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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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Thierry Sabbagh, Managing Director, Nissan Middle East
June 24th, 2019 - 08:32 GMT

Nissan Announces Senior Management Changes for the Africa, Middle East and India Region

The final phase of its project is now under way, with limited availability of freehold properties at competitive prices.
June 24th, 2019 - 08:12 GMT

Muriya Sells out Phases 1 and 2 of Popular Jebel Sifah Heights Project

Iran exported some $24.06 billion worth of non-oil commodities to 15 neighboring and nearby countries last year ending March 20, 2019.  
June 24th, 2019 - 08:07 GMT

Iran to Export $32 Billion Worth of Goods, Services to 15 Neighbouring Countries

SalamAir has been an airline of firsts, and we’re proud to be the first operator in the Sultanate to introduce this A320neo.
June 24th, 2019 - 07:58 GMT

Third A320NEO Aircraft Joins SalamAir’s Growing Fleet

During the event
June 24th, 2019 - 07:50 GMT

Imdaad Named ‘Overall Facilities Management Company of the Year’

HUAWEI WATCH GT
June 24th, 2019 - 07:30 GMT

Huawei Watch GT Sells More Than Two Million Units Globally Contributing to Y-O-Y Growth of 282.2% for Its Wearable Product Line

The light sweet crude grades are a shorthand for oil that has less than 0.5 percent sulfur content.
June 24th, 2019 - 07:30 GMT

Tensions in the Arabian Gulf Region Affect the Oil Market

The device is expected to represent high-speed connectivity and powerful performance.
June 24th, 2019 - 07:29 GMT

Huawei to Launch the Mate 20 X 5G in UAE Next Month

Taking part in the line-up of some of the world’s most impressive cars, and showcased in arctic white with distinctive gold accents, the Fenyr SuperSport is the newest hypercar to be launched by W Motors.
June 24th, 2019 - 07:22 GMT

W Motors at Heveningham Concours, UK

MG to introduce its first ever seven-seater SUV, the MG RX 8
June 24th, 2019 - 07:17 GMT

Three New Models in 2019 as MG Motor’s Middle East Expansion Gains Momentum

Hisham Alrayes, CEO of GFH , Aymen Tawfiq Al Moayyed Minister of Youth and Sports Affairs
June 24th, 2019 - 07:04 GMT

GFH Launches “XLR8” to Promote the Development of Sporting Events and Initiatives in the Kingdom of Bahrain

Economic performance forecast to gain momentum on the back of rising general expenditure at the federal and local levels of every emirate
June 24th, 2019 - 07:00 GMT

UAE GDP to Grow by 2 Percent in 2019

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