Gulf countries, rich from record-high oil prices, announced deals here Monday worth $15 billion for the latest fuel-efficient aircraft and other passenger planes made by Boeing and Airbus. Deals involving the United Arab Emirates and Saudi Arabia were revealed on

Newly appointed Telecommunications Minister Jebran Bassil said on Monday that he supported the privatization of the cellular networks at the right price. "I don't think any of the politicians in Lebanon are against the privatization of the telecom. But any

The ceaseless shuffling of brightly colored containers at the Port of Beirut should be awe-inspiring to the citizens of a country where a pile of burning tires can close the international airport for several days and a bombing campaign can

Activity on the Beiurt Stock Exchange mimicked the preceding week's trading pattern as investors betted on the formation of a new government. The week started with a bullish sentiment with heavy trading on Solidere shares that drove the Blom Stock

In an update on Lebanon's sovereign rating outlook following the Doha deal, rating agency Capital Intelligence forecast Lebanon's economic growth at 4 percent in 2008, unchanged from 2007, and for the fiscal deficit to reach 10.5 percent of GDP in

Marwan Lahoud, head of strategy at the European aerospace group EADS, on Sunday said he did not rule out forging links with firms in the Middle East. "It would be silly from our side to exclude any of the options

Iran on Sunday said it has discovered a new oilfield in the hydrocarbon-rich province of Khuzestan. Oil Minister Gholam Hossein Nozari said the oil field held 1.1 billion barrels of sweet crude, of which 233 million was recoverable, the Oil