BEIRUT: The debate has intensified in the past few weeks over whether Riad Salameh should remain at the helm of the prestigious Central Bank for another six...
BEIRUT: Many merchants rushed to change the price labels of certain commodities upward even before the implementation of proposed taxes by the government....
BEIRUT: The government should focus on collecting around $4.2 billion of unpaid taxes, electricity bills and real estate registration fees instead of imposing...
BEIRUT: Taxes proposed by the Finance Ministry are coming under mounting criticism from economists, bankers and businesses who are warning that these measures...
BEIRUT: Foreign oil companies who win offshore tenders will not be obliged to drill in the disputed zone along the Lebanese-Israeli maritime border, an...
BEIRUT: Less than 1 percent of depositors control 50 percent of all customer deposits in Lebanese banks, the IMF said this week. “For the domestic...
BEIRUT: The 2017 draft budget – which calls for new taxes – is not likely to pass in the Cabinet unless there is a clear political consensus on...
BEIRUT: International ratings agency Moody’s sees growing exposure to sovereign debt in Lebanon following the Central Bank’s recent swap operation...
BEIRUT: An international oil expert says the market conditions and stability of prices could determine the fate of Lebanon’s offshore gas licensing round this...
BEIRUT: Six or seven years from now the Lebanese may able to watch from their vantage point giant platforms extracting gas from the bottom of the sea,...
BEIRUT: Lebanese banks are poised to increase interest rates on dollar deposits gradually after the U.S. Federal Reserve said it is contemplating raising...
BEIRUT: The shares of real estate company Solidere fell in the past two days after a spate of profit taking by speculators who made reasonable return on their...
BEIRUT: Newly elected President Michel Aoun will be under close scrutiny after pledging in his inaugural speech before Parliament Monday to kick-start the...
BEIRUT: Bankers brushed off rumors that Lebanon will face dollar liquidity crunch if MP Michel Aoun is elected as president, noting that a new head of state...
BEIRUT: Solidere shares continued to climb for a third day in a row as investors remained upbeat about the prospects of electing a president in foreseeable...
BEIRUT: The significant rise in Solidere shares Tuesday was the first sign that the election of MP Michel Aoun as president and naming of MP Saad Hariri as...
BEIRUT: A leading Lebanese bank became the talk of the town after offering huge and unprecedented returns on any deposit or investment which is not less than...
BEIRUT: The Investment Development Authority of Lebanon has processed over $120 million in projects this year and another $100 million is still under...
BEIRUT: Bank of Beirut is seeking to raise the percentage of revenues from its operations abroad to up to 50 percent in the medium term, bank chairman Salim...
BEIRUT: Banks are reporting a huge excess in cash in Lebanese pounds resulting from a swap operation engineered by the Central Bank earlier this year....
BEIRUT: Lebanon’s finance minister proposed a series of new taxes to finance the salary increases for civil servants and public school teachers,...
BEIRUT: Lebanon is at serious risk of being blacklisted upon the recommendation of OECD if the automatic tax information exchange bill is not passed soon by...
BEIRUT: Lebanon’s gas potential off the coast is on par with the discovery of the commodity in Cyprus, Egypt and Israel, a source close to the Petroleum...
BEIRUT: A shareholding company in the defunct Lebanese-Canadian Bank is suing Deloitte & Touche’s Middle East operation and its managing partner...
BEIRUT: The Lebanese are destined to endure constant power outages and erratic electricity supplies despite the endless promises of successive energy...