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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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During the event
June 20th, 2019 - 09:47 GMT

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LG LED Connect 2019 MEA will Illustrate the Future of LED Signage
June 20th, 2019 - 09:34 GMT

LG to Showcase Immersive Signage for All Business Sectors

The sector's short-term loans -- debt that must be paid in the next 12 months -- decreased by $3.6 billion to $11.8 billion during the same period.
June 20th, 2019 - 09:30 GMT

Turkey's Private Sector External Debt Decreases in April

Edge ST
June 20th, 2019 - 09:22 GMT

Ford Edge Rolls Into UAE Showrooms With ST Performance Credentials and Segment-First Tech, and Ford Co-pilot360 as Standard

During the event
June 20th, 2019 - 09:15 GMT

Talal Abu-Ghazaleh Global and Russia's Infowatch Group Sign Mou in the Fields of It and Cyber Security

During the event
June 20th, 2019 - 09:03 GMT

Corporate Finance Leaders across the Middle East Region Remain Optimistic For Future Growth According to New American Express Global Survey

$30 billion loss is not a big deal for Huawei.
June 20th, 2019 - 09:00 GMT

Huawei's Revenue to Drop $30 Billion This Year Due to US Sanctions

The selective tax on tobacco, its derivatives, energy drinks, alcoholic beverages and pork was 100 per cent applied
June 20th, 2019 - 08:30 GMT

Oman Slashes Tax on Alcohol

During the event
June 20th, 2019 - 08:23 GMT

The first Toyota Corolla Hybrid Electric ever joins the UAE’s Hybrid Nation setting new benchmarks for clean motoring

The Kingdom values UN Women’s contributions to supporting women’s political rights, empowering them economically and supporting the development of government bodies
June 20th, 2019 - 08:00 GMT

Saudi Arabia Reaffirms Support for Empowerment of Women at UN Meeting

First Abu Dhabi Bank
June 20th, 2019 - 07:56 GMT

FAB to Relinquish Qatar Financial Centre License and Close Qatar Operations

Talal Al Dhiyebi, Aldar, CEO_Nilesh Ved, Chairman, Apparel Group
June 20th, 2019 - 07:41 GMT

Aldar Finalises Major 23 Store Lease Agreement With Apparel Group

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