Lebanon’s only suicide hotline inundated
There are dozens of such calls every day, and around 1,100 a month, in a nation that has seen an exodus of healthcare specialists and shortages of drugs to treat anxiety, depression and psychosis.Investment in agritech key to UAE’s food security
Investing in agricultural technologies can take the UAE closer to its goal of being one of the top 10 countries for food security soonMENA startups raise $1.2 bn in H1
A Dubai-based think-tank has said that as many as 254 start-ups, mostly from the UAE, Saudi Arabia, and Egypt, have attracted a record-breaking funding in 2021.Saudi mega power plant still seeking takers
The Ras Al Khair plant produces 1.05 million cu m of desalinated water per day and generates 2.65 GW of power.Challenges ahead for Lebanon’s new government
Formed after 13 months of political deadlock, tackling the country's worst ever economic crisis ought to be the new government's priority.Mikati seeks global support to revive Lebanon
The country no longer has the money needed to support its economy, says the new Prime Minister Najib Mikati said in a TV interview.Lebanon gets new govt amidst economic turmoil
Lebanon’s President Michel Aoun and Prime Minister-designate Najib Mikati signed Friday the decree to form the new government, bringing to an end the 13 months-long deadlock that had hampered the formation of a cabinet.TotalEnergies inks $27bn deal to power Iraq
The French firm, formerly called Total, will now build four power projects in Iraq.Saudi Arabia’s ACWA Power plans $1bn IPO
The Saudi utility developer -- half-owned by the the Kingdom's Public Investment Fund, plans to issue 85.3 million shares -- representing 11.67% of the firm after a capital increase.Syrian oil spill moves away from northern Cyprus
Emergency workers tried to contain the spillage by roping it off with booms tossed from ships some 15 nautical miles off the shoreADX is the least expensive equity market in MENA
ADX has plans to get at least 10 companies as well as additional services such as derivatives trading by the end of 2021Iraq’s Mosul struggles to rebuild without funds
Mosul, the country's second city in Nineveh province, was the last major Iraqi bastion of the Islamic State group's failed "caliphate" between 2014 and 2017Regional security in focus as Mideast leaders meet
Leaders from around the MENA region are arriving in Baghdad for a summit meant to lower tensions in the region. The meeting is a chance for Iraq to showcase its recent efforts to be a neutral mediator.Iran to build 3GW renewable power plants
The move is a collaboration between Iran's Power Generation, Distribution, and Transmission Company, and the Iranian Fuel Conservation Company.Family firms call heirs to take command
Family-owned businesses in the Middle East, estimated to be worth more than $1 trillion, have been bogged down with issues such as corporate governance, estate planning and succession.IsDB and OIC keen to boost cooperation
Both institutions will work toward supporting economic and social development in member countries.IFC pours $10.4bn in private sector in MENA
During the current financial year, the International Finance Corporation (IFC), a member of the World Bank group, provided financing worth $10.4 billion in the MENA region.High cost of non-stop flying shakes up aviation
The global aviation industry has been booming for the last few decades now. But the unprecedented growth in jets flying round-the-clock has come at a big cost to the environment.Lebanon to disburse dollars to families
The decision to disburse the $246-million World Bank loan in dollars will have a significant impact on the beneficiaries.Saudi Arabia to create million tourism jobs by 2030
Saudi Arabia has developed cultural, heritage tourism projects in more than 25 tourist destinations and eyes 100 million tourists by 2030.Green drive: Middle East bets big on renewables
To forestall the crippling effects of climate change, Saudi Arabia and the UAE have put on track projects worth billions of dollars to significantly lower emissions.UAE’s Operation $300bn eyes more M&As
The strategic merger between Arkan and Emirates Steel Industries highlights the focus of the UAE's new industrial initiative 'Operation $300bn.'Iran tightens Covid curbs as cases, deaths surge
The Islamic republic is struggling to contain what officials have called a "fifth wave" of the virus caused by the highly infectious Delta variantOFID lends Jordan $70m to boost economy
The loan is expected to be used to provide for stimulus packages to for workers and create new jobs.Dubai records $1.2 billion realty deals
AED 2 billion worth of properties were mortgaged, the highest being a plot of land in Al Hebiah First, mortgaged for AED 333 million.Afghan general takes Taliban fight to social media
36-year-old Sadat commands 20,000 men and remains optimistic of a win against Taliban.Iran’s Khamenei says halting Covid ‘urgent’ priority
The Islamic republic's Covid cases and fatalities have surged in recent weeks, in what officials have said is a "fifth wave" caused by the highly infectious Delta variantMENA connectedness ranking rising: Survey
The UAE is the highest ranked in the region, and the fourth country globally, in terms of overall global connectedness.ADNOC and Fertiglobe to sell blue ammonia to Idemitsu
The sale is part of UAE-Japan industrial cooperation and development of ammonia supply chains.Saudi borders reopen for vaccinated pilgrims
Authorities in the ministry responsible for coordinating foreign pilgrims will from Monday begin "gradually receiving Umrah requests from various countries of the world," the Saudi Press Agency reported.































