Figures released by the Order of Engineers of Beirut and Tripoli reveal that construction permits totaled 5,074,893 million square meters in the first half of 2008, up by 24.8 percent from 4,066,666 square meters in the same period the previous
Most areas in Lebanon have been experiencing severe power rationing over the past few weeks as Electricite du Liban (EDL), the state-owned electricity company, has been unable to deliver regular power supplies to millions of electricity subscribers. In many parts
Telecommunication Minister Jebran Bassil warned Monday that his ministry would prosecute any shop that sells prepaid cellular cards at prices above the official rates.In a statement to the press, the minister said the price of a new Alfa prepaid card
Figures released by the Higher Customs Council show that the aggregate value of imports and exports totaled $7.543 billion in the first five months of 2008, up by a major 33.2 percent from $5.663 billion in the same period of
The consolidated balance sheet of financial institutions in Lebanon reached LL1,006 billion, or $667.5 million, at the end of March 2008, constituting an increase of 6.5 percent from end-2007 and a rise of 20.6 percent year-on-year, as reported by Lebanon
The cumulative amount of subsidized interest loans to productive sectors in Lebanon reached $1.99 billion at the end of March 2008. The industrial sector accounted for $1.2 billion, or 60.5 percent of the total, followed by tourism with $571.3 million
IBM and Linden Lab, creator of Second Life, are working on adapting the popular virtual world technology for customised and secure collaboration within corporations.
Students from St. Petersburg University of IT, Mechanics and Optics in Russia took top honors in the 32nd annual Association for Computing Machinery International Collegiate Programming Contest.
IBM's latest supercomputer uses a water cooling system that cuts air conditioning units by 80 percent and reduces the energy for cooling a data centre by 40 percent. The new Power 575 supercomputer, equipped with IBM's latest POWER6 microprocessor, relies
Glenmark Pharmaceuticals (Glenmark), which reorganised its speciality and generics businesses recently, is looking to acquire a medium to large-scale speciality pharmaceutical company in the US.
Speculations are rife in the local media about MTN's next move after the failure of talks with two Indian entities RCOM and Bharti Airtel for a possible merger, with some saying that the South African telecom major might now target
Private air-charter service provider Airnetz Aviation would launch its air-taxi service in the country next year, a top company official said on Tuesday.
The eGoM, headed by External Affairs Minister Pranab Mukherjee, is likely to take up issues including demand from developers to revise the 5,000 hectare land ceiling for one SEZ.
The latest "e-readiness" ranking of the world's largest economies puts the U.S. on top, followed closely by Hong Kong. The annual survey examines the information and communication technology (ICT) of 70 economies, using a model developed by the Economist Intelligence
Singapore - May 8, 2008...IBM (NYSE: IBM) today announced a new program to help university students in Asia enhance their skills to complete in a global market. The new program will allow students at more than 2,100 institutions in India,
Singapore, May 13, 2008 - IBM today announced that is has surpassed a milestone in the delivery of Linear Tape-Open (LTO) drive solutions, by shipping its one millionth LTO drive to its client. The announcement was made today at an
The Sensex opened 12 points lower at 13,838, and soon touched a low of 13,798. Fresh buying, thereafter, helped the index rebound into the positive zone and zip past the 14,000-mark.
Wipro has taken various initiatives to infuse a green element into its business, by offering solutions that would help the company and its customers optimise energy efficiency and deal with waste
