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finance & economy

Jun 27

Kanaan promises approved Lebanon state budget by July

Change and Reform bloc MP Ibrahim Kanaan promised that Lebanon's draft state budget will be approved by mid-July.

'The [2017 state] budget will be completed at the budget and finance committee by mid-July,'"...

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Jun 27

Lebanon just broke this Guinness World Record ... again

On Sunday, hundreds of scouts in Lebanon's Aintoura gathered to work on breaking the Guinness World Record for the longest man'oushe in the world. Speaking to local television stations, organizers of the event explained that the goal was to break a previous record also held by Lebanon. 'In previous years, the record was broken with a man'oushe that stood at around 30 meters long, we're trying to break that number with one that's 600 meters long,' an organizer told MTV Lebanon News. The previous record was broken......

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Jun 27

Philip Morris International Doubles Investment in Heated Tobacco Unit Facility in Italy.</br>Another Step towards a Smoke-Free Future.

Philip Morris International Doubles Investment in Heated Tobacco Unit Facility in Italy.
Another Step towards a Smoke-Free Future.

(ME NewsWire)-- Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) today announced a plan to invest an additional approximately €500 million to expand capacity at the company’s smoke-free product manufacturing facility"...

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Jun 27

Cyprus and Portugal offer opportunities for business persons & investors looking to invest in Europe

Cyprus and Portugal offer opportunities for business persons & investors looking to invest in Europe

Europe provides many opportunities for entrepreneurs and investors looking to invest and do business in this progressive economy. Various countries in Europe have their own visa and immigration programs for entrepreneurs of foreign origin. Applying and obtaining an investor visa for Europe"...

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Jun 27

Canada Calling! Right Time to Apply Under the Best & Fastest Immigration Programs

Canada Calling! Right Time to Apply Under the Best & Fastest Immigration Programs

There is good news for all those looking to live, work and settle in Canada. The Canadian government is leaving no stones unturned to make reaching Canada a hassle-free experience for aspirants. As Canada sets a baseline of welcoming at least 300,000 immigrants every year, the country is"...

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Jun 27

Dole Food Company, Inc. Announces the Commencement of a Consent Solicitation for Its 7.25% Senior Secured Notes Due 2025

Dole Food Company, Inc. Announces the Commencement of a Consent Solicitation for Its 7.25% Senior Secured Notes Due 2025

(ME NewsWire)-- Dole Food Company, Inc. (“Dole”) announced today the commencement of a consent solicitation regarding certain amendments (the “Amendments”) to the Indenture, dated as of April 6, 2017, among Dole, DFC Holdings,"...

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Jun 27

Sumitomo Heavy Industries, Ltd. Completes Share Acquisition of FW Energie B.V.

Sumitomo Heavy Industries, Ltd. Completes Share Acquisition of FW Energie B.V.

(ME NewsWire)-- With reference to Sumitomo Heavy Industries, Ltd. (SHI) announcement of 26th June, 2017 (attached), SHI completed the share acquisition of FW Energie B.V. culminating in the combination of SHI and Amec Foster Wheeler’s fluidized"...

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Jun 27

Calligrapher pens Quran in complex Arabic Diwani font

A Lebanese calligrapher has completed a two-year project to hand write a copy of the Quran, Islam's holy book, in the rarely-used and delicate Arabic-language Diwani font.

Mahmoud Bayoun, 80, believes this"...

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Jun 27

Taking Responsibility - Giving Back to the Underprivileged in Lebanon

The month of Ramadan is about giving and lending a helping hand to others; this is exactly what the team in Lebanon did this year.

Twenty members of the Ipsos in Lebanon team were generous enough to give their"...

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Jun 27

Lebanon trash crisis inspired Lebanese designers interested in recycled materials

A crisis that saw mountains of garbage fill the streets of Lebanon led to heightened interest in recycled materials, say designers and architects at Beirut Design Week. Recycled and upcycled projects were in abundance at the annual design event, the second held since Beirut’s so-called trash crisis began in 2015. Construction waste was 3D printed into tiles, plastic was recycled into an immersive installation, and used coffee grounds turned up in home accessories during Beirut Design Week, as designers spoke about working with new......

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