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~~Business~~

Mobile banking growing
Path Solutions and Apliman Technologies announce partnership

Bader, Bank Audi sign 5-year pact
Through the agreement, Bader will refer entrepreneurs seeking funding to Audi Bank, improve communication between two sides

Prompt internet bliss
Four thousand mobile phone users test-drive 3G services for one month pilot phase

No Smoking in closed public spaces
All the details of the new measures, as per the law approved recently by Parliament

As-Safir eyes more investors
Syrian-American businessman buys 20 percent stake; 29 percent more still for sale

HSBC-Ashrafieh “out of service”
Zouk branch next at end of September, Verdun follows in second quarter of 2012

Middle East Venture to run Bader Fund
European Investment Bank and Averroès Finance drop out of fund after agreement

High-capacity Matelec expands business
Matelec starts new production unit in Amchit to boost productivity, will launch factory in Riyadh in 2012

Three private airliners suspended...or not?
Minister says the decision was due to breaches of technical specifications raising safety concerns

Cedarcom calls for release of withheld equipment
“Political wrangling” leaves $700,000 worth telecom gear in airport for 8 months

Empire beyond Beirut
Circuit Empire to run ten new theatres in Bekaa, eyes three more in Nabatiyeh

‘Levant Business Forum’ sees light
Private sectors in Lebanon, Turkey, Jordan, and Syria join hands to promote economic ties

Waterfront City phase one sells 75 percent
140 apartments sold in less than two months, prices start at $2700 per square meter

Good appetite for small flats
Real Estate market sees worst quarter in five years, report says

New Chrysler CEO
Lebanon’s Saad Chehab appointed Chrysler-Lancia CEO

Business-friendly environment
Draft reforms of secured lending system to allow liquid assets as guarantees

Citi sets Solidere target price at $31 per share
Solidere made agreement of land plot sale of around $50 million, says report

‘Business Solutions’ in Lebanon
Western Union and OMT sign agreement to facilitate cross-border payment

Firm controls for oil production
Olive presses must be registered for regular conformity checks

Promoting medical enterprises
$17 million project for manufacturing medical supplies benefits from IDAL incentives

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