Search Site

Trends banner

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Lebanon annual inflation surges more than 200%

A butcher's shop in Lebanon's capital Beirut. (AFP FILES PHOTO)
  • According to the government data, transportation costs rose 489 percent compared to March 2021, with health expenses up 441 percent
  • Food and beverages climbed 390 percent, while restaurant and hotel costs went up by 349.45 percent

Annual Inflation in Lebanon has spiked to 208 percent in March despite the intervention of the country’s Central Bank.

According to the government data, transportation costs rose 489 percent compared to March 2021, with health expenses up 441 percent.

Food and beverages climbed 390 percent, while restaurant and hotel costs went up by 349.45 percent.

The latest statistics come after consumer prices hit a record high of 239.69 percent in January.