BEIRUT: Finance Minister Ali Hasan Khalil said Wednesday that Lebanon intended to issue $2 billion in Eurobonds, but with interest rates lower than the...
BEIRUT: Demand for cash dollars is "nothing unusual" and banks are satisfying client requests to exchange Lebanese pounds for the U.S. currency,...
BEIRUT: The Lebanese government is expected to pay the highest yield in its history on the forthcoming Eurobonds issue, bankers and analysts said Monday....
BEIRUT: Standards & Poor’s Global Ratings warned Wednesday that Lebanon’s Central Bank had enough foreign currency reserves to last for one...
BEIRUT: Jammal Trust Bank, which has been accused by the U.S. Treasury of financial transactions with Hezbollah, will eventually be forced to sell its clean...
BEIRUT: The Central Bank is expected to receive around $1 billion in the form of either a deposits or subscription to Lebanese sovereign Eurobonds soon,...
BEIRUT: The downgrade of Lebanon’s sovereign dollar-denominated bonds could negatively affect the prices of these bonds in the international markets but...
BEIRUT: Lebanon vowed Friday to cut the budget deficit, implement reforms and speed up the release of the 2020 draft budget after rating agencies Standard...
BEIRUT: The name Freddie Baz has been associated with Bank Audi for almost 28 years. Baz, who was vice president and board member of Bank Audi as well a key...
BEIRUT: The chances of a devaluation of the Lebanese pound are very remote in the short and medium term despite the negative economic indicators and the...
BEIRUT: Lebanese banks are bracing themselves for any possible downgrade by rating agencies this month as the country’s main political blocs fail to...
BEIRUT: A senior U.S. official Tuesday urged the Lebanese government to freeze the accounts and assets of three high-ranking officials who have been...
BEIRUT: Lebanon could eventually be compelled to swallow conditional IMF financial aid if the government fails to cut the budget deficit and improve the...
BEIRUT: The Central Bank has given a new incentive for Lebanese commercial banks to lure fresh funds after a negative deposit growth in the first four months...
BEIRUT: The Lebanese government is likely to carefully assess a new IMF report and recommendations, but it seems improbable that the Cabinet will endorse the...
BEIRUT: The newly elected president of the Association of Banks in Lebanon Salim Sfeir said over the weekend that he would ask the government to coordinate...
BEIRUT: Economists brushed off Moody’s warning that Lebanon may risk debt rescheduling in the future due to slowing capital inflows and weaker deposit...
BEIRUT: Lebanon’s GDP growth has fallen to zero percent so far this year, but the prospects of an improved economic performance for the end of 2019 is...
BEIRUT: Middle East Airlines became one of the few airlines to order four new Airbus A321XLRs to join its fleet in 2020-22, chairman Mohamad al-Hout said...
BEIRUT: Lebanese commercial banks are bracing for another drop in their profits once the 10 percent tax on interest income takes effect. Bankers say they have...
BEIRUT: The government’s ultimate goal is to cut the deficit to 4 percent of GDP in the coming three to four years, the premier’s top economic...
BEIRUT: Lebanon’s only legal gambling center is setting the stage to launch the country’s first online gambling and sports betting in six months,...
BEIRUT: The Lebanese government’s plan to cut the budget deficit to 7.5 percent of GDP from more than 11 percent in 2018 is supposed to send a strong message...
BEIRUT: The government has no choice but to implement painful fiscal reforms that involve cutting the salaries and benefits of civil servants and government...
BEIRUT: The Energy Ministry is expected this week to extend the May 20 deadline for reviewing and selecting a consortium to build liquefied natural gas...