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UAE halts all flights to Iran on coronavirus concerns

The country has already suspended all flights to and from China, with the exception of Beijing

At least 50 die of coronavirus in Iran – reports

Around 250 people inside a seminary in Qom were believed to have been quarantined on Monday

Lebanon slammed by double downgrade as bond default looms

S&P Global Ratings cut the country’s long-term foreign currency rating to CC, following a similar reduction by Moody’s Investors Service to Ca

‘The US is sparing no effort in smearing Huawei’ – Middle East President Charles Yang

Huawei has signed 77 5G contracts globally, of which 12 are in the Middle East

Lebanon lira no longer fit for airline owned by central bank

Starting on Monday, February 17, Middle East Airlines will only accept foreign currency payments

Lebanon weighs IMF help to decide on $1.2bn bond payment

Former Prime Minister Saad Hariri requested the World Bank and IMF for assistance to address the country’s financial woes

What’s in store for the Middle East’s power sector?

As we enter 2020, it is crucial to note the transformation that the Middle East’s power sector has seen in the last decade

Iraq appoints new prime minister

The appointment took place following the resignation of Adel Abdul-Mahdi

Dubai Gold Exchange records best month of trading since July 2008

Gold Futures recorded a year-on-year volume growth of 515 per cent

Lebanese bonds sink to record lows amid concern over repayment

International reserves can only finance the country’s external needs until March 2021 before being depleted

Crunch time for Lebanon as new cabinet decides on bond payment

Government debt stands at more than 150 per cent of the country’s gross domestic product

US embassy in Baghdad hit in rocket attack

Of the five Katyusha rockets fired at the fortified Green Zone on Sunday, one directly hit the US embassy building

E-commerce paving the way for the future of retail and more

A special report on the state of the e-commerce industry in the region outlining its most recent innovations, challenges that lie ahead and the way forward

Lebanon gets new government after three months of protest

The newly appointed cabinet will have to act fast to address the country’s worst financial and economic crisis in decades

UAE site Bayt.com to grow its global workforce

Close to 500,000 daily visitors from the region access the job site to either look for jobs, to hire, or to find various career related content and tools

Iran working on final step of reducing its nuclear commitments

According to the Ministry spokesman, Iran is working on the ‘last effective step’ to curb its nuclear activities

Iran to transfer black boxes of crashed plane to Ukraine

The 737-800 Ukraine International Airlines jet crashed on January 8, killing all 176 people onboard

UAE’s Vox Cinemas on walking the red carpet for two decades and more

Senior executives from Vox Cinemas outline the company’s blockbuster performance in the last 20 years and why they are bullish despite the rise of streaming services

The Central Bank hub expands on invites to Kuwait, Morocco, Vietnam

The Switzerland-based body serves as a forum for policy makers to discuss global economic developments

Fugitive Carlos Ghosn offers to help Lebanese ministers with his ‘expertise’

The former Nissan head fled Japan for Beirut at the end of December

Missile strike probably caused plane crash in Iran that killed 176 – US officials

Ukraine International Airlines Flight 752 plunged from the sky about two minutes after a pre-dawn takeoff on Wednesday

New US sanctions most likely to hit metals sector: Iran update

US President Donald Trump vowed more sanctions on Iran as part of his “maximum pressure” campaign against the Islamic Republic

Oil shippers raise rates for Middle East routes amid regional tensions

Shipowners are increasing rates for supertankers carrying crude from the Persian Gulf to China, in some cases marking a rise of at least 14 per cent above previous bookings

Iran fires missiles at US bases in Iraq

Fifteen missiles were fired, 10 of which hit the Ayn al-Asad base in western Iraq and another facility in Erbil

Philippines orders citizens to leave Iraq amid rising conflict

The Department of Foreign Affairs has raised its highest alert level in Iraq to help evacuate 6,000 Filipinos

Gold hits highest levels since 2013 as Middle East tensions heighten

Spot bullion climbed as much as 2.3 per cent to $1,588.13 an ounce, the highest level since April 2013

Trump vows sanctions on ally Iraq

In the wake of the Soleimani killing in Iraq, the Iraqi parliament voted yesterday to end the presence of foreign troops in the nation

Philippines prepares to evacuate citizens in Middle East

Philippine President called for an emergency meeting with defense officials on Sunday to discuss US-Iran tensions and its impact

Soleimani killing: US to send 3,000 more troops to Kuwait as Iran tensions rise

Tensions have escalated after an American strike in Iraq killed Iran’s powerful general Qassem Soleimani

Turkey detains pilots, probes Ghosn flight after Istanbul stop

Ghosn, who was facing trial for alleged financial crimes in Japan, went via Turkey to Lebanon on a private jet