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Aug 11

$300 million in relief committed at international donor conference

$300 million in relief committed at international donor conference

An emergency donor video-conference has raised pledges worth nearly €253 million ($300 million) for immediate humanitarian relief.

The international response will be coordinated by the United Nations.

The “assistance should be timely, sufficient and consistent"...

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Aug 11

UK Pledges More Aid for Beirut Crisis at Global Summit

UK Pledges More Aid for Beirut Crisis at Global Summit

The UK will step up its commitment to helping Lebanon’s most vulnerable today, by pledging a further £20m in urgent humanitarian support, the UK embassy said in a press release.

1."...

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Aug 11

Finance Minister Quits in 4th Govt. Resignation

Finance Minister Quits in 4th Govt. Resignation

Finance Minister Ghazi Wazni stepped down Monday in the fourth resignation from a government under fire over the deadly port blast that ripped through the capital, a ministry official told AFP.

The"...

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Aug 11

Lebanon: 10 Months of Crisis

Lebanon: 10 Months of Crisis

Prime Minister Hassan Diab resigned on Monday in the wake of a massive explosion that devastated the capital Beirut and reignited angry anti-government protests over a spiraling economic crisis.

Here is a recap of"...

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Aug 11

U.N. Food Chief: Lebanon Could Run Out of Bread in 2 1/2 Weeks

U.N. Food Chief: Lebanon Could Run Out of Bread in 2 1/2 Weeks

The head of the U.N. food agency said Monday he's 'very, very concerned' Lebanon could run out of bread in about 2 ½ weeks because 85% of the country's grain comes through Beirut's devastated port -- but he believes an area of the port can be made operational this"...

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Aug 11

Qatar Travel Mart qexhibition postponed by a year

Qatar Travel Mart qexhibition postponed by a year

NeXTfairs, the multi-format events organiser, has announced that in view of global spread of COVID-19, the first edition of Qatar Travel Mart (QTM), which was scheduled to be held from November 17 to 19 at Doha Exhibition and Convention Centre (DECC) will now be held from November 16 to 18"...

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Aug 11

Amazon Project Zero Launches in Seven New Countries

Amazon Project Zero Launches in Seven New Countries

Today, Amazon (NASDAQ: AMZN) announced the expansion of Project Zero to seven new countries - Australia, Brazil, Netherlands, Saudi Arabia, Singapore, Turkey, and the UAE - making it available in 17 countries where Amazon has a store. Project Zero combines Amazon’s advanced technology,"...

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Aug 11

World-class bulk liquid terminal taking shape at Duqm SEZ

World-class bulk liquid terminal taking shape at Duqm SEZ

Oman’s newest oil terminal, encompassing a complex of facilities for the storage and export of refined petroleum products from the under-construction Duqm Refinery & Petrochemical scheme, is rapidly taking shape within the Port of Duqm on the Sultanate’s southeastern coast.

"...

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Aug 11

Giant lobster collars and teddy bear badges: Louis Vuitton's new menswear is offbeat

Giant lobster collars and teddy bear badges: Louis Vuitton's new menswear is offbeat

Louis Vuitton's menswear designer Virgil Abloh didn't attend the brand's spring/summer 2021 menswear collection show in Shanghai last Thursday. In fact, none of the team from Paris were in attendance.

Rather"...

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Aug 11

Warren Buffett's search for value leads to him buying his own company's shares

Warren Buffett's search for value leads to him buying his own company's shares

Warren Buffett is betting on brighter prospects for Berkshire Hathaway.

Berkshire spent a record $5.1 billion (Dh18.7bn) buying back its own stock in the second quarter, and may have kept that higher pace going in"...

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