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21

Qatar to run third consecutive budget deficit in 2018

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Qatar will run a deficit of $7.7 billion in 2018, a third consecutive year in the red due to low energy prices, the finance ministry said Tuesday. The gas-rich emirate projected spending at $55.4 billion and revenues at $47.7 billion, both…

18

Petrofac wins $800M BP contract for Khazzan gas field in Oman

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British oilfield services company Petrofac Ltd said BP had awarded it a contract worth around $800 million for the second planned phase of the Khazzan gas field in Oman.

14

Marada, FM election alliance likely: Frangieh

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MP Sleiman Frangieh signaled Tuesday that his Marada Movement and the Future Movement might form an alliance during next year’s parliamentary elections.

09

Lebanon vital for Syria reconstruction: report

Lebanon’s air, land and sea routes will be needed for Syria’s reconstruction in case of any upcoming political solution to the country’s civil conflict, a European diplomat told a local daily in remarks published Tuesday.

Monday, Dec 11

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Arbid elected president of Socio-economic Council

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Prime Minister Saad Hariri hailed Monday the election of the new executive committee for Lebanon’s Socio-economic Council headed by Charles Arbid.

Beginning of end for Israel: Nasrallah

Hezbollah leader Sayyed Hasan Nasrallah Monday called on all groups who resist Israel’s plans in the region to determine a unified strategy for a major confrontation, after what he said were victories against takfiri groups.

Aoun prepares for summit on Jerusalem

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President Michel Aoun is drafting suggestions to put forward at an upcoming Organization of Islamic Cooperation summit on occupied Jerusalem in Istanbul Wednesday.

Jerusalem move won’t destabilize Lebanon: experts

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Despite Sunday’s clashes between protesters and security forces near the U.S. Embassy in Lebanon, analysts say the recent U.S. decision to recognize Jerusalem as the capital of Israel will not have an overwhelmingly negative effect on…

MedInvesment closes $25M securitization

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MedInvesment Bank, the financial arm of Bankmed, conducted a successful $25 million securitization for Lebanon’s largest car rental company, the biggest such transaction in the Levant for a car rental business, the bank announced in a…

UAE, Kuwait target June for talks on ending oil cuts

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OPEC and allied oil producers can draft a strategy in June to end global output cuts if the market is no longer oversupplied by then, the UAE’s energy minister said. Kuwait said the cuts may end before 2019 if the market is rebalanced by…

Turkey’s economy up 11.1 pct in third quarter

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Turkey’s economy grew by an eye-catching 11.1 percent in the third quarter of 2017, official statistics showed Monday, with the high reading driven by one-off effects as well as resilient output.

Brent hits highest price since 2015 after pipeline shutdown

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Brent crude in London reached its highest since 2015 as a key North Sea pipeline shut down.

The explorers who slip through the cracks

For nearly two centuries cavers have explored, photographed and documented the vast caverns of Lebanon’s Jeita Grotto, yet still to this day new limestone chambers are being discovered.

Kuwait appoints refining unit CEO as oil minister

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Kuwait appointed as oil minister Bakheet al-Rashidi, who led the OPEC member’s international refining unit as the business expanded from Italy to Vietnam.

16

Nasrallah calls for a third intifada in Palestine

Nasrallah calls for a third intifada in Palestine

14

Nasrallah calls for third Palestinian intifada

Hezbollah Secretary-General Sayyed Hasan Nasrallah said Monday that the best response to U.S. President Donald Trump’s decision on Jerusalem was to call for another intifada.

13

5th day of protests over Trump's Jerusalem move

A fifth day of angry protests was expected in the Middle East on Monday over US President Donald Trump's declaration of Jerusalem as Israel's capital, as Palestinian leader Mahmoud Abbas visited Cairo for crisis talks

10

Socio-economic Council president elected after 15 years

Lebanon’s Socio-economic Council elected Charles Arbid to be its president Monday, effectively reactivating the body after it had lain dormant for over 15 years.

09

Berri to snub Arab meeting on Jerusalem

Speaker Nabih Berri will not attend the emergency Arab Parliamentary Union meeting Wednesday reportedly due to his discontent at the failure to invite Syria to the meeting.

Syrian army, Iranian-backed militias push toward Idlib

The Syrian army and Iranian-backed militias backed by Russian air power stepped up a military campaign against rebels in eastern Hama province in a push toward the rebel stronghold of Idlib province in northwestern Syria, rebels and…

Egypt’s new desert capital proves hard sell

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In Egypt’s eastern desert, roads are being carved across vast expanses of sand where the government is building a new administrative capital, a long-cherished project that has failed in the past.

01

Authorities probe Iraq militia head’s trip to south Lebanon

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Lebanese authorities are investigating a visit to south Lebanon by the head of an Iranian-backed Iraqi militia group that prompted a response from Prime Minister Saad Hariri over the weekend.

Sunday, Dec 10

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U.S. Embassy protest turns violent

Protests at the U.S. Embassy in Lebanon took a violent turn Sunday when Internal Security Forces charged demonstrators after firing tear gas, rubber bullets and water cannons as the crowd was dispersing.

Fresh protests flare over Trump’s Jerusalem decision

New protests flared in the Middle East and elsewhere Sunday over U.S. President Donald Trump’s declaration of Jerusalem as Israel’s capital, a move that has drawn global condemnation and sparked days of unrest in Palestine.

16

Iraqi group responds to Hariri over head's southern sojourn

Iraq militia group Asaib Ahl al-Haq responded to criticism by Prime Minister Saad Hariri Saturday by saying the group’s leader entered Lebanon legally and his trip to the border was in a show of support.

Lebanese politicians react to US Embassy violence

Lebanese politicians condemned the violence that broke out between protesters and Internal Security Forces near the U.S. Embassy in Awkar, hours after activists set fire to American and Israeli flags there Sunday.

14

Erdogan calls Israel 'terrorist state'

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Turkish President Recep Tayyip Erdogan described Israel as a "terrorist state" Sunday and vowed to use "all means to fight" against the U.S. recognition of Jerusalem as the country's capital

10

Protests at US Embassy in Lebanon turn violent

Demonstrations near the U.S. Embassy Sunday turned violent as protesters took to the streets to denounce U.S. President Donald Trump's decision to recognize occupied Jerusalem as the capital of Israel.

Saturday, Dec 9

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Missiles fired at Saudi Arabia have 'common origin' say UN

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United Nations officials have found that missiles fired at Saudi Arabia by Yemen’s Houthi rebels appear to have a common origin, but they are still investigating U.S. and Saudi claims that Iran supplied them, according to a confidential…

23

Arab states should consider US sanctions: Bassil

Lebanon’s Foreign Minister Gebran Bassil said Saturday that Arab nations should consider imposing economic sanctions against the United States to prevent it moving its embassy in Israel to Jerusalem.