BEIRUT: Many Lebanese banks have started reducing interest rates on deposits after the formation of a government eased fears on the Lebanese currency and a...
BEIRUT: The market is eagerly waiting for the implementation of reforms by the government of Prime Minister Saad Hariri before reducing the interest rates...
BEIRUT: The United States will have a significant problem if Hezbollah exploits the position of the Health Ministry to funnel funds for organizations...
BEIRUT: The chairman of BLOM Bank, one the two largest lenders in Lebanon, expects his bank to record a slightly higher profit in 2018 compared to 2017 but...
BEIRUT: The International Finance Corporation is willing to provide Lebanon with $1 billion in investments and soft loans each year if the government starts...
BEIRUT: The prices of Lebanon’s sovereign Eurobonds readjusted to their normal rates after caretaker Finance Minister Ali Hassan Khalil brushed off a...
BEIRUT: Profits of banks will be drastically affected if some lenders continue to offer higher interest rates in an “irrational” manner, bankers...
BEIRUT: Solidere shares were up slightly Thursday after a surge the day before, in what appeared to be a reaction to expectations that government formation is...
BEIRUT: Tens of thousands of surplus government employees and security personnel need to be laid off or assume other vacancies if the next Cabinet wants to...
BEIRUT: Lebanese officials and economists said that Moody’s negative outlook of Lebanon should prompt all officials to set their differences aside and...
BEIRUT: The Finance Ministry intends to issue new Treasury bills over the next few days at at an interest rate of 10.30 percent instead of 7.50 percent like...
BEIRUT: Commercial banks are resisting the requests of customers to convert their deposits in Lebanese pounds to U.S. dollars by offering them lucrative...
BEIRUT: The Finance Ministry and Central Bank are reviewing ways to finance the country’s needs either through the issuance of new Treasury bills, with...
BEIRUT: The political paralysis in Lebanon triggered some conversion to dollar deposits and a drop in the prices of sovereign Eurobonds in the month of...
BEIRUT: A leading banker says economic slowdown in Lebanon does not necessarily mean the Lebanese pound is at risk of devaluation. “The Central Bank...
ANTALYA, Turkey: MEA Chairman Mohammed Hout said over the weekend that the net profits of the national carrier may slightly drop in 2018 due to the rise in...
BEIRUT: Washington has succeeded in drastically slashing the financial resources of Hezbollah and will continue until the party’s finances run dry,...
The Daily Star talked to Salim Sfeir, the chairman of Bank of Beirut group, on the performance of the bank and his views on Lebanon’s economy and the...
BEIRUT: The priority of the new Lebanese Cabinet is to lower the fiscal deficit by 1 percent relative to GDP at least and this goal can be attained if the...
BEIRUT: Lebanon will hardly feel the impact of the tough U.S. sanctions against Iran and Hezbollah thanks to strict compliance measures adopted by the...
BEIRUT: European tourists have given Lebanon’s hospitality and hotel sector a badly needed shot in the arm this year in the absence of Arab Gulf...
BEIRUT: Is the Lebanese economy about to collapse, and will the national currency start depreciating in the face of impending storms? These questions always...
BEIRUT: The Movenpick Hotel in Beirut’s Raouche has been bought by a group of Lebanese businessmen for close to $110 million from Saudi-based Kingdom...
BEIRUT: News that Lebanon’s Cabinet formation is imminent has reflected positively on the performance of Solidere shares, which jumped by an average of...
BEIRUT: Companies and public institutions risk drastically raising EDL’s deficit by building new power plants and increasing production if subsidies on...