Lebanon Tender and Business News

EBRD Completes Equity Investment in Bank Audi sal

The European Bank for Reconstruction and Development (EBRD), a multilateral bank headquartered in London, United Kingdom, has completed an equity investment in Bank Audi sal, a banking group in Lebanon.

Lebanon Proposes New Tax Hikes Then Delays Elections

Days after two thousand protesters gathered in front of the government palace in Beirut on March 19, to protest against proposed tax hikes, the Lebanon's Speaker of Parliament Nabih Berri announced that elections will be delayed, again.

Sustainable Human Development Requires Far More Inclusion

Human development is progressing and has recently made major strides in many areas, but many are still left behind, with systemic and often unmeasured barriers to catching up. A new UN report urges a stronger focus on those excluded and on actions to dismantle these barriers to ensure sustainable human development for all.

The Qatar Foundation's Annual WISE Awards in Education Announced

The WISE Awards, an annual initiative of the Qatar Foundation designed to celebrate the most creative education projects around the world, has announced this year's winners. These creative groups come from India, Lebanon, France, Brazil, the U.S. and Canada this year.

Dire Warnings But Also Hope as IUCN Environmental Congress Opens

A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.

Boston Market Restaurants to Expand into 7 Middle Eastern Countries

Boston Market IP Company Ltd., an affiliate of Boston Market Corporation, a fresh food alternative to fast food franchises headquartered in Colorado, just signed a development agreement to open between 25 to 30 restaurants across the Middle East over the next few years.

Water Scarcity Could Impact West Asian Credit Ratings

Water scarcity, conflict and refugee exodus is the strongest megatrend in West Asia, indicating the status of current trends and how these factors may shape the future, according to UN Environment Programme’s sixth Global Environment Outlook – GEO-6 Regional Assessment for West Asia released May 2016.

Worldwide Cost of Lead Exposure in Developing Countries Almost $1B Annually

The problem of children around the world being exposed to lead -- and the many medical consequences of that -- is still significant even in the 21st century. A study just published by New York University shows the annual economic cost of lead exposure at $977 billion worldwide, with ~$700 billion of that happening just within Asia.

Middle East -- The Mother of All Humanitarian Crises

When, in March 2015, delegates from the Middle East met in Amman for their regional consultations round in preparation for the May 23-24 World Humanitarian Summit in Istanbul, most likely what they had in mind is the fact that their region was –and still is– the dramatic set of “the mother of all humanitarian crises.

RMB Reaches Nearly 40% Adoption Across Financial Institutions Worldwide

SWIFT data shows a double digit growth of RMB adoption by financial institutions established in all regions. In February 2016, 1,131 banks were using the RMB for payments with mainland China and Hong Kong, representing 37% of all institutions exchanging payments with mainland China and Hong Kong across all currencies.

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