Mohammed Hout is a man with a mission not mission impossible, but certainly mission immense. He has been given just three years to rescue Middle...
Lebanese commercial banks have been to told not to give risky loans to individuals and firms to avoid the experience of banks caught up in the Asian crisis. ...
Lebanese commercial banks are poised to expand their investments to other Middle East countries thanks to their huge assets and wide managerial experience,...
Prime minister Rafik Hariri has admitted that bureaucratic red tape hinders some investment operations in Lebanon and has pledged new incentives to attract...
If we take the words of Fouad Siniora and Riad Salameh, the future of Lebanon, once clouded by a huge public debt, looks increasingly promising. The minister...
Lebanon risks giving a less than flattering account of itself to 20m visitors to the Lisbon Expo which opens later this month. according to Halmi...
A third Gulf state has signalled its support for Lebanon by depositing $100m at the Banque du Liban to back the Lebanese pound and also increase the foreign...
A senior US official said that the Lebanese government should do more to attract the capital investments that are held by wealthy Lebanese communities both...
People who own land, property paintings or objets d’art probably think that one day they may convert their possessions into hard cash. As from today, they may...
Byblos bank made a net profit of $13.5m in the first quarter of this year compared with $6m in the same period of 1997, an increase of more than 100 per...
Traders and merchants voiced strong opposition to the additional two per cent on imported products, warning that the average consumer will bear the brunt of...
Trading on the Beirut stock exchange is expected to exceed $1bn this year. Business is increasing rapidly and between January and the end of March trading...
Two leading bankers yesterday urged the government to tackle the public debt to encourage the commercial banks in the country to expand the financing of...
Banque Audi revealed the details of their imaginative $50m Solidere-linked deposit yesterday but left many people wondering how they had structured their...
Banque Audi is expected to launch a new form of one-year investment linked to the bank’s $50m block of Solidere shares. The announcement will be made during...
Lebanese passengers landing at the new airport may feel proud that at last the chaotic image of the old terminal building has disappeared. Officials hope that...
One of Lebanon’s leading bankers joined in the debate over the direction of the country’s reconstruction yesterday with both praise and a warning for the...
Finance ministers and central bankers from the G7 nations may issue a warning to rating agencies, claiming that their negative ratings triggered Asia’s...
Prince Alwaleed bin Talal, the billionaire Saudi businessman, has decided to go ahead with his plans to build a $120m Four Seasons hotel in the downtown...
It seemed that half of Hamra was in line at the Emirates airline office yesterday. Six clerks were working to process the demand from Lebanese who had decided...
Lebanese banks are being hampered in their efforts to improve their financial ratings by a combination of local factors, a seminar in Beirut was told...
One of Beirut’s leading bankers made an impassioned plea yesterday for Lebanese banks to be given a better assessment of their financial standing. Samir...
Banque du Liban has issued a warning to the country’s 75 operating banks that the millennium computer ‘bug’ could have a serious effect on the monetary system...
Banque Liban-Francais, Byblos bank and Solidere are expected to launch $350m worth of Global Depositary Receipts (GRDs) in the international markets this year...
International markets are giving Lebanon an unprecedented vote of confidence with the success of the country’s biggest single borrowing drive. ...