BEIRUT: With the blessing of the Banque du Liban, Lebanese commercial banks hiked interest rates on dollar and Lebanese pound deposits to attract funds from...
BEIRUT: Joseph Torbey retained his position as president of the Association of Banks in Lebanon for another two years after his list grabbed 11 of the 12...
BEIRUT: The two rival lists contesting elections at the Association of Banks in Lebanon have intensified contacts in a last ditch effort to secure enough...
BEIRUT: Keeping his pledge to run for president of the Association of Banks in Lebanon, Salim Sfeir Monday unveiled the list representing eight small- and...
BEIRUT: Last-minute efforts to avoid elections at the Association of Banks in Lebanon failed Friday after the main contenders insisted on running for...
BEIRUT: Bank of Beirut president Salim Sfeir is set to break a 23-year-old tradition next week at the Association of Banks in Lebanon when he announces his...
BEIRUT: Will the Association of Banks in Lebanon witness its first elections for a new president after 20 years of conciliatory agreement on the candidate, or...
BEIRUT: The first ever $1 billion structured investment vehicle to channel investments in Lebanon’s energy and infrastructure projects is expected to be...
BEIRUT: Lebanon will likely miss the opportunity of launching the long-anticipated gas exploration tender this year if politicians fail to agree on an...
BEIRUT: A proposal to expand sanctions on Hezbollah and some of its associates maybe drastically watered down before it is introduced in the U.S. Congress, a...
BEIRUT: Most bankers and economists hailed the renewal of Central Bank Governor Riad Salameh’s term but stressed the step is not enough if not matched...
BEIRUT: Lebanon’s Central Bank assured the public Monday that all regular online operations are running smoothly after the IT department foiled an email...
BEIRUT: Theoretically, Lebanon is on track to award the first contracts to explore for gas off the coast in 2018 after overcoming all the political, technical...
BEIRUT: A high-ranking Lebanese political and banking delegation is set to travel to Washington in May in a bid to dissuade U.S. authorities from expanding...
BEIRUT: Lebanon was put on the spotlight again as the U.S. Congress planned to review additional and tougher sanctions against Hezbollah and all its...
BEIRUT: Lebanon is seeking $10-$12 billion in infrastructure investment from the international community over the next seven years to cope with the huge...
BEIRUT: Will Lebanon enjoy 21 hours of electricity a day this summer if the energy plan passes smoothly or will this sector continue to crumble? This is...
BEIRUT: The debate has intensified in the past few weeks over whether Riad Salameh should remain at the helm of the prestigious Central Bank for another six...
BEIRUT: Many merchants rushed to change the price labels of certain commodities upward even before the implementation of proposed taxes by the government....
BEIRUT: The government should focus on collecting around $4.2 billion of unpaid taxes, electricity bills and real estate registration fees instead of imposing...
BEIRUT: Taxes proposed by the Finance Ministry are coming under mounting criticism from economists, bankers and businesses who are warning that these measures...
BEIRUT: Foreign oil companies who win offshore tenders will not be obliged to drill in the disputed zone along the Lebanese-Israeli maritime border, an...
BEIRUT: Less than 1 percent of depositors control 50 percent of all customer deposits in Lebanese banks, the IMF said this week. “For the domestic...
BEIRUT: The 2017 draft budget – which calls for new taxes – is not likely to pass in the Cabinet unless there is a clear political consensus on...
BEIRUT: International ratings agency Moody’s sees growing exposure to sovereign debt in Lebanon following the Central Bank’s recent swap operation...