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finance & economy

Aug 17

Hariri: The UN and the US will participate in the negotiations on the maritime borders

Hariri: The UN and the US will participate in the negotiations on the maritime borders

NNA - The President of the Council of Ministers Saad Hariri said that he heard from the US administration its support for the Lebanese army, pointing out that the US Secretary of State Mike Pompeo renewed during his meeting with him yesterday his country's support for Lebanon politically"...

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Aug 17

Tabbara: US Leading Economic, Security Cover for Lebanon

Tabbara: US Leading Economic, Security Cover for Lebanon

Former Lebanese ambassador to Washington Riad Tabbara said the current visit of Prime Minister Saad Hariri to Washington constitutes an “economic and security cover for Lebanon,” al-Joumhouria daily reported on Thursday.

The"...

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Aug 15

Report: Lebanon’s 2020 Budget on Front Burner

Report: Lebanon’s 2020 Budget on Front Burner

The efforts of the finance ministry have accelerated to complete Lebanon’s 2020 draft state budget in order to pass it on time unlike the 2019 budget that was passed eight months late.

The team at the finance"...

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Aug 15

Hariri meets Pompeo in Washington today, discusses with Malpas the World Bank's relationship with Lebanon

Hariri meets Pompeo in Washington today, discusses with Malpas the World Bank's relationship with Lebanon

NNA - Prime Minister Saad Hariri’s visit to the United States will culminate with an expected meeting this afternoon with US Secretary of State Mike Pompeo at the Ministry's headquarters in Washington, in the presence of Assistant Secretary for Near Eastern Affairs David Schenker"...

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Aug 15

BCW and Legendary Entertainment Firm BWR Launch New Suite of Entertainment Offerings

BCW and Legendary Entertainment Firm BWR Launch New Suite of Entertainment Offerings

BCW (Burson Cohn & Wolfe), a leading global communications agency, today announced the introduction of BCW Entertainment, a new suite of entertainment offerings designed to move people and build brands through pop culture. BCW Entertainment is powered by Beverly Hills-based BWR, a leading"...

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Aug 15

Energy Vault Closes Series B Funding With $110 Million Investment From Softbank Vision Fund

Energy Vault Closes Series B Funding With $110 Million Investment From Softbank Vision Fund

Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, today announced it has completed a $110 million Series B funding round. The investment for the round was made by SoftBank Vision Fund (Vision Fund) in its first investment in energy storage technology. Energy Vault will use the funds to accelerate global deployment of its technology, which – for the first time – enables renewables to deliver baseload power for less than the cost of fossil fuels 24 hours a day. As part of the investment, Andreas Hansson, Partner for SoftBank......

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Aug 14

ACCI to strengthen ties with members

ACCI to strengthen ties with members

Director of Relations and Members Support Office of the Ajman Chamber of Commerce and Industry, Abdullah Abdulmohsen Al Nuaimi, affirmed that Ajman Chamber is keen to increase its direct communication with the members during the coming period by stimulating working groups and reviewing"...

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Aug 14

American Express GBT, Kanoo Travel to form JV

American Express GBT, Kanoo Travel to form JV

American Express Global Business Travel (GBT), the world’s leading business partner for managed travel, has entered into a definitive agreement to acquire a controlling stake in Kanoo Travel, one of the largest travel management networks in the Middle East.

"...

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Aug 14

The We Company Files Registration Statement for Proposed Initial Public Offering

The We Company Files Registration Statement for Proposed Initial Public Offering

The We Company announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (“SEC”) relating to an initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed"...

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Aug 14

Project Management Institute Surpasses Pledge Goal, Celebrates 100,000 Global Volunteer Hours Donated in Honor of 50th Anniversary

Project Management Institute Surpasses Pledge Goal, Celebrates 100,000 Global Volunteer Hours Donated in Honor of 50th Anniversary

Project Management Institute (PMI) is proud to announce it has doubled its original pledge goal and its stakeholders have pledged to contribute 100,000 volunteer hours to advance causes aligned with the UN’s"...

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