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Business Lebanon

  • 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...

  • TEHRAN/ MOSCOW/ BEIRUT, Dec 13- Russian oil producer Gazprom Neft and National Iranian Oil Company agreed on Tuesday to conduct a study into the possible development of two oil fields in Iran, Russia's energy ministry Alexander Novak said. Iran, OPEC's third largest oil producer, plans to launch next year a new-style contract for helping develop its oil and gas...

  • Red wine

    For the latest edition of Access: Middle East, CNBC's Hadley Gamble discovers the aromatic world of Lebanese wine.

  • CNBC's Hadley Gamble learns how one winery represents "a natural outgrowth of what Lebanon has to offer."

  • Wine with a whiff of conflict

    Wine exporter Michel Karam explains how Lebanese wine is exciting consumers, and which markets around the world are most interested in "an affordable way to take a taste of the country’s cultural past."

  • Liquid assets

    The business minds behind a world class boutique winery in Lebanon explain why they chose a somewhat unexpected location to set up their business.

  • For this edition of "Access: Middle East," CNBC's Hadley Gamble headed to Lebanon to take a look at the culture and history of the country.

  • CNBC’s Hadley Gamble heads to downtown Beirut to visit the farmers’ market. Here’s what she discovered.

  • Author Philip Mansel explains how competition among Lebanon’s various factions created a rich and vibrant tapestry of trade and industry.

  • What does all that cultural, religious and economic baggage add up to? For many Lebanese it’s a source of inspiration and industry.

  • *Iraq offers 12 small, midsize fields in tender. *Iraq keen to regain market share lost due to sanctions, war. Crude output in Iraq, OPEC's second largest producer, is already rising dramatically despite corruption, poor infrastructure and the fight against Islamic State.

  • BEIRUT, Oct 26- Iran's carpet makers are distancing themselves from their government in promoting their handmade work as they seek to regain valuable U.S. sales and protect jobs following the removal of economic sanctions. Years of sanctions had helped Iran's three main competitors in handmade carpets- India, Pakistan and Turkey- establish themselves in many...