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May 23

Egypt’s EFG Hermes teams up with ACBS to tap Vietnam market

Egypt’s EFG Hermes teams up with ACBS to tap Vietnam market

Cairo: Egypt’s EFG Hermes (HRHO) signed on Monday a deal with Asia Commercial Bank Securities of Vietnam to tap the Vietnamese market.

The deal will see EFG’s clients receiving on-ground access and intelligence"...

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May 23

Bulgaria and Greece Break Ground on Long-Delayed Gas Pipeline

Bulgaria and Greece Break Ground on Long-Delayed Gas Pipeline

Bulgaria and Greece on Wednesday launched construction of a long-delayed pipeline to link their gas networks, considered key for weaning Sofia off its heavy energy dependence on Russia.

'This interconnector will"...

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May 23

Bakalian Flour Mills open a baking training center

Bakalian Flour Mills open a baking training center

Bakalian Flour Mills in Karantina has recently opened Bakalian BakeLab, a professional baking training center to further educate professional bakers.

“The market lacks centers that teach the art and science of baking. Professionals were obliged to travel abroad to get these"...

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May 23

U.N. Says Gender Diversity Good for Businesses and Economies

U.N. Says Gender Diversity Good for Businesses and Economies

Companies that improve gender diversity -- especially at the top -- perform better and rake in higher profits, while countries that increase women employment see better economic growth, the U.N. said Wednesday.

The"...

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May 23

Banks to stop numbered accounts

Banks to stop numbered accounts

The Association of Banks (ABL) said its board of directors has decided to recommend that member banks stop opening new numbered bank accounts for their customers and to close existing ones as soon as possible.

The identity of the holder of a numbered account is kept anonymous"...

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May 23

Qualcomm Shares Sink 12% after U.S. Antitrust Ruling

Qualcomm Shares Sink 12% after U.S. Antitrust Ruling

Chip maker Qualcomm saw its shares sink nearly 12 percent in premarket trading Wednesday after a U.S. judge ruled that the company violated antitrust law.

Federal judge Lucy H. Koh of the northern district of California"...

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May 23

Report: Bassil’s 12 Suggestions that Pushed Budget Approval Until Friday

Report: Bassil’s 12 Suggestions that Pushed Budget Approval Until Friday

As the government was finalizing its budget discussions during a session on Wednesday, Foreign Minister Jebran Bassil made 12 suggestions to include in the budget and slash the deficit which pushed its approval until Friday, media reports said on Thursday.

Bassil"...

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May 23

Cabinet to Hold 'Final' Budget Session Friday after 'New Ideas' Raised

Cabinet to Hold 'Final' Budget Session Friday after 'New Ideas' Raised

The Cabinet on Wednesday failed anew to finalize the 2019 state budget and will hold another session on Friday to continue the discussions.

“Everyone agreed that Friday's session will be the last,”"...

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May 23

Daoud, Swiss ambassador discuss cultural cooperation prospects

Daoud, Swiss ambassador discuss cultural cooperation prospects

NNA - Minister of Culture Dr. Mohammad Daoud Daoud, welcomed this Wednesday at his office in the ministry the Ambassador of Switzerland to Lebanon, Monica Schutzz Kergoz, who came on a courtesy visit.


Talks between the pair reportedly touched on the current situation and"...

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May 23

Khalil: State Budget Finalized and I'm Satisfied

Khalil: State Budget Finalized and I'm Satisfied

Finance Minister Ali Hassan Khalil has announced that the draft 2019 state budget has been finalized and that he is “satisfied” with the result.

“The discussions of the budget have ended and no real"...

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