Business

Protesters blocked some roadways in Lebanon for a second day on Wednesday after the currency’s fall to a new low further enraged a population long horrified by the country’s financial meltdown. In the past year, Lebanon has been through a popular uprising against its political leaders, the bankruptcy of the …

The US Department of Commerce is preparing to tax aluminum sheet exporters from 18 countries after determining Tuesday they had benefited from subsidies and dumping. The US International Trade Commission (ITC), an independent body, must approve the final decision by April 15 to impose anti-dumping or countervailing duties, a department …

The United States wasted billions of dollars in war-torn Afghanistan on buildings and vehicles that were either abandoned or destroyed, according to a report released Monday by a US government watchdog. The agency said it reviewed $7.8 billion spent since 2008 on buildings and vehicles. Only $343.2 million worth of …

Uzbekistan’s economic freedom score is 57.2, making its economy the 114th freest in the 2020 Index. Its overall score has increased by 3.9 points due to higher scores for investment freedom, financial freedom, and property rights. Uzbekistan is ranked 26th among 42 countries in the Asia–Pacific region, and its overall …

Saudi Aramco has asked banks to extend by a year a $10 billion loan it raised last May, two sources familiar with the matter said, suggesting that rebounding crude prices are not pushing the oil giant to reduce debt for the time being. The sources confirmed a report by Loan …

A haven for humans craving furry feline company, a cat cafe in Dubai also doubles as an adoption centre for some of the United Arab Emirates’ many strays. The Ailuromania Cat Cafe, which was the Middle East’s first cat cafe when it opened in 2015, hopes the relaxing properties of …

As avid readers of The Levant News you no doubt know the poetry columns we publish by Russell Morris (Angel’s section). Morris is an American author who started out life in medical technology only to move to marketing and then to declare an all out war against the evils of …

An explosion struck an Israeli-owned cargo ship sailing out of the Middle East on Friday, renewing concerns about ship security in the region amid escalating tensions between the US and Iran. The crew and vessel were safe, according to the United Kingdom Maritime Trade Operations, which is run by the …

Sharjah Investment and Development Authority, Shurooq, announced the addition of Moon Retreat to their eco-luxury tourism destinations, state news agency SPA reported. The retreat will open to guests during the first quarter of 2021 in the archaeological area of Mleiha. Moon Retreat will offer visitors stargazing activities as there is …

he World Bank threatened to suspend financing for Lebanon’s COVID-19 vaccination drive in its second week after it emerged that some lawmakers would get their shots in parliament on Tuesday. The comments from the World Bank came as frustration grew among some residents and doctors that vaccinations were moving slowly …

Saudi Arabian Military Industries (SAMI) has signed an agreement to set up a joint venture with US firm Lockheed Martin, the company announced on Sunday. The deal will enhance the Kingdom’s defense and manufacturing capabilities and localize military industries in the Kingdom. It also aims to create jobs in the …

Abu Dhabi ruler Mohamed bin Zayed Al-Nahyan affirmed the UAE’s support for the Lebanese people during a meeting with Lebanon’s Prime Minister-designate Saad Al-Hariri. The Abu Dhabi ruler said that the UAE supported the ambitions of the Lebanese people for “unity, stability and development,” state news agency WAM reported. During …

Australian Prime Minister Scott Morrison vowed on Friday to press ahead with laws to force Facebook Inc to pay news outlets for content, saying he had received support from world leaders after the social media giant blacked out all media. Facebook stripped the pages of domestic and foreign news outlets …

Israel has cancelled plans to participate in a major defence expo in the United Arab Emirates next week due to COVID-19 curbs on air travel, Israeli officials said on Monday. Dozens of Israeli defence firms had been due to take part in the IDEX conference in Abu Dhabi from Feb. …

Andijan region is the birthplace of the great Bobur, the smallest in the area, and at the same time the most densely populated region of Uzbekistan. The history of this region begins with the ancient Dayuan State founded here in the VI century BC. Agriculture with artificial irrigation and cattle …

Ahmed Al-Natour was working at his Gaza market shoe stall when a fire started in a nearby bakery and swept through a crowd of shoppers last March. Twenty-five people were killed and Natour, 34, suffered severe burns to his face and other parts of his body. Back home after months …

Lebanese Prime Minister-designate Saad al-Hariri on Wednesday dined with French President Emmanuel Macron to discuss the crisis in Lebanon and the difficulties in forming a new government, according to Hariri’s Twitter account. “Presidents Hariri and Macron discussed the internal Lebanese difficulties that hinder the formation of the government and the …

Zakhriddin Mukhammad Bobur is a significant person in Uzbekistan’s history. In Central Asian history, he remains as a great ruler and commander who managed to found a huge empire which existed more than 300 years after his death. He placed himself on record not only in the history of the …

Turkey aims to achieve first contact with the moon as part of its national space programme in 2023, President Tayyip Erdogan said on Tuesday. “The first rough landing will be made on the moon with our national and authentic hybrid rocket that shall be launched into orbit in the end …

The CEO and founder of Chinese telecom giant Huawei called Tuesday for a reset with the United States under President Joe Biden, after the firm was battered by sanctions imposed by Donald Trump’s administration. In his first appearance before journalists in a year, Ren Zhengfei said his “confidence in Huawei’s …

(ADVERTISEMENT) Hard work pays off, it gives us great pleasure to announce that Baron Hotels & Resorts Egypt has received the Traveler Review Award 2021 by booking.com. Our team members are so grateful for all the positive reviews and ratings provided by our respected guests during this pandemic and challenging …

Joe Biden has said Iran must cut its uranium enrichment before any return to talks over the regime’s nuclear program. The US president said he would not ease any of the tough sanctions imposed by Donald Trump after he withdrew from the 2015 nuclear deal, while Iran is not sticking …

British-Moroccan model Nora Attal is the star of luxury e-commerce platform Net-a-Porter’s newest campaign. The 21-year-old catwalk star features in the stunning advertorial wearing key pieces from the Spring 2021 collections available on the site. She can be seen wearing a beige knit piece from Christopher Kane paired with a …

“Money has blackened your Soul because you have naïvely allowed it to be eternal; it does not decay like EVERYTHING else Natural. The Soul is Natural too, and it is losing in this battle. Declare demurrage on the US dollar. To fight for your rights is to admit a weakness. …

Egyptian Minister of Transport Kamel Al-Wazir said that Egypt is adopting a vast infrastructure plan to link nine African countries, including Sudan, with the largest land road in Africa. During a plenary session of the Egyptian parliament, Al-Wazir confirmed that the development of the project, including the road and railway …

Yemen’s Prime Minister Maeen Abdul Malik Saeed on Monday criticized a UN report accusing the country’s central bank of corruption. Saeed said that the methodology for the report was wrong and that a Saudi deposit of $2 billion into the central bank in Aden had “greatly alleviated the humanitarian crisis” …

Oman has announced a framework allowing small businesses to use electronic payment services, the Sultanate’s state news agency has reported. The move by the Central Bank of Oman (CBO) is part of a larger campaign to promote cashless transactions across the country, as well as a national e-commerce strategy already …

The United Arab Emirates has adopted amendments that would allow the Gulf state to grant citizenship to investors and other professionals including scientists, doctors and their families, the government said on Saturday. “The UAE cabinet, local Emiri courts and executive councils will nominate those eligible for the citizenship under clear …

Lebanon’s caretaker prime minister on Friday condemned overnight violence in the city of Tripoli, where protesters angry over a strict lockdown clashed with security forces and set the municipality building on fire. Thursday was the fourth straight night of unrest in one of Lebanon’s poorest cities, after the government imposed …

God looking on, as the spokespeople for The DAVOS Gang tell everybody to trust THEM. (not yelling here just emphasizing) “In God We Trust” is even written on the US dollar bill. Who is telling The DAVOS Gang what their agenda is to be? … The Invisible Ones, that is …

In light of the ongoing coronavirus pandemic, Lebanese designer Zuhair Murad has opted to pull out from the Paris Haute Couture Week schedule, which kicked off on Jan. 25. He was scheduled to present his collection just two days from now on Jan. 27. The Ras Baalbek-born designer cited “the …

Israeli leaders played down on Thursday a possible Biden administration review of U.S. arms sales to the United Arab Emirates that girded the Gulf power’s rapprochement with Israel. Washington said on Wednesday it had temporarily paused some pending arms sales to U.S. allies. The Trump administration, having brokered formal Israel-UAE …

The Lebanese Army Command has announced that 31 soldiers were wounded during clashes between protesters and security forces in the northern city of Tripoli, after protests turned violent. People took to the streets in Tripoli, the south Beirut Dahye suburbs and in the Bekaa to protest their living conditions after …

Chinese President Xi Jinping warned global leaders at an all-virtual Davos forum Monday against starting a “new Cold War” while he championed multilateralism. Representing the only major economy to record economic growth last year, Xi presented himself as the defender of multilateralism, as he did at the same forum four …

Iraq has requested emergency assistance from the International Monetary Fund and talks are ongoing between the parties, the IMF said late on Sunday. Iraqi Finance Minister Ali Allawi told Bloomberg News earlier that Iraq was in talks with the IMF for a $6 billion loan package. “The Iraqi authorities have …

A Swiss criminal court will rule on Friday whether Israeli businessman Beny Steinmetz is guilty of corruption and forgery charges in one of the mining world’s most high-profile legal disputes. The battle for control of the world’s richest untapped deposits of iron ore, buried in the remote Simandou mountain range …

Former US President Donald Trump’s daughter, Tiffany, has announced her engagement to her Lebanese partner Michael Boulos this week. The engagement pictures were taken on Tuesday at the White House, a few hours before her father left the office. Tiffany took to social media to express her excitement. “It has been …

In recognition to the creators of such greatness; the WORK in which Kabir Mulchandani and please may I add Donald Trump make their business; it is accommodating people comfortably and helping them to enjoy life. Some people may suspect such great visionaries to be just greedy and gluttonous, terms by …

Jewelry designer Amany Shaker left Egypt over 30-years-ago after finishing up a psychology degree to work in an international NGO in Los Angeles, which became her second home. In 2015, she did a complete career 360, when she decided to launch her own jewelry line Ammanii, a play on her …

Turkey’s advertising ban for social media platforms with more than 1 million daily users that have failed to establish a local representative office in the country came into force on Tuesday. As of Jan. 19, nobody will be allowed to advertise on Twitter, its live-streaming app Periscope and image-sharing app …

The Levant News publishes voices from around the word from a wide variety of people with different political and social backgrounds. After stories from the Netherlands, Saudi Arabia, Italy and the United States today Emile Fakhoury writes from Dubai. He is a Project Manager Professional working in oil, gas and …

The magic spell for casting upon all the sleepers. Just follow these steps. First, declare demurrage on The US dollar. The good foundation has been laid by President Trump. 2. Use the Post Offices * they’re in every corner of The Globe, for stamping the backs of paper money to …

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A letter from The Beast: Dear Everybody, Money will get a child out of bed and even working happily. Have you ever tried that by just saying I love you or God wants you to get up honey. The children observe your behavior and by the time they are six …