Sunday 26 May 2013
 
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lebanon

Iraq Trade Bank to expand into Lebanon, Turkey

State-owned Trade Bank of Iraq (TBI) plans to expand its domestic presence as well as open branches in Lebanon and Turkey to tap growing trade between the countries, the bank's top executive said on Thursday. The bank, set up

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M&S to open first store in Lebanon

Marks & Spencer (M&S), the top British retailer, has announces plans to open its inaugural store in Beirut this July as part of its regional expansion plans. Located in the heart of Beirut, the City Centre shopping mall is

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TNT Lebanon launches new campaign

TNT Express in Lebanon has announced the launch of its economy express campaign, which aims to increase market awareness of its economy express product offerings. Clients in Lebanon will have the opportunity to send shipment up to

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Phoenicia launches new seasonal offer

Phoenicia Beirut has announced the launch of Live the Experience; for guests wishing to enjoy the luxurious and unique Mediterranean getaway this summer. The offer includes a two-night stay for two at $555 excluding tax, with comp

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UN warns against escalation after Israeli strikes

United Nations Secretary-General Ban Ki-moon warned against escalating a fraught situation in Syria after Israel struck targets near Damascus yesterday, targeting what its officials said were Iranian missiles bound for Hezbollah militants.

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Israel strikes Syria again, rocking Damascus

Israel carried out its second air strike in days on Syria early on Sunday, a Western intelligence source said, in an attack that shook Damascus with a series of powerful blasts and drove columns of fire into the night sky. Israel

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Explosions rock Damascus, Syria blames Israel

Powerful explosions struck the outskirts of Damascus early on Sunday, sending columns of fire into the night sky, and Syrian state television said Israeli rockets had struck a military facility north of the capital. Israel decline

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Premiere starts work on community project

Leading developers Premiere Properties has announced the commencement of the excavation works on its latest gated community project, the Nine-Boulevard. Located in the Bsalim area in Al Metn region, the project will soon rise to b

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Dana Gas wins Egypt oil exploration deal

Dana Gas, a leading regional private sector natural gas company, said it has won a major oil exploration contract from the Egyptian Natural Gas Holding Company and has also been pre-qualified as a non-operator in Lebanon’s first offshore l

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Deloitte assists Gems in $545m debt facility

Deloitte Corporate Finance has acted as financial advisers to Gems Education on raising a Dh2 billion ($545 million) senior debt facility as part of the company’s continuing investment in the education sector. Gems Education

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