BEIRUT: Lebanon has seen a rise in the reported cases on suspicious money laundering and terrorism financing in 2015, demonstrating the vigilance of the...
BEIRUT: MP Yassin Jaber assured that the Americans are not targeting any sect in Lebanon in the drive to crack down on Hezbollah’s finances, noting that...
BEIRUT: Central Bank Governor Riad Salameh and Lebanese bankers dismissed claims that Gulf nationals are withdrawing their deposits from Lebanon in a sign of...
BEIRUT: Lebanon’s remittances and capital inflow could fall dramatically if some of the oil-rich Gulf states decide to expel a big number of Lebanese...
BEIRUT: International correspondent banks and depositors will be the first to rejoice following an announcement by a financial watchdog that Lebanon is no...
BEIRUT: The unpopular proposal to raise taxes on gasoline by LL5,000 to reduce the budget deficit has again illustrated the dilemma of the political class...
BEIRUT: Bank Audi’s bold move to diversify income and expand regionally is paying off despite the turmoil in the Middle East and political standoff in...
BEIRUT: The U.S. decision to gradually lift the sanctions on Iran should in theory induce many countries to explore business prospects in this country, which...
BEIRUT: The sharp decline in the price of oil failed to afford struggling Lebanese consumers any kind of reprieve from excessive costs as the country’s...
BEIRUT: Lebanon has no choice but to fully abide by the U.S. financial measures against Hezbollah but the regulators must make sure than this law will not...
BEIRUT: Cedrus Bank is considering local expansion and a major acquisition of a lender to increase its balance sheet and become a major player in the market,...
BEIRUT: Questions are being raised about whether the recent U.S. measures against the finances of Hezbollah will also apply to the party’s ministers and...
BEIRUT: Lebanon is expected to further feel the impact of the growing budget deficits and austerity measures in oil-rich Arab Gulf states in 2016, bankers and...
BEIRUT: The recent U.S. measures against Hezbollah will not dramatically affect its financial capabilities since most of the transactions are not conducted...
BEIRUT: Lebanese and foreign banks in Cyprus have seen a quick exit of customer deposits after the Cypriot central bank lifted the ceiling of withdrawal of...
BEIRUT: All eyes are zeroing in on Cyprus after a major British oil company announced Monday it had agreed to buy a stake in one of the island’s...
BEIRUT: Tax incentive, European passports, permanent residence and a good return in profits are among the incentives offered by Cyprus to lure Lebanese and...
NICOSIA: Lebanon will miss a golden opportunity to become a major gas producer, as Cyprus, Turkey and Israel prepare plans to drill for natural gas and export...
BEIRUT: Lebanon will come under severe financial and banking international pressure and consequences if the Parliament fails to pass four crucial bills on...
BEIRUT: Lack of reforms, political instability and slow economic growth is leaving the embattled government with very few options to finance its current...
BEIRUT: It has become a regular practice for leading Lebanese banks in recent years to eye other markets in the region to diversify their income and establish...
BEIRUT: The Shura Council on Tuesday ordered the Prime Minister’s Tender Office to allow Cairo based Orascom to bid for the operation of one of...
BEIRUT: Cairo-based Orascom, which operates one of Lebanon’s cellular networks, has filed a complaint to the Shura Council to protest the decision to...
BEIRUT: Finance Minister Ali Hassan Khalil on Wednesday sent a letter to the Cabinet requesting that Beirut Stock Exchange be turned into a holding company to...
BEIRUT: The Cabinet Thursday authorized the Finance Ministry to swap $1.3 billion eurobonds that mature in January 2016 and agreed to transfer cash from the...