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BUSINESS

BUSINESS latest

The lights were always going to go out: inside Lebanon's electricity affair
April 24th, 2026 - 09:42 GMT
Al Bawaba Staff

Al Bawaba Staff

The lights were always going to go out: inside Lebanon's electricity affair

As per Lebanese regulation, before any fuel cargo is accepted into Lebanon, it must undergo laboratory testing. And the body responsible for said testing? The Ministry of Energy. Électricité du Liban, the state-owned electricity company, relies heavily on fuel imports as it still uses fossil fuels. Surprisingly enough, the World Bank attributes nearly half of Lebanon's public debt (around $40 billion) to the electricity sector. Despite years of massive spending ...
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LG UltraGear Gaming Monitor
August 30th, 2018 - 09:58 GMT

LG Focuses on Gaming at IFA With New Ultragear Monitors

Aradhana Khowala is NEOM's new Managing Director of Tourism. (Arab News)
August 30th, 2018 - 09:49 GMT

Aradhana Khowala as Tourism Head of Saudi Arabia's NEOM

Two billion people depend on groundwater sourced from transboundary aquifer systems. (Shutterstock)
August 30th, 2018 - 09:44 GMT

Arab Region Faces the Challenge of Water Scarcity

Khaled Sharabassy, General Manager
August 30th, 2018 - 09:40 GMT

General Manager Khaled Sharabassy Advances Development Plans for Danat Al Ain Resort

KhalifaSat, an earth observation satellite, will join the UAE’s two imaging satellites already in orbit – DubaiSat-1 and DubaiSat-2. (tahawultech)
August 30th, 2018 - 09:37 GMT

First UAE-Made Satellite to Launch in October

The airport clocked monthly traffic exceeding 8 million passengers on three other occasions last year – in January (8.03 million), July (8.06 million) and August (8.23 million). (Shutterstock)
August 30th, 2018 - 09:32 GMT

Dubai Welcomes More Than 8 Million Passengers in July

Saudi Crown Prince, Mohammad bin Salman. (AFP)
August 30th, 2018 - 09:24 GMT

Video: Are We Witnessing the Crash and Burn of Saudi Economy?


The reform group also vowed to improve basic freedoms and the judiciary as it convened for the first time since Turkey switched to an executive presidential system after June 24 elections. (Shutterstock)
August 30th, 2018 - 09:16 GMT

Turkey Pledges to Speed up EU Reforms

Banks are trimming branch numbers as consumers tilt towards online banking. (Shutterstock)
August 30th, 2018 - 08:55 GMT

Report: UAE Banks Laid off Over 600 Employees in 2017

Wi-Fi is a common location solutions tool, and can be an inexpensive and easy option. (Shutterstock)
August 30th, 2018 - 08:48 GMT

How to Choose the Right Location Technology Solution

All children have the right to education, whoever and wherever they are.
August 30th, 2018 - 08:40 GMT

Majid Al Futtaim: Capture Your Great Moments to Help Underprivileged Children Go to School

The sale begins on September 4. (Shutterstock)
August 30th, 2018 - 08:35 GMT

Up to 75 Percent Sale on Top Brands in Dubai

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