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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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GDP grew from an estimated JD6 billion in 2000 to JD29.98 billion in 2018.
June 20th, 2019 - 07:30 GMT

Jordan Government Seeks Controlling the JD1 Billion Exemptions of 2018

Millennium Al Barsha
June 20th, 2019 - 07:24 GMT

Millennium Al Barsha Announces the Appointment of Christian Palacin as General Manager

NetApp
June 20th, 2019 - 07:06 GMT

NetApp Revolutionizes Data Fabric to Dominate Hybrid Multicloud

Japan is the Kingdom’s second-biggest source of foreign capital and its third-largest commercial partner.
June 20th, 2019 - 07:00 GMT

Saudi Arabia, Japan Ink New Agreements at Saudi-Japan Vision 2030 Business Forum

Nissan e.dams Buemi set for home race in Switzerland
June 20th, 2019 - 06:43 GMT

Nissan E.Dams' Buemi Set for Home Race in Switzerland

During the event
June 20th, 2019 - 06:34 GMT

GEMS Education Wins at ‘Loyalty Magazine Awards 2019’

The report notes that most countries across the region have seen banking mergers or talks to merge in 2018.
June 20th, 2019 - 06:30 GMT

11.3 Percent Growth in Saudi Banking Sector in 2018

Abu Dhabi National Exhibitions Company Group
June 20th, 2019 - 06:15 GMT

Abu Dhabi National Exhibitions Company Introduces Abu Dhabi International Boat Show 2019 to Global Audience at ICOMIA/IFBSO Conference

Dreamaway enjoyed successful screenings at Zawya Cinema in Cairo that lasted for an entire month.
June 20th, 2019 - 06:03 GMT

Dreamaway Takes Part in the Agadir International Documentary Film Festival in Morocco

Khalifa University of Science and Technology
June 20th, 2019 - 05:57 GMT

Khalifa University Becomes First-Ever UAE Institution to Be Ranked Among Top 300 Globally in QS World University 2020 Rankings

During the event
June 20th, 2019 - 05:35 GMT

Ooredoo Group Hosts Its Annual Capital Markets Day

There are seven intentional airports welcoming over 100 million passengers annually in the UAE.
June 20th, 2019 - 05:27 GMT

Aviation Sector Contribution to UAE’s GDP to Surge to $88 Billion by 2030

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