Lebanese franchises are increasingly looking to grow their brands beyond Lebanon and the region.
The sales of newly registered cars in Lebanon in the first three months of 2018 fell by 5.8 percent compared to the same period of 2017, according data compiled by the Association of Car Importers.
Lebanon’s fiscal deficit at the end of 2017 fell 22.45 percent to $3.8 billion compared to 2016 thanks to a tax applied on the proceeds from Banque du Liban’s financial engineering.
Moody’s ratings agency said the international aid package to Lebanon agreed at the recent CEDRE conference in Paris will reflect positively on Lebanon because it supports the resumption of public investment and induces officials to implement fiscal reforms as a condition for disbursements.
A World Bank report has projected economic growth in the Middle East and North Africa will reach 3.1 percent in 2018 compared to 2 percent in 2017.
Consumer confidence in the second half of 2017 improved slightly, according to the Byblos Bank/AUB Consumer Confidence Index.
An international investment bank hailed Lebanon’s Parliament approval of 2018 budget, stressing it would send a positive message to investors.
Head of the Association of Banks in Lebanon Joseph Torbey said Wednesday that banks are fully complying with all procedures and laws as part of efforts to...
Fuel smuggling is costing Libya more than $750 million each year and harming its economy and society, the head of the National Oil Company in the...
Foreign direct investments from Chinese companies in Abu Dhabi’s industrial free zone has touched $1 billion in less than a year and is expected to rise when...
Chinese smartphone maker ZTE Corp’s U.S. woes deepened Tuesday, as regulators proposed new rules that could cut into its sales, while a supply ban means it...
When spirits dealer Daniel Taytslin brought his first pallet of American Ragtime Rye whiskey into Shanghai in early April, the 672 bottles faced a 5 percent...
Lebanon’s private sector activity continued to shrink in the month of March despite big efforts by local businesses to cut their costs, according to BLOM...
President Michel Aoun said Thursday that the grave economic situation, presence of Syrian refugees and the reluctance of Lebanese to take low-paid jobs has...
Central Bank Governor Riad Salameh Wednesday brushed off calls for a managed devaluation of the Lebanese currency, warning that such a step would be...
Lebanon’s economy is expected to improve even before offshore gas and oil exploration at the beginning of 2019, Energy and Water Minister Cesar Abi Khalil...
The governor of Lebanon’s Central Bank, Riad Salameh, Wednesday played down comments made recently suggesting that Lebanon was on the verge of bankruptcy.
Lebanon’s Parliament is expected Wednesday to discuss the 2018 draft budget, which includes minor reforms and small cuts in government spending.
Lebanon’s 15 largest banks in terms of assets and deposits saw their net profits rise by 6 percent to $2.4 billion in 2017, according to Bankdata Financial...
A Lebanese startup that helps diabetics closely monitor their daily food and medicine intake has been selected for a $50,000 equity investment and will soon...
A London-based research group said that Lebanon will probably see a modest economic benefit from the Syrian regime’s gradual control of more territories in...
Beirut city governor Judge Ziad Chebib and a Lebanese economic, academic and political delegation returned to Beirut over the weekend after a two-day visit to...
The Bootcamp program by the Beirut-based accelerator Alt City has seen a five-fold return on investments of $2 million since its program began three years ago.
Lebanon’s Central Bank has no intention to raise interest rates this year despite the U.S. Federal Reserve’s decision to hike its benchmark rate by 25 basis...
Prime Minister Saad Hariri has emphasized that one of the top priorities of the Lebanese government at this stage is to buttress the productive sector as a...
A new LL100,000 banknote with a new design will enter circulation from April 10, Lebanon’s central bank said Wednesday.
Contests, master classes and tastings are all on the menu this week for one of Lebanon’s most important sectors: food and hospitality.
Lebanon’s Finance and Budget Parliamentary Committee intensified its meetings to finalize the 2018 draft budget before sending the bill to the House of...
Prime Minister Saad Hariri said Tuesday that Lebanon would seek to raise $6 billion worth of funds at the upcoming CEDRE conference to cover its...
Central Bank Governor Riad Salameh Tuesday spoke of the importance of Cabinet’s endorsement of the 2018 budget, saying the move would boost confidence in...
Prime Minister Saad Hariri said Tuesday that Lebanon’s goal going into the upcoming CEDRE conference would be to secure $6 billion to finance various projects...
A Dubai-based company said Monday that the number of Lebanese investors who obtained a second citizenship surged by 27 percent in 2017 compared to 2016.
The president of the Association of Banks in Lebanon Joseph Torbey voiced support Monday for the amended 2018 budget which carried symbolic reforms that would...