Tuesday, Feb 20


Salameh: BDL striving to support middle class


Central Bank Gov. Riad Salameh Tuesday said BDL would seek to revive the middle class through the support of consumer and housing loans.

Relax and invest, Saudi prince tells investors after crackdown


Three months after Saudi Arabia detained scores of people in a crackdown on corruption, its rulers are trying to reassure investors that the kingdom remains open for business.

Saudi sovereign fund dwarfs Qatar with Virgin and SoftBank deals


Saudi Arabia is emerging as the Middle East’s biggest deal-maker as the kingdom creates what it hopes will be the world’s largest sovereign wealth fund.


Turkey shells pro-regime forces in Afrin: Syria state media

Syrian state television showed a convoy of pro-government fighters entering the Kurdish-held Afrin region Tuesday to help fend off a Turkish assault.


Salameh says middle class vital for Lebanon's economy

Banque du Liban Governor Riad Salameh Tuesday said that the bank will look to revive the middle class through supporting consumer housing loans.


Paris IV set for April 6: source

The date for the much anticipated Paris IV donor conference has been set for April 6, a source close to Prime Minister Saad Hariri confirmed Tuesday.


Army to confront any Israeli aggression: Commander

The Lebanese Army will respond to any Israeli aggression with all means, Army commander Gen. Joseph Aoun said this week, affirming Lebanon's right to invest its potential oil and gas wealth.

Monday, Feb 19


Bezos world’s richest man with $121 billion

Bloomberg Billionaire Index showed that Amazon’s Jeff Bezos outranked Microsoft’s founder Bill Gates as the richest man in the world with a $121 billion fortune.

Hariri launches $48M fund for startups


Prime Minister Saad Hariri and the Investment Development Authority of Lebanon unveiled Monday a $48 million fund to support startup companies involved in technology and software programming.

Abu Dhabi broadening oil partnerships


Abu Dhabi’s selection of a Spanish company to help it develop offshore oil fields is a sign of the Gulf producer’s push to diversify its partnerships while working to boost production capacity and secure long-term markets for crude.

Biggest Dubai bank to plan March bid for Sberbank Unit


Emirates NBD PJSC is preparing to submit a bid for Sberbank PJSC’s wholly-owned Turkish unit in March, people with knowledge of the matter said.

Out with the old? The new faces seeking votes

Fueled by anger at the Lebanese state’s failures and emboldened by a new electoral law that gives them a fighting chance, independent groups are getting ready to contest established parties in this year’s parliamentary elections.

U.N. chief warns of nightmare scenario if Israel, Hezbollah clash

United Nations Secretary-General Antonio Guterres said Monday he was worried about the possibility of a direct confrontation between Israel and Lebanon’s Hezbollah movement.


Nasrallah announces Hezbollah election strategy, candidates

Hezbollah Secretary-General Sayyed Hasan Nasrallah announced that in the forthcoming parliamentary elections Hezbollah that candidates to be MPs will not be put forward to be appointed as ministers in a future government in a televised…


Israeli gas company announces 15bn export deal with Egypt


An Israeli energy company Monday announced a $15 billion deal to supply natural gas to Egypt, in the largest export agreement to date for Israel's nascent natural gas industry.


Hariri launches telecoms investment fund


The government will continue to work on implementing essential projects for the country, Prime Minister Saad Hariri said Monday at the Grand Serail, where two investments for emerging companies were launched under his patronage.


Berri announces Amal Movement candidates, electoral program

Amal Movement head and Speaker Nabih Berri Monday announced the party’s candidates and electoral campaign for spring’s parliamentary elections.


Regime to help Kurds repel Turkey in Afrin

Syrian Kurdish forces and the Damascus government have reached an agreement for the Syrian army to enter the Afrin region to help repel a Turkish offensive, a senior Kurdish official told Reuters Sunday.

Berri tells US to ‘take or leave’ border dispute offer: report


Speaker Nabih Berri reportedly told United States envoy David Satterfield that Lebanon’s proposal to resolve the oil and gas dispute with Israel was a take it or leave it offer, a local daily said Monday.

Lebanon gives Israel offer over borders

After rejecting a U.S. settlement proposal for the border dispute with Israel over oil and gas exploration, Lebanese officials presented a counter-proposal to U.S. envoy David Satterfield to convey to Israel, an official source told The…


EDL workers, riot police clash at protest in Beirut

Electricite du Liban contract workers Monday opened a main highway after briefly blocking it during a protest that erupted into clashes with riot police.


Jumblatt to step down as PSP announces candidates


Progressive Socialist Party leader MP Walid Jumblatt will not run in the upcoming parliamentary elections for the first time since 1992 as he passes the family’s political legacy to his son Taymour.

Sunday, Feb 18


America withdraws as the Middle East burns


There’s a lot to be optimistic about today.

Rooted parties face tough election challenge

Unlike previous elections, Lebanon’s long-established political parties are facing a tough challenge in the upcoming legislative elections from independent newcomers who hope to get elected to the next Parliament as a result of the new…


Tunisia phosphate exports halted by protests


Young men block the entrance of a Tunisian phosphate mine, halting exports as they demand jobs in a conflict that is exacerbating an economic crisis in the North African country.


Syria forces ready for assault on E. Ghouta

Syrian forces readied Sunday for a ground offensive against the rebel-held enclave of Eastern Ghouta outside Damascus, a monitor said, as residents of the capital braced for retaliatory shelling.


Israeli, US officials meet over gas row with Lebanon

Israeli Energy Minister Yuval Steinitz met Sunday with a senior United States official seeking to defuse an escalating oil and gas dispute with Lebanon, his office said.


Officer's slap causes outcry, prompts investigation


A video of an Internal Security Forces officer slapping an Electricité du Liban worker went viral over the weekend, sparking outrage and prompting the ISF to promise to open an investigation.

Iran's Zarif slams Netanyahu's 'cartoonish circus' after drone stunt


Iran's foreign minister on Sunday slammed Israel's Benjamin Netanyahu for staging a "cartoonish circus" after the premier brandished what he said was a piece of an Iranian drone shot down by Israel.


Lebanese envoy follows up on expat couple murder


Lebanon's Foreign Ministry announced over the weekend that it is looking into the suspected murder of a Lebanese expatriate and his pregnant wife in Istanbul through the country's delegation in Turkey.