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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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BMW gives a glimpse of how it makes wireless charging work for its cars. (Courtesy of BMW)
September 28th, 2017 - 01:01 GMT

BMW Shows That Wireless Charging Isn’t Just for Smartphones

The deal includes the installation of a manufacturing facility specialized in automotive components production. (Shutterstock)
September 28th, 2017 - 12:18 GMT

Morocco Signs Deal With Fiat to Launch Car Production Plant in Tangier

The project aims to deliver over 12,000 housing units to accommodate 58,000 new residents. (Shutterstock)
September 28th, 2017 - 12:01 GMT

Saudi Arabia Announces $5 Billion Multi-Purpose Jeddah Downtown Project

Saudi Arabia is set to see a boost in female job applicants when women are allowed to drive next year. (AFP)
September 28th, 2017 - 11:37 GMT

Saudi Arabia to See More Women at Work as Women Are Allowed to Drive

Iraq has ordered international airlines to halt services to Erbil, the Kurdish capital, and Sulaimaniyah, its second city, beginning Friday evening. (Ozak Kose/ AFP)
September 28th, 2017 - 11:12 GMT

Iraq Steps up Efforts to Isolate Kurdistan, Halts All Flights to Erbil

Etihad has announced on Thursday the appointment of Tony Douglas as group CEO replacing James Hogan who stepped down in July. (AFP/ File)
September 28th, 2017 - 10:56 GMT

Etihad Appoints New CEO

Qatar Airways CEO said the carrier will continue to fly to Erbil as long as its airspace remains open. (AFP/ File)
September 28th, 2017 - 10:44 GMT

Qatar Airways to Fly to Erbil as Long as It Is ‘Safe’: CEO

Turkish Airlines
September 28th, 2017 - 10:43 GMT

Turkish Airlines Corporate Club Conference Opens to a Global Audience

Tawuniya welcomed the employees with Ardah during Saudi National day
September 28th, 2017 - 10:39 GMT

Tawuniya Celebrates Saudi Arabia’s National Day

The UAE's huge appeal is making expats stay in the country for the longer term. (File photo)
September 28th, 2017 - 10:35 GMT

More and More Expats Move to the UAE for the Long Haul: HSBC Report

Dr. Fadi Sawaya and Dr. Ziyad Ghazzal
September 28th, 2017 - 10:30 GMT

AUBMC Structural Cardiology Team Performs the First Transcaval Percutaneous Aortic Valve Replacement in the Middle East and Asia

Mubadala swung to a profit in the first half of 2017, compared to a loss during the same period last year.
September 28th, 2017 - 10:13 GMT

Mubadala Investment Company Swings to Profit in H1 2017

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