Pioneer Power Solutions, a distribution and specialty transformer manufacturing company in New Jersey, announced that Pioneer's Switchgear segment, has received a $2.4 million equipment order, as part of a contract for the new U.S. Embassy in Beirut, Lebanon.
Lebanon Tender and Business News
The servicing arm of the Lebanese Credit Insurer (LCI), LCI Services, has expanded its Debt Collection Services to cover 11 new African markets to support clients in their regional growth and protect their trade receivables.
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.
Mercer, a human resources consulting firm headquartered in New York, has announced a strategic alliance with Human Resources Integrated Solutions (HRIS) in Lebanon to help bring market-specific HR data and consulting solutions to Lebanon.
LGB BANK has announced a US$67.5 million-funding agreement with The Dutch Development Bank (FMO), OPEC Fund for International Development (OFID), and The Development Bank of Austria (OeEB) to support Small and Medium Enterprises (SMEs).
US-based Cleveland Clinic, a nonprofit multi-specialty academic medical center, has offered courses designed to integrate business and medicine with hands-on training to help Middle East healthcare leaders, physicians, nurses, and administrators become more effective in their roles.
Chinese Foreign Minister Wang Yi will be visiting the headquarters of the African Union, Ethiopia, and the Opening Ceremony of the China-Africa High-Level Dialogue on Poverty Reduction and Development.
Multilateral development banks (MDBs) leaders have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.
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.
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.
In August 2015, a dust storm blanketed large areas of seven Middle East nations in a haze of dust and sand thick enough to obscure them from satellite view. The storm led to several deaths, thousands of cases of respiratory ailments and injuries, and canceled airline flights and closed ports.
Birmingham, Alabama-based B.L. Harbert has been contracted by the U.S. Department of State to build the new U.S. Embassy complex in Beirut, Lebanon. The project is expected to be ready for occupancy in 2023.
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.
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 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, 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.
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.
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.
According to a just released market study, the global total value of all airport construction projects is estimated at U.S. $637.8 billion. The biggest single chunk of that is in the Asia-Pacific region, with $224.1 billion or 35.1% of the total.
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.
A new industry report forecasts future trends for the growing worldwide demand for cardiovascular needles. North Amnerica is expected to continue to lead demand for the products, but all regions are seeing increased demand.
The World Health Organization just issued its latest Zika Virus situation report, including maps showing the spread of the virus worldwide and recommendations for those who are or may become infected.
Persistence Market Research (PMR) has recently announced the publication of a market study on the global seasonings and spices market. On a global basis, Europe and Asia-Pacific dominate this market.
A 6,830-ton North Korean cargo ship was seized by Philippine government officials as it docked into Subic Bay on March 3. The vessel, its cargo and its crew will be held indefinitely as part of new tougher United Nations sanctions recently approved against the North Korean government.
A new study by ABI Research suggests that despite a floating myth speculating that it will only be a matter of time before personal computers meet their demise, the market is still going strong and shows no sign of slowing down in the immediate future.