BEIRUT: The government’s awarding of gas exploration license to a consortium of companies could put Lebanon on the map of oil producing countries provided...
BEIRUT: To beef up their national currency funds, a number of Lebanese banks are offering up to 11 percent interest on Lebanese pound deposits, sources said...
BEIRUT: A group of Lebanese and Arab investors are about to close a deal to buy Prince Alwaleed bin Talal’s stake in Beirut’s Four Seasons Hotel...
BEIRUT: The conversion from Lebanese pound to U.S. dollar bank accounts was relatively limited Monday as most citizens tried to come to terms with the sudden...
BEIRUT: Lebanese bankers urged the U.S. Treasury and American officials to stick to the current sanctions against Hezbollah instead of adopting new...
BEIRUT: Economists cautiously welcomed the ratification of the 2017 budget by the Parliament, the first bill to be approved by the House since 2005. The...
BEIRUT: The Kuwait-based company TSC seems to be closing the curtain on its investments in Lebanon as employees of the supermarket chain plan a demonstration...
BEIRUT: A consortium of three international companies made a bid to explore gas in maritime blocks four and nine which could usher in a new era for Lebanon if...
BEIRUT: Energy and Water Minister Cesar Abi Khalil said Thursday that Lebanon had received two bids to operate the offshore gas blocks but declined to...
BEIRUT: Once again the ability of the Lebanese economy and banking sector to sidestep the ramifications of the expected U.S. sanctions against Hezbollah will...
BEIRUT: With less than two days until the closure of gas licensing bidding, international oil companies have not yet submitted offers to operate...
BEIRUT: The political tension between Baghdad and Irbil over the latter’s attempt to strive for an independent state has not discouraged the largest Lebanese...
BEIRUT: A new World Bank report released Wednesday showed shockingly high rates of poverty and unemployment in north Lebanon, indicating the hefty investment...
BEIRUT: The Constitutional Council decision to rescind the tax hike law has put the government in an unenviable position and may force it to weigh more...
BEIRUT: Parliament’s approval of the oil tax law with few amendments will encourage international oil firms to bid for offshore gas blocks on Oct. 12, a...
BEIRUT: Investments in major real estate projects did not wither away this financial year, despite the economic slowdown, drop in remittances and ongoing...
BEIRUT: The elements that keep the Lebanese pound stable are stronger than ever despite attempts to undermine the Central Bank’s monetary policy,...
BEIRUT: The newly appointed Casino du Liban chairman Roland Khoury has many ambitious plans to revitalize this important facility and one of these goals is...
BEIRUT: Head of IDAL Nabil Itani said Tuesday that Lebanon was the only country in the region which recorded a positive growth in foreign direct investments...
BEIRUT: Industry Minister Hussein Hajj Hasan and Agriculture Minister Ghazi Zeaiter held talks with Syrian officials in Damascus Wednesday to boost trade...
BEIRUT: Lebanon’s private sector made a last-ditch effort Monday to repeal the tax measures designed to finance the salary scale for civil servants,...
BEIRUT: Syria has started supplying Lebanon with 300 MW of electricity over high-voltage power lines that have remained intact despite a raging war, an...
BEIRUT: Lebanese commercial banks deposited around $2.5 billion in both dollar and Lebanese pound currency in Banque Du Liban for 10 years with an average...
BEIRUT: The Association of Banks in Lebanon and other private sector leaders are weighing the few options open to them as recently approved new tax measures,...
BEIRUT: The newly endorsed taxes will probably affect Lebanese banks’ consolidated profits in the coming years but will not dissuade lenders from...