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Business Lebanon

  • WASHINGTON, Feb 3- The Trump administration on Friday imposed sanctions on Iran, which it said were just "initial steps" and said Washington would no longer turn a "blind eye" to Iran's hostile actions. "The days of turning a blind eye to Iran's hostile and belligerent actions toward the United States and the world community are over," Flynn said in a White House...

  • WASHINGTON, Feb 3- The Trump administration on Friday imposed sanctions on Iran, which it said were just "initial steps" and said Washington would no longer turn a "blind eye" to Iran's hostile actions. The sanctions on 25 individuals and entities were the opening salvo by President Donald Trump who has vowed a more aggressive policy against Tehran and came two days...

  • WASHINGTON, Feb 3- The Trump administration on Friday imposed sanctions on 25 individuals and entities, ratcheting up pressure on Iran in what it said were just "initial steps" and said it would no longer turn a "blind eye" to Iran's hostile actions. "The Trump Administration will no longer tolerate Iran's provocations that threaten our interests," National...

  • WASHINGTON, Feb 3- The Trump administration on Friday imposed sanctions on 25 individuals and entities, ratcheting up pressure on Iran in what it said were just "initial steps" and said it would no longer turn a "blind eye" to Iran's hostile actions. "The Trump Administration will no longer tolerate Iran's provocations that threaten our interests," National...

  • WASHINGTON, Feb 3- The Trump administration on Friday imposed sanctions on 25 individuals and entities, ratcheting up pressure on Iran in what it said were just "initial steps" days after it had put Tehran "on notice" over a recent ballistic missile test-launch. The White House said that while the sanctions, the first actions against Iran by the U.S. government since...

  • WASHINGTON, Feb 3- The United States on Friday ratcheted up pressure on Iran, putting sanctions on 13 individuals and 12 entities days after the White House put Tehran "on notice" over a ballistic missile test. The move against Iran is the first by the U.S. government since President Donald Trump took office on Jan. 20 after vowing during his 2016 campaign to get tough...

  • BEIRUT, Jan 19- After years of political deadlock, Lebanon finally has a new government. Battered by war in neighbouring Syria, neglected by wrangling politicians and caught in rivalry between Saudi Arabia and Iran, the pillars of the economy- remittances from overseas workers, tourism and real estate- are not what they were. Long-term, Lebanon is searching for new...

  • BEIRUT, Jan 19- After years of political deadlock, Lebanon finally has a new government. Battered by war in neighbouring Syria, neglected by wrangling politicians and caught in rivalry between Saudi Arabia and Iran, the pillars of the economy- remittances from overseas workers, tourism and real estate- are not what they were. Long-term, Lebanon is searching for new...

  • BEIRUT, Jan 19- After years of political deadlock, Lebanon finally has a new government. Battered by war in neighboring Syria, neglected by wrangling politicians and caught in rivalry between Saudi Arabia and Iran, the pillars of the economy- remittances from overseas workers, tourism and real estate- are not what they were. Long-term, Lebanon is searching for new...

  • BEIRUT, Jan 19- After years of political deadlock, Lebanon finally has a new government. Battered by war in neighboring Syria, neglected by wrangling politicians and caught in rivalry between Saudi Arabia and Iran, the pillars of the economy- remittances from overseas workers, tourism and real estate- are not what they were. Long-term, Lebanon is searching for new...

  • PARIS, Jan 12- Qatar Airways said on Thursday it was seeking guarantees from a potential new engine supplier after delays to Airbus jet deliveries, but said Boeing was ahead of schedule on its latest version of the 777, leaving scope to bring those jets forward. Qatar Airways remains in talks with CFM International about supplying engines for an upgraded order...

  • PARIS, Jan 12- Qatar Airways is seeking strict guarantees as it talks to CFM International about supplying engines for a revamped order for Airbus narrow-body jets, which it expects to finalise "soon", its chief executive said on Thursday. CFM exclusively supplies engines for the competing Boeing 737 aircraft, which Qatar Airways has also ordered.

  • BEIRUT, Jan 5- Lebanon intends to restart its first oil and gas licensing round after a three-year delay, the energy minister said on Thursday, hoping to kick-start the development of a hydrocarbon industry stalled by national political paralysis. Lebanon will offer five offshore blocks for exploration and production and is to hold another...

  • BEIRUT, Jan 5- Lebanon intends to restart its first oil and gas licensing round after a three-year delay, the energy minister said on Thursday, hoping to kick-start the development of a hydrocarbon industry. Lebanon will offer five offshore blocks for exploration and production and is to hold another pre-qualification round for companies interested in...

  • BEIRUT, Jan 4- Lebanon's new government on Wednesday passed two decrees concerning oil and gas exploration blocks, meaning a tender process for offshore reserves, stalled since 2013, can begin. Beirut estimates it has 96 trillion cubic feet of natural gas reserves and 865 million barrels of oil offshore, but squabbling between parties has prevented it from...

  • BEIRUT, Jan 4- Lebanon's new government on Wednesday passed two decrees concerning oil and gas exploration blocks, meaning a tender process for offshore reserves, stalled since 2013, can begin. Lebanon estimates it has around 96 trillion cubic feet of natural gas reserves and 865 million barrels of oil offshore, but squabbling between parties has prevented it...

  • *Russia, Iran, Turkey want to broker Syria peace deal. MOSCOW/ ANKARA, Dec 29- Syria would be divided into informal zones of regional power influence and Bashar al-Assad would remain president for at least a few years under an outline deal between Russia, Turkey and Iran, sources say. Russia and Turkey would allow him to stay until the next presidential election when...

  • *Russia, Iran, Turkey want to broker Syria peace deal. MOSCOW/ ANKARA, Dec 28- Syria would be divided into informal zones of regional power influence and Bashar al-Assad would remain president for at least a few years under an outline deal between Russia, Turkey and Iran, sources say. Russia and Turkey would allow him to stay until the next presidential election when...

  • ALEPPO, Syria/ BEIRUT, Dec 16- Evacuations of rebel fighters and civilians including wounded from the last opposition-held areas of Syria's Aleppo gathered pace early on Friday under a ceasefire that would see the government retake the city, monitors and a rebel official said. A statement from the pro- Damascus military alliance that includes Hezbollah said...

  • WASHINGTON, Dec 13- The United States has decided to limit military support to Saudi Arabia's campaign in Yemen because of concerns over widespread civilian casualties and will halt a planned arms sale to the kingdom, U.S. officials told Reuters. The decision reflects deep frustration within President Barack Obama's government over Saudi Arabia's...