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BUSINESS

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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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Samsung
October 3rd, 2024 - 06:08 GMT
Reema Tuqan

Samsung unveils Galaxy S25 Ultra in 2025

Moro Hub
October 3rd, 2024 - 06:07 GMT

Moro Hub Awards the Green Certificate to Central Grievance Committee for Sustainable Use of Moro Green Cloud Services

Almal Real Estate Development
October 3rd, 2024 - 06:05 GMT

Almal Real Estate Development Celebrates Major Wins at the RealTek Awards 2024 and the Luxury Lifestyle Awards 2024

National Bank of Bahrain
October 3rd, 2024 - 06:02 GMT

NBB Participates in Fintech Forward 2024 as Gold Sponsor

Franck Muller Vanguard Tower
October 3rd, 2024 - 05:51 GMT

London Gate and Franck Muller elevate their strategic partnership - Announce second major project - Franck Muller Vanguard Tower, Valued at AED 1.6 Billion

Mohammed Bin Rashid Housing Establishment
October 3rd, 2024 - 05:48 GMT

Arab Housing and Community Development Forum Focuses on Community-Centric Planning and Innovation in Housing

VGV vehicles
October 3rd, 2024 - 05:45 GMT

Sinotruk forays into UAE market, launches new passenger vehicle brand VGV

AmiViz
October 3rd, 2024 - 05:41 GMT

AmiViz to Unveil Advanced Cybersecurity Solutions at GITEX 2024 Under the Theme "Fortifying Your Digital Future"

Maserati
October 3rd, 2024 - 05:31 GMT

The Modena-based company creates an exclusive bespoke model for the Trident’s successors

Orange
October 3rd, 2024 - 05:25 GMT

A Royal Honoring for Orange Jordan for Receiving EFQM Recognized for Excellence 5 Stars Certificate

LG Electronics
October 3rd, 2024 - 03:30 GMT

LG PRESENTS GLOBAL MUSIC FESTIVAL

Microsoft, Nvidia lead $6.6B funding deal in OpenAI at $157B valuation
October 2nd, 2024 - 10:54 GMT

Microsoft, Nvidia lead $6.6B funding deal in OpenAI at $157B valuation

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