Mohammed Hout, chairman of MEA, warned yesterday that privatisation of the national carrier was possible in the next two years if the company failed to break...
Bahrain is giving clear signals that it intends to expand trade links with Lebanon and establish joint ventures. This was the view of many Bahrani...
Mohammed Imadi, Syria’s minister of economy and trade, issued a sharp warning to private sector businesses in both Lebanon and Syria that they should think...
Maher Saccal is one of the many Lebanese industrialists anxious to sell their products to Syria. “The Lebanese market is getting too small for us” said...
Tripoli oil refinery could be brought back into service as a result of a surprise agreement between the Iranians and the French. The question of the refinery,...
Kuwait is studying the possibility of importing more Lebanese farm and dairy products to sell them in government cooperative societies. Talaq Sagr Al Hiem,...
Commercial banks’ total assets and deposits in June rose by $33.219bn and $28.086bn respectively (1.1 and 1.4 per cent) in comparison to last May,...
Lebanese commercial banks are not keen to add some of the Islamic banking principles to their list of services and portfolios, according to Kamal Nasser...
The draft law to streamline the fragmented insurance sector is expected to compel more than 70 per cent of insurance companies to sell their portfolios to...
Osama Damej, a former army officer, has been confirmed as the man who will run Beirut’s international airport. Appointed as general manager of Middle East...
On the eve signing an alliance with Air France, Mohammed Hout, chairman of MEA, is under criticism from influential political figures who think the financial...
A fall in Lebanon’s economic growth from three per cent in the first half of 1997 to two per cent over the same period of 1998, was the central finding of...
The campaign to convince people to take out bank mortgages or housing loans is being fought out in the pages of newspapers, where advertising...
When Yassin Jaber rides up to his tenth floor office in Hamra he passes through a ministry building that is rather like a layered cake. Some floors are bright...
The government is to order a drastic reduction in the import of seed potatoes in an attempt to control the potato supply and strengthen prices on behalf of...
A government decree to turn 2m metre2 of land near Tripoli into a massive real estate development project will make life in the area a “living hell”,...
The decision of Middle East Airlines to buy ten new planes has raised the question of how the airline will raise the money to finance the purchases. The...
Lebanon’s postal service is to be privatised. The cabinet has chosen the Canadian company Profac to run the post for 12 years, renewable for another three...
Middle East Airlines will be looking for finance from Beirut banks for ten new planes, but they may have to convince a sceptical market that they are a...
Hyper inflation, high unemployment and tumbling depreciation of the Lebanese pound were bleak images of Lebanon between 1990 and 1992. The Lebanese economy...