Business at Beirut International Airport is taking off. Dutch carrier KLM is to introduce daily flights to and from Lebanon from Dec. 7. Ethiopian Airlines...
Lebanon could generate an additional $600 million in revenues if progressive taxation on incomes and profits were applied. “This would allow the state to...
Shopping in Lebanon will take on a European dimension when Beirut Terraces opens at the end of this year in the Jnah area. Hard on the heels of the opening...
Nestlé, one of the the world’s largest food companies, is looking into investing further in Lebanon. “We’re considering new investments in mineral and food...
Foreign visitors to the February shopping festival may be issued with smart cards which will record their purchases and calculate the amount of tax or duty to...
Dubai Ports Authority and its Lebanese partner Port Development Group have won a five- year contract to manage and operate the container terminal at Beirut...
A fall-off in private investments in Lebanon is being blamed for a slowdown in the nation’s economic growth. GDP growth, which was 4 percent in 1997, is...
Arak-makers are off to Baghdad this week in the hope of opening up Iraq to Lebanon’s distinctive drink. Twenty years ago Iraq imported thousands of cases a...
The official dollar exchange rate is expected to fall below LL1,500 in the near future after the central bank hinted that it would ease its intervention in...
Women in business made their presence felt yesterday when more than 70 executives held a seminar in Tripoli. The event had the dual purpose of bringing...
The government’s budget deficit rose to 46 per cent of spending in September, compared with 39 per cent in August. Fouad Siniora, minister of state for...
Mohammed Daras stood proudly next to the only car at the seventh Islamic trade fair in Tripoli. The Nasim is a small four-door car that was produced in Iran...
Lebanese businesses yesterday negotiated patiently with officials from the Islamic Development Bank in an attempt to win approval for project finances. ...
Tripoli was a mixed bag yesterday as it hosted the 7th Islamic Trade Fair, the biggest event ever in the capital of the north. Stretching over an area of...
The seventh Islamic Trade Fair opens in Tripoli today, the biggest event of its kind ever held in Lebanon, boasting a 20,000-metre2 exhibition hall and a...
Privatization is the buzz word now that Salim Hoss has pledged to do whatever possible to reduce the public debt. George Corm, minister of finance, has added...
Banque Audi threw down a challenge to its competitors yesterday, declaring its goal to create the largest bank network in Lebanon in the coming year. On the...
There were three of us sharing a cab to Damascus. I was on my way to cover a conference, another passenger was going back home, while Mary Sabbagh wanted to...
Under the chandeliers of a mock 18th century palace in Damascus, more than 350 Lebanese and Syrian industrialists discussed at the weekend ways to overcome...
Gabriel Sehnaoui, chairman of the Beirut stock exchange committee, yesterday blamed the dollar interest rates offered by Lebanese banks for drawing ...
The spread of “inferior” computers, cheap and locally assembled, is causing concern to many leading international PC companies in Lebanon. This view was...
Lebanon’s industries may have to close down unless the government lifts tariffs on raw materials, reduces electricity charges and allows easier credit...
Next year’s February shopping festival is “doomed to failure” unless traders and hotel owners are scrupulous about offering genuine 50 per cent reductions. ...
McDonald’s opens its first Lebanese restaurant in Beirut today, complete with a drive-in facility and as much security as you might expect around the Grand...
The first Kuwaiti exhibition in Lebanon opened yesterday at the Forum de Beyrouth with appeals to the Lebanese government to reduce custom duties to...