by Lebanon News Under Rug Swept | Mar 28, 2011 | Business
The UAE Ministry of Health has decided to withdraw an AmanaCare product, Seven Slim, due to presence of ingredients deemed harmful (and illegal) by the country’s authorities. Seven Slim contains sibutramine, which according to the authorities is not mentioned on...
by Lebanon News Under Rug Swept | Mar 16, 2011 | Business
Now here’s something you don’t read everyday: The cost of insuring against a default by Bahrain surpassed Lebanon for the first time since July 2009 as officials declared a state of emergency and Fitch Ratings lowered the Persian Gulf nation’s credit...
by Lebanon News Under Rug Swept | Jan 20, 2011 | Business
After initial reports that Middle East Airlines is indefinitely postponing its membership with SkyTeam, Arabian Business is now reporting that the Lebanese flag carrier seems to have just postponed its membership announcement to a new date: Middle East Airlines (MEA),...
by Lebanon News Under Rug Swept | Jan 17, 2011 | Business
This post is now outdated: Check out the latest news on the subject – MEA Decides on Date to Join SkyTeam It seems we have another casualty in the collapse of the Lebanese government, national carrier Middle East Airlines has delayed its membership with the...
by Lebanon News Under Rug Swept | Dec 26, 2010 | Business
If you’ve thought the excesses of Beirut has reached its climax, Roberto Cavalli will challenge that: Cavalli first opened a club in Dubai, which includes such luxurious amenities as black quartz floors, Swarovski crystal chandeliers, and special Cavalli...
by Lebanon News Under Rug Swept | Nov 9, 2010 | Business
Well that’s not the case (though it would be funny): EFG Hermes, the Egyptian investment bank, said on Tuesday it had completed the acquisition of a 65 percent stake in Lebanon’s Crédit Libanais, in a transaction valued at $542m. The deal, which is part of a...