Lebanese bankers and businessmen are learning a trick or two from an oil-rich state that can attract investors from all corners of the world. The UAE, one of...
Real estate developers are beginning to feel becalmed in what they view as a stagnant market. Statistics released for 1997 show that property transactions in...
Roy Badaro, one of 54 candidates for the presidency of Beirut merchants association, opened his election campaign yesterday with a warning that Lebanese...
Arab commercial banks are being advised to raise their level of performance so they can compete with foreign banks. This was the message emerging this week...
A 50-strong Malaysian trade delegation headed by Rafidah Aziz, minister of international trade and industry, proved to a Lebanese business group yesterday...
Yassin Jaber, minister of economy and trade, has again distanced himself from the government’s economic policies. He told a large audience at the Lebanese...
Uniceramic, Lebanon’s largest manufacturer and distributor of ceramic floors and tiles, is planning to inject $2m of new capital into the company to...
The recession in the Asian markets and the tight budget policies of oil-producing Arab Gulf states have prompted British companies to shift their attention to...
A rise in the number of post-dated cheques that bounce has prompted the central bank to warn banks and businesses not to accept them as payment. Fahim...
Nadim Salem, minister of industry, yesterday said that the Arab states need to increase their investment in food production, which is currently lagging...
An advisor to the International Monetary Fund said the government should not have withdrawn its proposed turnover tax. “The present taxes in Lebanon are not...
Ciment de Sibline, the third largest cement producer in Lebanon, will list its 30.2m shares on the Beirut stock exchange next year to attract more Lebanese...
The return of Spinneys to Lebanon marks a new round in the battle of the supermarkets. The company, which had a big store in Beirut before the war, will open...
Trading on the Beirut stock exchange received a dramatic boost yesterday with the listing of Byblos bank shares which were in heavy demand from enthusiastic...
Lebanese and Arab banks should recognise the fact that sooner or later, they will find themselves competing in their own domestic markets with giant...
Bou Khalil Markets announced yesterday that it has officially placed 2.5m shares for public subscription at $2.05 per share. The B shares, which are valued...
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...