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Lebanon army says 16 arrested in 'illegal' currency ring

Sixteen people in Lebanon, mostly Syrians, have been arrested for money transfers and "illegal" currency exchange operations, the army said on Saturday, amid a government crackdown on exchange rate manipulation.  The army said in a statement that it had arrested 13 Syrians and three...

Israel swear in new govt, PM seeks West Bank annexation

Israel's parliament swore in a new unity government Sunday led by Prime Minister Benjamin Netanyahu and his former rival Benny Gantz, ending more than 500 days of political deadlock. Lawmakers in Israel's parliament, the Knesset, formally approved the three-year coalition government with 73...

Emirates Group planning to cut about 30,000 jobs

Emirates Group plans to cut about 30,000 jobs to reduce costs amid the coronavirus outbreak, reducing employees by about 30 percent from more than 105,000 at the end of March, Bloomberg News reported, citing people familiar with the matter. The company is also considering speeding up the...

Lebanon on track to end lockdown despite virus uptick: PM

Lebanon will gradually lift a coronavirus lockdown that has compounded its economic crisis, Prime Minister Hassan Diab said Sunday, despite an uptick in cases that prompted a four-day lockdown. Speaking on television, Diab said that the country would "reopen based on the five-stage plan" as...