BEIRUT: The Petroleum Administration has made some changes to the two key decrees awaiting Cabinet approval before the first round of licensing for oil and...
BEIRUT: Cedrus Invest Bank is expected to formally acquire the retail operations of Standard Chartered Bank operations in Lebanon, having finalized details...
BEIRUT: Public Works and Transport Minister Ghazi Zeaiter expressed surprise Wednesday at the European Union’s warning that it would ban Lebanese...
BEIRUT: Parliament looks set to shelve the debate over the public sector salary scale for the coming weeks, as lawmakers will not be able to pass the...
BEIRUT: Fransabank has reached a preliminary agreement to acquire Amman-based Ahli International Bank operations in Lebanon for over $100 million, a banking...
BEIRUT: Finance Minister Ali Hasan Khalil pledged Tuesday to secure funds for the controversial salary scale without burdening low-income families with new...
BEIRUT: As politicians call for a renewed effort to end alleged corruption in the Customs Department, a source at the Finance Ministry said that the...
BEIRUT: The proposal to fund a public sector wage hike by increasing taxes on the interest earned on bank deposits will cost depositors LL280 billion ($186...
BEIRUT: International energy companies will be able to start drilling for gas off the Lebanese coast at the end of 2015 if the August auction date is met, a...
BEIRUT: International oil companies want the April 10 offshore gas and oil auction to be pushed back at least three months to allow them more time prepare...
BEIRUT: A senior U.S. official advised Lebanon not to drill in disputed waters off its coast until a deal on maritime boundaries is reached, adding that...
BEIRUT: Telecommunications Minister Boutros Harb hopes to make state-owned cellphone networks more efficient by revising the contracts that outsource their...
BEIRUT: A prominent Lebanese banker warned Thursday of grave consequences if the international agencies lower their ratings of Lebanese government securities,...
BEIRUT: Finance Minister Ali Hasan Khalil is contemplating different types of taxes to finance the revised salary scale, a source at the ministry said...
BEIRUT: Cedrus Invest Bank seems close to acquiring Standard Chartered Bank in Lebanon although both sides are still negotiating the fate of the employees and...
BEIRUT: The April 10 deadline for Lebanon’s offshore gas auction is too soon for bidding oil companies, as experience has shown that firms need two to...
BEIRUT: An improvement in the public finances would encourage rating agencies to reconsider their sovereign outlook on Lebanon and efforts should be more...
BEIRUT: A high-profile delegation visiting Cyprus is seeking to strengthen Lebanese banks’ operations and business involvement in the island country as...
BEIRUT: Two foreign-owned banks seeking to exit the Lebanese market are still negotiating a fair price for their retail businesses as well as guarantees that...
BEIRUT: The new Cabinet must adopt quick and effective reforms immediately after its formation in order to change the negative political atmosphere in the...
BEIRUT: Corruption, high costs and poor infrastructure are prohibiting the growth of the information technology sector in Lebanon, telecom experts said...
BEIRUT: The Basel III requirements and fierce competition are leading to further consolidation in Lebanon’s banking sector, as several foreign-owned...
BEIRUT: Four Lebanese banks are vying to acquire the license and assets of Standard Chartered bank in Lebanon with strong indications that the winner would be...
BEIRUT: Marked by a spate of assassinations, slow economic growth, a higher budget deficit, a dwindling number of tourists and deteriorating security...
BEIRUT: Lebanese bankers said Friday that Lebanon’s sovereign foreign currency downgrade would not have a major impact on the financial sector and financing...