Arab countries have found a new source of foreign investment amid the region’s turmoil: Syrian businessmen who have given up on their war-riven country and want to do business with neighbors. After waiting it out for a long time, many in Syria’s business class are finally coming to the conclusion
Gulf, Qatar airlines win Saudi domestic routes
The Saudi aviation authority has awarded Qatar Airways and Bahrain’s Gulf Air licences to operate domestic flights in the vast desert kingdom. The national carriers of the two neighboring Gulf states will be the first foreign
The rather dangerous Monsieur Hollande
IT IS half of the Franco-German motor that drives the European Union. It has been the swing country in the euro crisis, poised between a prudent north and spendthrift south, and between creditors and debtors. And it is big. If France were the next euro-zone country to get into trouble, the single currency’s very survival […]
Google eyes opportunity in Lebanon
Lebanon might be halfway around the world from the tech hub of Silicon Valley, but Wednesday hundreds of digital enthusiasts saw Google, one of the world’s best known IT companies, come to them.
Top executive in Asia-Pacific to quit JP Morgan
JP Morgan’s most senior banker in Asia-Pacific, Gaby Abdelnour, will quit this summer to pursue personal interests, according to a memo obtained by Reuters.
Saudi owns 40% of total Arab investments in Lebanon
The volume of Saudi investments in Lebanon amounted to $6 billion (SR22.50 billion), which accounts for nearly 40 percent of total Arab investments in that country, Saudi Ambassador to Beirut Ali Asiri said. He said some 111,701 Saudi tourists visited Lebanon in 2011, who accounted for 19 percent and 6.7 percent of Arab and overall […]
Trouble in Congo over company with ties to Hezbollah
Democratic Republic of Congo has awarded lucrative forestry concessions to a company controlled by a Lebanese businessman who also runs a firm subject to sanctions by the United States as a front for Hezbollah.
The Fate of the Syrian Pound
The use of the Syrian pound has only started in 1948 after the secession of Bank of Syria and Lebanon, which was providing a single common currency for both countries.
Steve Jobs is a biological Arab-American with roots in Syria
Steve Jobs, arguably the most influential CEO in the world, is the biological son of a man born in Syria who studied at the American University of Beirut.
ArabNet RoadShow conducts workshop on entrepreneurship
Omar Christidis worked with Dubai Internet City (DIC) for the first time last December, conducting a workshop on entrepreneurship. His ArabNet RoadShow team, based in Beirut, travelled by bus to six countries in the Middle East and North Africa, where they held workshops to support entrepreneurs to start their own companies.