Eurozone inflation rose to a two-and-half year high in November as Europe moved further away from the low consumer prices that have put a fragile economic recovery under threat.
The Eurostat statistics agency on Wednesday said consumer prices in the 19-country currency bloc rose by 0.6 percent this month, the first time it has hit that level since April 2014.

Six months after the launch of Génération Orient the cultural project, a partnership between SGBL and L'Orient-le Jour, the closing of the first season and the awards ceremony took place at the O1NE in the presence of the artists and a large audience. Painter Hala Ezzedine was handed the 1st prize from SGBL's Deputy CEO Philippe Dubois; dancer Ali Chahrour received the 2nd prize while the 3rd prize was finally attributed to designer Marc Dibeh.
With « Génération Orient », both SGBL, a partner of Culture and Youth, and l’Orient-Le Jour, the daily newspaper of reference, are catalysts of young artistic talents, highlighting every month their art and their passion. Thus, during 6 months, we had the chance to know and assess the story and the path of six young artists in various fields: Mir Jean Bou Chaaya (movies), Rayya Morcos (fashion), Hala Ezzedine (painting), Ali Chahrour (dance), Marc Dibeh (design) et Blu Fiefer (music). The winners were then selected with 50% on facebook and 50% by a jury of experts as well as representatives from both OLJ and SGBL.
OPEC sought Wednesday to defy expectations and finalise a deal reducing its oil output for the first time in eight years, in an effort to boost painfully low crude prices.
"As I told you yesterday everyone is working very hard," said Emirati Energy Minister Suhail al-Mazrouei before the start of talks. "I think we are looking at a very positive meeting and hopefully we will tell you the good news when we finish."

At first glance, Mashvisor is just one of thousands of websites specialising in US real estate.
But it has a unique feature, undetectable to customers: its designers created it in the West Bank and it is run from the Israel-occupied Palestinian territory.

German carmakers BMW, Daimler, Porsche and Audi and U.S. competitor Ford said on Tuesday they would cooperate on a Europe-wide network of electric charging stations.

German airline Lufthansa said it had slashed 800 flights Tuesday as pilots walked out for a 48-hour strike following a four-day stoppage last week in a long-running pay dispute.

Qatar's emir on Tuesday pledged $1.25 billion (1.18 billion euros) in financial support for Tunisia's struggling economy.
Speaking at an investment conference in Tunis, Sheikh Tamim bin Hamad Al-Thani said Qatar would provide the assistance "to support the Tunisian economy and strengthen its process of development".

Beijing is tightening screening on Chinese companies' overseas investments, according to the government and reports, after a record-setting shopping spree raised concerns of capital flight and reckless spending.
Authorities will "combine facilitating foreign investment with guarding against investment risks" by scrutinising proposed deals, said a statement posted on the website of the National Development and Reform Commission, the top economic planner, without giving details.

The United Nations Human Settlements Program (U.N.-Habitat) and Azm & Saade Association have signed a Memorandum of Understanding (MoU) in a launching ceremony that took place on Monday, November 28.

Kuwait will buy 28 Boeing F/A-18 Super Hornets to replace a fleet of earlier versions of the U.S. fighter jets, a top official said Monday.
