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UAE central bank: studying proposed projects in Lebanon

The United Arab Emirates’ central bank said on Sunday it is studying projects for Lebanon that had been proposed an at investment forum in the capital Abu Dhabi last month. “We decided to study and recommend to the leadership in light of developments recently,” Mubarak Rashid...

Israel-Egypt gas pipeline deal seen imminent

A deal that would transfer control of a natural gas pipeline between Israel and Egypt is expected to be closed in the next few days, the companies said on Sunday. Texas-based Noble Energy, Israel’s Delek Drilling and Egyptian East Gas Co have partnered in a venture called EMED, which last...

Iran strikes initial deal to rebuild Syrian power grid

Iran signed a preliminary agreement with Syria on Saturday to help rebuild the Arab ally’s electricity grid, Iranian state media reported, as Tehran seeks a deepening economic role after years of the Syrian conflict. A memorandum of understanding signed by the two countries’ electricity...