BEIRUT: Moody’s downgrading of the long-term deposits of Lebanon’s top three banks will have little impact on their performance, but may diminish...
BEIRUT: The Bank of Beirut, as in the case of most leading banks in Lebanon, is keen to strengthen its presence abroad, most notably in Australia, in a bid to...
BEIRUT: Parliament Speaker Nabih Berri’s claim that Israel is siphoning off gas from one of Lebanon’s offshore reserves has underlined the...
BEIRUT: There is no threat to Lebanon’s banking secrecy, despite the mounting pressure from the international community to disclose the accounts of...
BEIRUT: Energy Minister Arthur Nazarian revealed Tuesday that the Finance Ministry released outstanding payments to a Danish company building two electricity...
BEIRUT: All 2-D seismic onshore surveys for gas and oil in Lebanon have been halted until the government launches the licensing round for oil and gas...
BEIRUT: The chairman and developer of the $1 billion Beit Misk residential project is determined to complete the remaining phases of the commercial plan...
BEIRUT: Some of the Lebanese financial institutions that operate outside of the proper legal framework may be targeted by the United States unless they...
BEIRUT: Profits of Lebanese insurance companies are expected to fall by 20 percent at least in 2014, due to the rising number of car accidents and fierce...
BEIRUT: BLOM, one of the largest banks in Lebanon, is eying the Gulf states and Iraq, but it is also cementing its presence in some of the other states in the...
BEIRUT: ZR Holding has agreed to buy an 80-percent stake in Banque Pharaon & Chiha for close to $90 million, pending final approval from the Central Bank....
BEIRUT: Central Bank Governor Riad Salameh voiced his full support Tuesday for bank consolidation in Lebanon, provided that there were no mergers or...
BEIRUT: Lebanon’s energy minister hopes that new oil companies will submit bids for offshore gas licenses if the firms which prequalified in 2013 decide...
BEIRUT: BLOM Bank, one of the largest banks in Lebanon, plans to strengthen its presence in some of the regional markets as part of efforts to diversify its...
BEIRUT: The first airborne oil and gas surveillance operation over parts of Lebanon began Friday in another bid by the authorities to assess the quantities of...
BEIRUT: The Association of Banks in Lebanon rose to the defense of the banking sector Thursday in the face of a “virulent campaign” from some news media and...
BEIRUT: The long-awaited salary hike for government employees and public school teachers is expected to be passed by Parliament after the Amal Movement agreed...
BEIRUT: The National Social Security Fund Wednesday threatened to revoke the contracts with hospitals if they refuse to abide by the rates of medical supplies...
BEIRUT: Lebanon’s only cargo airline is facing an uncertain future, after the company incurred $230 million losses, prompting the management to press...
BEIRUT: A Danish company has suspended all work on two electricity projects in Lebanon after the Finance Ministry withheld payments under the pretext that the...
BEIRUT: Bank Audi, the largest Lebanese bank in terms of deposits and assets, is convinced that their expansion into Syria and Egypt will pay off once peace...
BEIRUT: The Central Bank will again come to the rescue of Parliament if lawmakers do not approve the issuance of new sovereign Eurobonds, bankers and...
BEIRUT: The occupation of Electricite du Liban’s (EDL) headquarters is expected to have a dire effect on the revenues of the company next month, a...
BEIRUT: Some bankers have said that European states are expected to follow the example of the United States and ask their citizens abroad to disclose their...
BEIRUT: The Finance Ministry said Wednesday that the treasury has money to pay the salaries of civil servants for only two months, and any additional funds...