Oil prices climb on demand outlook as market awaits fresh cues
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Despair and Brawls at Lebanonâs Gas Pumps as Its Crisis Deepens
May 11 2021, 10:12 PM
May 11 2021, 9:24 PM
May 11 2021, 10:12 PM
(Bloomberg) Rising global oil prices are translating into shortages at the pump in cash-strapped Lebanon, with motorists lining up for hours to fill their tanks in the latest blow to living standards in the Middle Eastern nation.
(Bloomberg) Rising global oil prices are translating into shortages at the pump in cash-strapped Lebanon, with motorists lining up for hours to fill their tanks in the latest blow to living standards in the Middle Eastern nation.
On Tuesday, dozens of cars could be seen outside gas stations across Beirut by 8:30 a.m. The rush means storage vaults regularly run dry early, forcing service stations to ration supplies and customers to hunt the city for fuel.
Ins and outs of franchising in Saudi Arabia
Dimah Talal Al-Sharif
Short Url
https://arab.news/rps2s
Franchising has established itself as an important global commercial activity and the ongoing socioeconomic transformation taking place in Saudi Arabia has seen the business model gain ground in the Kingdom too.
Aside from industry regulation, today’s article highlights the salient features of the mechanism governing the termination of franchise contracts.
If a commercial franchise agreement does not stipulate a specific termination mechanism and the parties wish to part ways, as long as the franchisee is a natural person (more on this shortly) liquidation procedures will take place as stipulated under the Kingdom’s bankruptcy law.
Only US intervention can halt Israel’s Jerusalem onslaught
Osama Al-Sharif
Short Url
https://arab.news/g3n27
Almost three years ago, then-US President Donald Trump took the illegal and unilateral step of recognizing Jerusalem as Israel’s united capital. By doing so, he and his top aides said the US had taken Jerusalem off the negotiating table. In the words of Trump: “We don’t have to talk about it anymore.” But the events of the past few days have underlined one clear and indisputable fact: Jerusalem remains at the core of the Palestinian question and, by extension, the Arab-Israeli conflict.
vimarsana © 2020. All Rights Reserved.