Lebanon Needs '$2 Billion' To Meet Power Demand

Lebanon needs to increase its current electricity output from 1,500 MW to close to 2,300 MW and this requires an investment of over $2 billion, Energy and Water Minister Alan Tabourian said. The Daily Star - 07Aug 11:19GMT
Rice Threatens Sanctions On Iran

US Secretary of State Condoleezza Rice threatened Iran with more sanctions Thursday after it failed to give an adequate response to the latest bid by Western powers to induce it to freeze uranium enrichment. AFP - 07Aug 11:09GMT

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The 10% decline in Dubai's property market by 2010 projected by Morgan Stanley fails to account for regional fundamentals, say Dubai developers.

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The Dubai Municipality launched 'Managers on Air', a new initiative which will facilitate interaction between senior officials of the civic body with the public over the telephone.

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