Category: Corporate

Showing up Daily

Showing up daily is an essential part of being an organized and loyal individual. I believe showing up daily is not only about doing the work but also about showing yourself and others that you genuinely believe in and love what you do. By Emile FakhouryWe think showing consistently is always smiling, motivated, and fully […]

Washington reportedly told Israel not to file complaint over Hezbollah drones

Israel was mulling the possibility of filing a U.N. complaint against Lebanon over the drones that Hezbollah sent towards the Karish gas field, but it later shelved the idea at Washington’s request, al-Akhbar newspaper reported on Tuesday. Israel refrained from filing the complaint “after the pressures of U.S. Ambassador Dorothy Shea on the Lebanese premier […]

US may give Lebanon Qana gasfield for free

A major progress is expected in the negotiations over the sea border demarcation between Lebanon and Israel, according to media reports and to both Lebanese and Israelis. Lebanese newspaper al-Akhbar said Friday that Washington has been assuring the Lebanese political forces, through continuous talks, that Israel and the U.S. are not seeking escalation and that […]

Welcome to the World marks second anniversary with new Chairman of the Board of Directors

Video platform Welcome to the World (WttW) marked its second anniversary this week with the installment of Joop Drechsel as the new Chairman of the Board of Directors. “We see it as another milestone. His broad experience is of great added value,” said Stefanie Schachtschabel, CEO and founder of the Dubai-based start-up. By Arthur BlokAfter […]

Citigroup warns of imminent collapse of oil prices

Crude oil may drop to $65 a barrel by the end of this year and could sink to $45 a barrel by the end of 2023, if the recession hits, warns Citigroup as reported by Bloomberg. Citigroup analysts including Francesco Martoccia and Ed Morse said in a report that this scenario may arise in the […]

Three US oil companies to leave Kurdistan after Baghdad decision

U.S. oilfield services companies Schlumberger SLB.N, Baker Hughes BKR.O and Halliburton HAL.N have pledged to comply with a federal supreme court ruling and withdraw from Iraq's Kurdistan region, the country's oil ministry said in Baghdad. The companies have confirmed that they will not start new projects in the semi-autonomous Kurdistan region and are in the process of closing their existing […]

Lebanese government disowns Hezbollah drone incident over disputed gasfields

The Lebanese state on Monday distanced itself from the drones that Hezbollah sent Saturday towards the Karish offshore field, saying “any act outside the state’s responsibility” is “unacceptable” and dangerous. The statement was issued by Prime Minister-designate Najib Mikati’s office after the premier met with caretaker Foreign Minister Abdallah Bou Habib, who is close to […]

Lebanese FM says maritime dispute to be settled in September

Caretaker Foreign Minister Abdallah Bou Habib said Sunday that he expects Lebanon and Israel to reach a sea border demarcation agreement in September. Bou Habib made the announcement in remarks to LBCI television. The statement comes a day after Hezbollah sent three unarmed drones towards an Israeli gas rig in the Karish field, in what […]

Israel bully's Lebanon into buying its Qana gas shares

Israel has responded to Lebanon’s latest proposal regarding sea border demarcation and its answer included a suggestion that Lebanon “buy Israel’s small share” in the Qana offshore field, informed sources said. “Israel has welcomed the unified Lebanese stance, which does not mention Line 29 as a negotiations line, and it considered that this answer ends […]

BREAKING NEWS - Israelis say they shot down Hezbollah drones going to disputed gasfield

The Israeli army on Saturday said it intercepted three drones launched by Hezbollah from Lebanon that were headed towards an offshore gas field in the Mediterranean, an announcement that was later confirmed by Hezbollah. "Three hostile drones approaching the airspace in Israel's economic waters have been intercepted," the army said in a statement, adding that […]

US denies it sent warships to protest Karish gasfield for Israel

The circulated reports about the arrival of U.S. warships to protect the Karish offshore gas field are baseless, a U.S. Embassy source told al-Jadeed TV on Thursday. Al-Akhbar newspaper had earlier reported, quoting “UNIFIL sources,” that U.S. warships had arrived off the Karish field and started measures aimed at protecting the Energean Power gas vessel. […]

Rosatom to build Egypt nuclear power plant

Russia’s state-owned nuclear energy corporation, Rosatom, said on Wednesday it had received permission from an Egyptian regulator to start building the country’s first nuclear plant. Egypt and Russia signed an agreement to start work on Egypt’s Dabaa nuclear power plant during a meeting in Cairo between President Abdel Fattah al-Sisi and President Vladimir Putin in […]

Four ways to learn about Work, Practice, Communication & Reflection

Learning is a broad concept. It is not as easy as it sounds. Especially when it comes to learning about Knowledge growth, Skills Development, and Change in values, together they are part of a rather complex learning process. By Emile Fakhoury Although no such formula can completely encompass the learning process, I believe that you […]

Macron defends UAE, Saudi as US slowly runs out of oil

The Crown Prince of the United Arab Emirates, Sheikh Mohammed bin Zayed (MbZ), told French President Emmanuel Macron on Monday that two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production. "I had a call with MbZ," Macron was heard telling US President Joe Biden on the sidelines […]

Bassil wants decisive Israeli answer to Karish gasfield dispute

Free Patriotic Movement chief Jebran Bassil has called on Israel to "answer" Lebanon regarding its sea border demarcation proposal or risk facing "dangerous escalation." "The dissolution of the parliament in Israel does not justify for it not to answer regarding the possible solution for sea lines and fields," Bassil tweeted. "The Israeli government can achieve […]

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