Today News


Turkey's Albayrak says will not fight markets, aims for effective cenbank: NTV

Turkey will not fight with markets but instead pursue a win-win relationship with them, Finance Minister Berat Albayrak was quoted as saying on Sunday, adding that he aimed for an effective central bank in the coming period.


Bou Assi calls for probe into alleged housing loan mismanagement

Lebanon's caretaker social affairs minister has called for a transparent investigation into allegations that subsidized housing loans for limited-income individuals were being granted to unqualified people or invested in other sectors, the…


Lebanon must benefit from proposed US-Russia deal to return refugees: Geagea


Lebanese Forces leader Samir Geagea said Sunday that Lebanon should not miss the opportunity to be a priority in a possible arrangement between Russia and the United State to facilitate the return of Syrian refugees.


Turkish finance minister sees promising outlook for economic growth: Anadolu

Turkey is continuing its strong economic growth trend and the foundations of its economy are strong, new Finance Minister Berat Albayrak was quoted as saying by state media on Sunday.


Magnitude 5.9 quake injures nearly 130 in western Iran

A magnitude 5.9 earthquake hit western Iran on Sunday, injuring at least 128 people, hours after two quakes struck Hormozgan province in the south, state television reported.

Israel evacuates 800 White Helmets to Jordan in face of Syria advance

Israel has evacuated 800 White Helmets rescuers and their family members threatened by advancing Syrian regime forces to Jordan for resettlement in Britain, Canada and Germany, the kingdom said Sunday.

Saturday, Jul 21


Egypt hikes gas prices by up to 75 pct in IMF-backed austerity plan


Egypt said on Saturday it was raising the price of natural gas for home and commercial use by up to 75 percent, the latest move in an IMF-backed austerity programme that has left many Egyptians struggling to make ends meet.


Germany lets export guarantee cap for Turkey trade expire - report

The German government has let a cap it imposed in 2017 on the amount of Hermes export guarantees it provides for trade with Turkey at 1.


American comics bring laughs, open minds to Beirut

The Hollywood Pop Up Comedy Club is back in Beirut this weekend, bringing four American comedians to the Saint-George Yacht Club.

Young man drowns at Tripoli beach


A man drowned Saturday at a public beach in the northern city of Tripoli, becoming the second reported drowning victim in Lebanon in a single day, the state-run National News Agency reported.


Russia contacts Lebanon over joint refugee return committee: source

Russia has contacted Lebanon over forming a joint committee to coordinate refugee returns to Syria in coordination with the United Nations and the United States, a political source told The Daily Star Saturday.


Militants kill 10 Iran Guards at Iraqi border post - agency

Militants killed 10 Iranian Revolutionary Guards in an attack on a post on the Iraqi border on Saturday, Iran's semi-official Tasnim news agency reported, the latest deadly clash in an area where armed opposition Kurdish groups are active.


Lebanese man drowns near Tyre

A Lebanese man drowned Saturday while swimming at a beach north of the coastal city of Tyre, the state-run National News Agency reported.


Syrian army pushes into Qunaitra province - state tv, rebels

The Syrian army and its allies made advances in the southwest that bring it closer to the Israeli-occupied Golan Heights border, state television and rebels said.

Friday, Jul 20


Despite Trump, business as usual for spy agencies


The American intelligence community has never faced a problem quite like President Donald Trump – a commander in chief who is suspected by a growing number of Republicans and Democrats of deferring to Russia’s views over the…

Dubai recipe for economic success looks stale

In Dubai’s posh Jumeirah Beach Residence district, luxury apartment rents are down about 15 percent from a year ago – a sign, some fear, that the wealthy emirate’s recipe for economic success is getting stale.

Saudis second-guess decision to boost oil output under U.S. pressure


Under pressure from U.S. President Donald Trump, Saudi Arabia has rushed to boost oil production – only to discover that global markets might not yet need it.

Abraaj to face lawsuit over Turkish dairy-maker


Abraaj Group Ltd. is being sued by one of the founders of a Turkish dairy maker that the embattled buyout firm is trying to sell, according to people familiar with the matter. The legal action comes as liquidators of Dubai-based Abraaj…

Wings of Lebanon incident sparks concerns over safety

After a plane from Beirut to Greece’s Mykonos had to turn back midflight earlier this month, the airline responsible has come under a barrage of criticism, but it may not be the only party to blame.

Hezbollah fighters return to fanfare welcome

In the majority-Shiite Haret Saida, Aida Saleh stood alongside hundreds of locals awaiting the return of Ali Saleh Friday.


Israeli soldier killed on the border with Gaza: Al-Arabiya

Israeli soldier killed on the border with Gaza: Al-Arabiya


Four Palestinians and Israeli soldier killed in Gaza

BEIRUT: Four Palestinians and an Israeli soldier were killed in Gaza Friday raising fears of another war between the Jewish state and Hamas.


6 Hezbollah fighters return to Lebanon after leaving besieged Syrian town

Hezbollah Secretary-General Sayyed Hasan Nasrallah phoned six Hezbollah fighters as they returned to their homes in Lebanon Friday from the long-besieged Syrian towns of Al-Foua and Kefraya, local media reported.


Kenyan beauty queen sentenced to death for murder


A Kenyan court has sentenced a 24-year-old beauty queen to death for murdering her boyfriend by stabbing him 25 times, drawing criticism from rights groups who called the punishment "inhumane".

Thursday, Jul 19


Chinese president visits UAE in push to increase influence


Chinese President Xi Jinping arrived in Abu Dhabi Thursday on his first trip to the United Arab Emirates as the leader of China at a time when the two countries have been looking to strengthen trade ties and expand investment.

Bankers allay concerns on pound devaluation

Rumors surrounding the eventual devaluation of the Lebanese pound has kept growing in the past few weeks, despite the repeated assurances by Central Bank governor Riad Salameh that the national currency is stable, and will remain stable.

GE’s power unit faces competition in Saudi Arabia

One of General Electric Co.’s largest and most valuable customers, Saudi Arabia, is lining up competitors to bid against GE for lucrative power plant work, according to five people familiar with the situation.

Aramco mulls Sabic stake purchase ahead of IPO plans


Saudi Aramco may buy shares in chemical producer Saudi Basic Industries Corp. from the country’s sovereign wealth fund as the world’s biggest crude oil exporter expands its business ahead of a planned initial public offering.

Airport barely coping with spike in traffic


Weeks after complaints of passenger overcrowding broke out, a senior aviation official insisted Beirut’s airport was coping with the increase in traffic.

Coast pollution ‘critical, not hopeless’


Just under one fifth of Lebanon’s coastal areas surveyed by the National Council for Scientific Research were found to be polluted and unsuitable for swimming, the CNRS’s Secretary-General Mouin Hamza said Thursday.