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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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A spike in oil prices would fuel inflation and upset a fragile economic recovery in both developed and emerging markets
February 15th, 2012 - 04:24 GMT

Iran tensions could disrupt global recovery

A lot of people have already expressed their desire to sign up for next year’s event which should be an even stronger one
February 15th, 2012 - 04:22 GMT

Major deals signed at top Gulf industry fair

The alliance would be for real action, leading to more jobs for young people
February 15th, 2012 - 04:02 GMT

Empowering and employing the youth through an international alliance

Web-based business greatly reduces barriers to market entry
February 15th, 2012 - 01:14 GMT

Lebanon’s Web-based businesses hit fast track

Mohammed Al Muallem, Senior Vice President and Managing Director, DP World, recieving the award from Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai
February 15th, 2012 - 12:59 GMT

DP World wins Dubai award for sustainable transport

Al Bawaba
February 15th, 2012 - 12:27 GMT

Gigaset presents first full touch phone for the home-SL 910 A

Etihad Airways
February 15th, 2012 - 12:15 GMT

Etihad Airways and Hala Abu Dhabi offer packages for Madonna concert goers

Bank of Sharjah
February 15th, 2012 - 12:02 GMT

Management discussion & analysis report Bank of Sharjah for the year ending December 31, 2011

Al Bawaba
February 15th, 2012 - 11:50 GMT

Microsoft Gulf engages NGOs in the UAE on the role of IT in social development

The Emirates' A380 will serve Amsterdam from 1st August
February 15th, 2012 - 11:46 GMT

Amsterdam joins Emirates’ A380 network

The rail link will start in Kuwait and pass by the eastern Saudi city of Dammam, connecting with Bahrain
February 15th, 2012 - 11:40 GMT

$4.2 billion: The cost of Bahrain-Saudi railway

A reduction or re-targeting of Iranian oil exports might increase the price that Gulf oil exporters can expect
February 15th, 2012 - 11:10 GMT

Hormuz disruption could boost oil price to $150

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