- Lebanese Banks Association is demanding a capital control law that would enshrine informal restrictions on withdrawals in hard currency and...
Lebanese Banks Association is demanding a capital control law that would enshrine informal restrictions on withdrawals in hard currency and Lebanese pounds
The Lebanese liquidity crisis first imploded in August 2019, and was further aggravated by both the COVID-19 pandemic in Lebanon and the 2020 Beirut port explosion
- Hours after the earthquake killed at least 1,000 people and caused massive level of destruction in Syria, the UAE has...
According to the official media, Emirati Prime Minister Sheikh Mohammed bin Rashid Al Maktoum "directed urgent humanitarian aid to those affected in Syria"
The UAE said it was planning to establish a field hospital in Turkey and will also send search and rescue teams to Syria, along with urgent relief supplies and emergency aid
- Israeli premier Benjamin Netanyahu says the 'reform', which will give Israel's parliament the power to override court decisions with a...
Israeli premier Benjamin Netanyahu says the 'reform', which will give Israel's parliament the power to override court decisions with a bare majority, won't impact the economy
Critics say the move will give unlimited power to cabinet and destroy Israel’s delicate system of checks and balances, They accuse Netanyahu of pushing the change to escape jail
- For the 12th year in a row, Switzerland leads the ranks on the Global Innovation Index. South Korea was the...
The 2022 GII says it tracks the most recent global innovation trends against the background of the pandemic, slowing productivity growth and other evolving challenges.
It looks at whether stagnation and low productivity growth are here to stay, or whether we are about to enter a new era, where new innovation spurts.
- The Rothschild family is set to take its investment bank private as its holding company announced plans to buy out...
The offer would be priced at 48 euros per share, or 19 percent higher than Friday's closing price, the holding said in a statement.
It is also 15 percent up from the all-time high reached in January 2022.
- ABU DHABI, UAE - The Environment Agency - Abu Dhabi (EAD) has issued a policy on sustaining marine water quality...
The policy is part of EAD's efforts to maintain and sustain Abu Dhabi's marine waters and limit practices that can cause marine pollution.
The policy aims to develop relevant legislative and regulatory frameworks and halt discharges that may have adverse impacts on the marine environment
- DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) participated in a campaign to clean the beach and plant mangroves...
DEWA organized virtual environmental lectures in Arabic and English, in cooperation with Dubai Municipality.
More than 250 DEWA employees and their families participated in the event.
- optimism was dealt a heavy blow Friday by data showing more than half a million new jobs were created in...
The rally enjoyed through January has ended this month as investors contemplate a period of high borrowing costs aimed at bringing inflation down from multi-decade highs
A softer tone from the Fed regarding its monetary tightening campaign had allowed market participants to entertain the possibility of a pause, or even a cut, later in the year
- The high occupancy was achieved despite a 16 per cent increase in room supply in 2022 compared to 2019.
The high occupancy was achieved despite a 16 per cent increase in room supply in 2022 compared to 2019.
Dubai’s hotel inventory at the end of December 2022 comprised of 146,496 rooms at 804 hotel establishments.





















