This is Beirut, 20:45 - Reading : 3 minute(s)
Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another hike looms despite falling prices. The 22-nation group began a series of cuts in 2022 to prop up crude prices, but Saudi Arabia, Russia and six other members surprised markets recently by sharply raising output for May and June. The ...
Pierre Daccache, 12:05 - Reading : 4 minute(s)
Saudi Arabia Football Cristiano Ronaldo Al-Nassr
Officially, his contract with Al-Nassr runs until the end of June. Unofficially, a verbal agreement for an extension has been mooted. But behind the scenes, the situation has changed. The Saudi club's elimination from the forthcoming Asian Champions League could shake the last pillars of his commitment. Despite his age and extraordinary stature, ...
This is Beirut, 27/05 14:30 - Reading : 2 minute(s)
Cristiano Ronaldo Al Nassr Football Saudi Arabia
Cristiano Ronaldo indicated on Monday that he could leave Al Nassr after declaring that a "chapter is over" hours after the Saudi Pro League finished. The 40-year-old Portuguese forward joined Al Nassr in 2022 from Manchester United and his contract with the Saudi club ends this summer. A special transfer window runs from June 1-10 to allow the ...
This is Beirut, 26/05 11:50 - Reading : 1 minute(s)
Banks Gulf Kuwait Middle East Saudi Arabia Lebanon
The Arab world’s economy is undergoing a rapid transformation, fueled by the rise of financial markets and robust growth in the technology, energy and finance sectors. According to data compiled by Forbes Middle East, more than 280 companies across the region now boast a market valuation exceeding $1 billion. At the forefront of this ...
This is Beirut, 25/05 17:30 - Reading : 2 minute(s)
Saudi Arabia Washington Donald Trump USA Bahrain
While Saudi Arabia is often cited as the next country to join the Abraham Accords, a statement by Israeli diplomat Yechiel Leiter upsets predictions. In an interview with Marissa Streit, CEO of US platform PragerU, the Israeli ambassador to the United States openly raises the possibility of Lebanon and Syria joining the normalization agreement ...
This is Beirut, 24/05 14:09 - Reading : 3 minute(s)
USA Donald Trump US Treasury Saudi Arabia United States
Syria on Saturday hailed the Trump administration's lifting of US sanctions, as Washington looks to open a new chapter in its relations with Damascus. US President Donald Trump surprised many with his announcement of the new policy on a Gulf tour earlier this month, during which he shook hands with Syria's jihadist-turned-interim ...
This is Beirut, 23/05 17:55 - Reading : 3 minute(s)
Saudi Arabia Donald Trump United Nations Bahrain Hamas
French Foreign Minister Jean-Noël Barrot is hosting on Friday afternoon his counterparts from Saudi Arabia, Jordan, and Egypt to prepare the conference on a so-called "two-state" solution to the Israeli-Palestinian conflict, diplomatic sources said. “It is a working meeting at 3:30 PM with his Egyptian, Jordanian, and Saudi counterparts,” ...
This is Beirut, 23/05 10:40 - Reading : 1 minute(s)
Bahrain Gulf Kuwait Saudi Arabia
A recent report by the US-based World Population Review highlights significant disparities across Arab countries in access to “safely managed” drinking water. While several Gulf states lead the region, Lebanon posts alarming figures that reflect the country’s deepening infrastructure crisis. At the top of the regional ranking, Kuwait has ...
This is Beirut, 22/05 14:15 - Reading : 5 minute(s)
European Union Abbas Halabi Damascus Saudi Arabia Tik Tok
At a currency exchange in Damascus, Anas al-Shammaa is one of many Syrians hopeful that promised relief from Western sanctions will help revive their country's economy after years of war and isolation. "We were totally cut off from the world," said Shammaa, 45, who has been running the exchange shop since 2008. With the lifting of ...
This is Beirut, 22/05 11:15 - Reading : 1 minute(s)
Gulf Saudi Arabia Homeownership Lebanon
A recently published report by the U.S.-based financial and economic magazine CEOWORLD, known for its global rankings and comparative studies, sheds light on the disparities in homeownership rates across Arab countries. The findings reflect significant socio-economic differences within the region. At the top of the Arab world, Bahrain boasts the ...
Bassam Abou Zeid, 21/05 19:00 - Reading : 1 minute(s)
Donald Trump Hezbollah Israel Joseph Aoun Saudi Arabia
According to information from Washington, the Americans have informed the Lebanese government that the Israelis will not withdraw from the positions they occupy in southern Lebanon unless the Lebanese side takes serious and successive steps toward disarming Hezbollah. They emphasized that Israel has no territorial ambitions in Lebanon and that ...
Johnny Kortbawi, 20/05 15:50 - Reading : 2 minute(s)
Donald Trump Hezbollah Israel Joseph Aoun Saudi Arabia
While Saudi Arabia was signing investment deals with the United States worth over $600 billion, and President Donald Trump was pursuing economic ventures exceeding $4 trillion to boost the global economy and forge new alliances, Lebanon was engaging in international politics on the scale of a mukhtar, a village chief. As developments began to ...