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Lebanon

Capital: Beirut; GDP growth (annual %) 2016: 1.8%

Lebanon: GroupMed announces OLT as new major shareholder

GroupMed Holding s.a.l., the owner of Bankmed s.a.l. is pleased to announce a new shareholder, OLT Holding s.a.l.

Following the approval of the Central Bank of Lebanon, OLT Holding owned by Ala Al Khawaja has successfully acquired from Ayman Hariri a 42.24 % ownership stake of the share capital of GroupMed Holding.
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Lebanese ministry bans Wonder Woman film because of Israeli actress

Lebanon's interior ministry banned the new Wonder Woman film from cinemas on Wednesday because an Israeli actress plays the lead role, a ministry source and a security official said.

Lebanon considers Israel an enemy country and the Ministry of Economy and Trade oversees a boycott of any business transaction concerning Israel.
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Policy Differences Emerge Among Gulf States Days After Wooing President Trump

Cracks have appeared in a Saudi-led, US-backed anti-terrorist political and military alliance days next US President Donald J. Trump ended a historic visit to Saudi Arabia. The cracks stem from Qatar’s long-standing fundamental policy differences with Saudi Arabia and the United Arab Emirates about Iran and the role of political Islam.

The cracks emerged as the result of an anti-Qatar media and cyber campaign involving a spate of anti-Qatar articles in US and Gulf media; the blocking of Qatar-backed media websites and broadcasts in Saudi Arabia, the United Arab Emirates and Egypt; statements by prominent former US government officials; and a recent seminar by the Washington-based Foundation for the Defense of Democracies that has long asserted that Qatar supports militant groups.
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hina Shandong Economic & Technical Cooperation Group LTD(SCI),

Key Facts: Full name: The Lebanese Republic
Population: 4.3 million (UN, 2010)
Area: 10,452 sq km (4,036 sq miles)
Major language: Arabic
Major religions: Islam, Christianity
Life expectancy: 71 years (men), 75 years (women) (UN)
Monetary unit: 1 Lebanese pound (or lira) = 100 piastres
Main exports: Foodstuffs and tobacco
GNI per capita: US $9,080 (World Bank, 2010)
Internet domain: .lb
International dialling code: +961

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Climate change laws around the world
2017/05/14
There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

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Beirut’s Bright Future As A Tech Hub For MENA, If Its Politicians Will Allow It
2015/04/04
As my flight out of Beirut reached cruising altitude, and the seat buckle lights flickered off, I leant back in my chair and wondered if I had, in fact left the country just in time. Admittedly, it wasn’t completely an ‘Argo-esue’ escape from an extra Middle Eastern country, but labelling a controversial government minister on a conference stage as an “idiot” maybe wasn’t the wisest of moves. Beirut is not a town known for its placid history, next all. Furthermore, my comment had made the front page of the Beirut Daily Star the next day. Perhaps it was just as well that I left the next day.

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Albert Aoun
2012/12/23
IFP Group Chairman Albert Aoun’s career in exhibitions started in Riyadh with the establishment of Riyadh Exhibitions Company (REC) followed by the establishment of International Fairs & Promotions (IFP) in Beirut in 1994, together with his brothers Edward and Bechara. By 1995, IFP Lebanon had a full program of exhibitions serving the rebuilding efforts of Lebanon with the first edition of Project Lebanon.

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