BEIRUT: The extension by Cabinet Wednesday of Middle East Airlines’ exclusive rights may have reassured the firm’s staff that they would face no...
BEIRUT: Lebanon may be facing daunting political and security challenges, but not all investors have thrown in the towel yet on multimillion-dollar projects...
BEIRUT: Explorers will very likely find substantial quantities of natural gas and possibly oil off the Lebanese coast, according to a top executive at a...
BEIRUT: Lebanese bankers say the need to increase provisions amid the crisis in neighboring Syria has dragged down profits, but most insist that...
BEIRUT: The government of Prime Minister Najib Mikati is once again facing a new dilemma: How to secure funds for the salary hike for public sector employees...
BEIRUT: SGBL, one of the leading banks in Lebanon, recorded a net profit of $59 million in the first six months of 2012, registering an increase of 29 percent...
BEIRUT: Byblos Bank chairman François Bassil expects the combined net profits of the Lebanese banking sector to plunge by 5-10 percent at the end of...
BEIRUT: Prime Minister Najib Mikati may have managed to produce a hastily made budget but this bill has failed to receive the desired support from economists...
BEIRUT: The government has paid Lebanon’s 2012 share toward the funding of the U.N.-backed Special Tribunal for Lebanon, Prime Minister Najib Mikati...
BEIRUT: The Cabinet is edging closer to endorsing an amended 2012 draft budget after a constructive debate among the ministers Tuesday, Economy and Trade...
BEIRUT: The U.S. Treasury and American financial authorities did not produce any evidence that the Lebanese banking sector is involved with money laundering...
BEIRUT: The Cabinet’s decision Thursday to allocate LL10.394 trillion ($6.8 billion) to cover the expenses of all ministries for the rest of this year...
HAMBURG, Germany: Lebanon’s only national carrier has taken the bold move of beefing up its fleet with a brand new Airbus aircraft at a time when the...
BEIRUT: The heightened tension which spilled over to the capital Sunday has prompted some concerned citizens to convert their Lebanese pound accounts to U.S....
BEIRUT: The government of embattled Prime Minister Najib Mikati finds itself in the unenviable position of having to decide whether to break the law or...
BEIRUT: Finance Minister Mohammad Safadi Thursday said a deal with a Turkish company set to supply Lebanon with electricity generating boats this summer hangs...
BEIRUT: A source in the Finance Ministry confirmed to The Daily Star Wednesday that the Central Bank intends to convert $3 billion worth of Eurobonds and...
BEIRUT: The Lebanese government successfully closed a $950 million Eurobond issue this week as Lebanese and foreign investors showed increasing appetite for...
BEIRUT: Labor Minister Salim Jreissati said Tuesday that a settlement between hospitals and the National Social Security Fund over the row on medical...
BEIRUT: Hopes for more electricity supply during the sweltering summer season may soon be dashed as debate over the leasing of electricity generating ships...
BEIRUT: It is hard to find any expert or economist who will confidently say that Lebanon has escaped the raging political and security turmoil in neighboring...
BEIRUT: The political and security turmoil engulfing many countries in the region has not discouraged investors from channeling their money into vital...
BEIRUT: Bank of Beirut – one of the leading banks in Lebanon – asked Moody’s to drop its rating, because like many banks it believes there...
BEIRUT: The suspension of Cabinet meetings has further complicated Finance Minister Mohammad Safadi’s beleaguered effort to pass his 2012 draft budget...
BEIRUT: Energy experts and officials are still at loggerheads over the best way to end the long-running electricity crisis with some favoring full or partial...