) has reached an all-time historic low against the US Dollar on the open market. Pakistani media reported that PKR trad... Read more »
Business For refusal to pay in rubles, Russia cuts off gas supply to Finland Editor May 21, 2022 Russian gas has been cut off to Finland, the third European country that refuses to accept ruble payments. Finland stopped receiving gas fro... Read more »
Business Lebanese central bank condemned for human rights violations by UN Editor May 17, 2022 A United Nations report accuses Lebanon’s central bank and the banking sector of human rights violations as a result of their alleged role ... Read more »
Business Citigroup Inc employee error wiped out $315 billion from Europe stocks Editor May 04, 2022 After a sudden 8% decline in Swedish stocks, Citigroup Inc . said its London trading desk caused a flash crash in Europe that sent shares ac... Read more »
Business Lebanon inflation at world record 208 percent, worse than Zimbabwe and Venezuela Editor April 22, 2022 The annual inflation rate in Lebanon is the highest in the world according to recently announced Bloomberg data. As the financial meltdown ... Read more »
Business Lebanon keen to explore offshore gas with Cyprus amidst challenge from Turkey Editor April 16, 2022 Lebanon’s top diplomat, Foreign Minister Abdallah Bou Habib said said the country is eager to work with Cyprus on exploring potential natur... Read more »
Business The IMF-Lebanon loan deal is being questioned by financial experts Editor April 11, 2022 The International Monetary Fund and Lebanon have reached a tentative agreement on Economic Policies with Lebanon for a Four-Year Extended F... Read more »
Business Lebanese Works Minister and Armenian ambassador discuss bilateral ties Editor March 28, 2022 On Monday, the Minister of Public Works and Transportation in Lebanon, Ali Hamieh, welcomed Vahagn Atabekyan, the Armenian Ambassador to Leb... Read more »
Business US calls for investigation into abuse of Lebanon’s banking system by elite Editor March 10, 2022 The financial collapse of Lebanon resulted in the shuttering of many depositors and the loss of more than 90% of the value of the local curr... Read more »
Business King Abdullah attends launch of JD12M first phase of Livestock Export Zone Editor March 02, 2022 His Majesty King Abdullah attended the launch of the High Health Livestock Export Zone at the Mohammadiyah Development Zone on Wednesday. A ... Read more »
Business Jordan’s trade deficit grew 31.9 percent in 2021 – DOS Editor February 27, 2022 Statistics from the Department of Statistics (DoS) reveal that the Kingdom’s trade deficit rose by 31.9 percent in 2021, to JD8.701 billion,... Read more »
Business Jordan assures its citizens of adequate food supplies Editor February 25, 2022 The Ministry of Industry, Trade and Supply in Jordan assured the citizens of the availability of food stocks, price stability, and the succe... Read more »
Business Insolvent banks in Lebanon downsize to deal with crisis Editor February 20, 2022 Banks in Lebanon are closing branches and laying off workers in droves, responding to the bleak reality of a crisis they are widely blamed f... Read more »
Business Jordan launches a major post-pandemic recovery program Editor February 13, 2022 Jordan has launched a drive to reform the national economy and recover from the effects of the Coronavirus pandemic which took its toll on a... Read more »
Business Miqati says rebuilding Beirut Port is a national, economic priority Editor February 12, 2022 Prime Minister Najib Miqati said Friday that a new law for the ports, including the port of Beirut, is being prepared. He added, in a ceremo... Read more »
Business Cabinet approves Lebanon's budget; revenues less than spending Editor February 11, 2022 During a session held at the Baabda Palace, the Lebanon Cabinet approved the country's state budget for 2022. At a press conference foll... Read more »
Business Central Bank lets commercial banks buy LBP at Sayrafa rate Editor February 02, 2022 Governor of the Central Bank Riad Salameh announced recently that commercial banks can now purchase Lebanese bank notes for cash dollars bas... Read more »
Business UAE to introduce federal corporate tax on business profits from June 2023 Editor January 31, 2022 The Ministry of Finance has announced that the UAE will introduce a federal corporate tax on business profits that will be effective for fin... Read more »
Business ADNEC gears up to host World Future Energy Summit 2022 Editor January 15, 2022 The Abu Dhabi National Exhibitions Company (ADNEC) has finalized its preparations to host the World Future Energy Summit 2022 (WFES) and its... Read more »