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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 TV Customers to Benefit From More Languages and Smart Home Connectivity.
August 30th, 2018 - 05:30 GMT

LG TVs With AI ThinQ in More Markets to Get the Google Assistant

The project will feature a stylish and contemporary design with a glass façade, as well as landscaped gardens, gymnasium, swimming pool, retail areas and covered parking.
August 30th, 2018 - 05:20 GMT

Azizi Developments Begins Q3 With Launch of Dh342 M Project Fawad Azizi Residence in Dubai

Guests at Emaar Hospitality Group's hotels can enjoy extremely competitive rates that will make their stay in Dubai even more rewarding.
August 30th, 2018 - 05:15 GMT

Emaar Hospitality Group Offers Exceptional Summer Deals for Visitors Across All Its Hotels in Dubai

Some pharmacists complained of the "unattractive offers" in addition to the lack of opportunities. (Shutterstock)
August 30th, 2018 - 05:00 GMT

Unemployment Rate Among Jordanian Pharmacists Reaches 20 Percent

Twitter suspended more than 70 million fake accounts in May and June. (Shutterstock)
August 30th, 2018 - 04:00 GMT

Twitter Suspends More Than 700 Accounts Linked to Iran, Russia

This series of strategic initiatives will allow Ericsson to operate even closer to its customers.
August 29th, 2018 - 12:17 GMT

Ericsson Increasing US Investments to Support Accelerated 5G Deployments

Huawei’s Q2 2018 global smartphone market share increased to 15.8%, solidifying the brand’s new ranking.
August 29th, 2018 - 12:08 GMT

Award Winning Huawei P20 Pro: Leading the Innovation Agenda in the Smartphone Industry

The currency has lost about 40 per cent of its value against the dollar this year. (Shutterstock)
August 29th, 2018 - 11:49 GMT

Borrowing Limits Doubled for Banks in Turkey

The ratings agency said that the downgrades reflect a substantial increase in the risk of a downside scenario, where a further negative shift in investor sentiment could lead to a curtailing of wholesale funding. (Shutterstock)
August 29th, 2018 - 11:42 GMT

Moody's Downgrades 20 Financial Institutions in Turkey

Consumer prices rose by 2.2 percent year-on-year in July compared to 2.1 percent in June, an increase driven by increasing food prices, particularly vegetables. (Shutterstock)
August 29th, 2018 - 11:36 GMT

Rising Food Costs Push up Inflation Rate in Saudi Arabia

Nojoom Business Programme
August 29th, 2018 - 11:35 GMT

Ooredoo Nojoom Business Programme Adds a Host of Retail Benefits

During the ceremony
August 29th, 2018 - 11:24 GMT

Alef Group Awards Al Mamsha Construction Contract to Al Hamad Group of Companies

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