Bloomberg Lebanon’s PM Saad Hariri stepped down on Tuesday after two weeks of anti-government protests descended into violence. “I won’t hide that I reached a dead end and it’s time for a major shock to confront the crisis,” Hariri said in a televised address. “I’m going to the presidential palace in Baabda to submit my government’s resignation to the president ...

DUBAI / WAM Businesses in Dubai are confident of closing the year on improved revenues and a stronger footing with economic growth expected to gain momentum during the months ahead. The quarterly business survey of Dubai Economy showed that the Composite Business Confidence Index (BCI), of local businesses increased 14.9 points and reached 129.8 points in the third quarter of ...

ABU DHABI / WAM The United Arab Emirates has characterised news of US military action targeting Daesh leader Abu Bakr Al Baghdadi as a positive step towards strengthening international counter-terror efforts. In a statement released by the Ministry of Foreign Affairs and International Cooperation on Tuesday, Dr Obaid Al Ketbi, Assistant Foreign Minister for Military and Security Affairs, said, “The ...