Lebanon has a long history of economic and political instability. In the past, local insurers have been successful at navigating this challenging environment. However, recent civil unrest and a ballooning public debt have increased the level of economic uncertainty, which is negatively impacting the credit quality of Lebanon’s insurance market.

In a new Best’s Special Report, “Lebanese Insurance Market Faces Mounting Uncertainty”,"...

The LEGO Group announced a partnership with Nintendo that will change the way people interact with Super Mario in the physical world and engage in LEGO® experiences.

Both companies share a passion for innovation and play and their collaboration has led to a reimagination of the LEGO building experience, enabling an entirely new way to play inspired by the beloved video game icon, Super Mario.

Neither"...

The U.S. Food and Drug Administration (FDA) has granted Fast Track designation for the investigation of empagliflozin to reduce the risk of kidney disease progression and cardiovascular death in adults with chronic kidney disease, Boehringer Ingelheim and Eli Lilly and Company (NYSE: LLY) announced. The designation was granted for the clinical investigation of empagliflozin in adults with chronic kidney disease. This Fast Track designation for empagliflozin underscores the urgent need for new treatment options for people"...

Reconstruction Committee on the rebuilding of areas liberated from terrorism and compensation for war-affected people discussed its plan for the next stage in light of the expansion of the victories achieved by the Syrian Arab Army.

During a meeting chaired by the Prime Minister Eng. Imad Khamis, the Committee evaluated the implemented projects and how to finance the services projects in the liberated areas to ease the return of displaced people"...

The Home Gardening and Food Processing Project has reached thousands of rural families in the last three years. It expanded its activities and projects such as poultry- raising and fish farming to eight Syrian governorates.

The Project launched its first phase in 2017 with the aim of increasing the income of rural families, supporting their livelihoods in their villages, and achieving food security and self-sufficiency.

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With the participation of Syria, the Asia-Pacific Olympiad for Mathematics which is organized by Indonesia via the Internet, was held on Tuesday with the participation of about 50 countries.

The tests were conducted at Ebla Hotel in Damascus over four straight hours at the same time with other participating countries. The tests included high-level equations in algebra, geometry and analysis studies.

Nabog"...

President of the International Committee of the Red Cross (ICRC) Peter Maurer stressed that the economic blockade on Syria has a great impact on society and economy, which is reflected in basic human needs.

In a press conference held on Tuesday with the President of the Syrian Arab Red Crescent (SARC) Khaled Hboubati, Maurer pointed out that the citizens wish to return to their homes in the liberated areas. The humanitarian needs of the people in"...

Malaysian engineering and construction firm Eversendai Corporation said it has secured projects worth RM490.1 million ($116 million) in the Middle East and North Africa (Mena) region.

The newly secured contracts include a facility control centre and an administrative building project for a well-known metro station in Saudi Arabia, while in Qatar, the group secured two commercial towers in the heart of the Financial District, Lusail City Development, Doha.

Elsewhere in the region, Eversendai has won"...

The deal value of initial public offerings (IPOs) in the Middle East and North Africa (Mena) region witnessed a sizeable increase during Q4 2019 - both in terms of deal volume and value - with five IPOs raising proceeds of $30 billion, compared to the two IPOs that raised $190 million in Q3 2019, according to EY Mena IPO Eye Report.

Global IPO exchange activity also continued to pick up in Q4 2019, with 353 IPOs raising $84.5 billion, marking an increase of 25% in IPO volumes compared with Q1 2019.
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Digital advertising leader Exponential Interactive announced this week that it is rolling out its new, video-driven business division, VDX.tv, in all global markets. VDX.tv allows brands to serve tailormade video-driven experiences across screens, including connected TV (CTV) and Over the Top (OTT). This announcement is on the heels of a"...