A Lebanese startup that tracks customer shopping behavior through close-circuit television will head to Switzerland to compete for $1 million in investments.
The Constitutional Council decision to rescind the tax hike law has put the government in an unenviable position and may force it to weigh more options to finance the salary scale for civil servants and public school teachers.
Everyone thinks it’s the politicians who screw up Lebanon’s budget process.
Parliament’s approval of the oil tax law with few amendments will encourage international oil firms to bid for offshore gas blocks on Oct. 12, a source close to the Petroleum Administration said Tuesday.
International rating agency Moody’s has changed its outlook on Lebanon’s banking system to stable from negative, reflecting greater political stability and an...
Banque du Liban has recently issued a report, dated Sept. 13, 2017, in reply to my paper “Financial Crisis in Lebanon” that was published in August 2017 by La...
Lebanon needs to invest in infrastructure and smart grids to ensure the success of renewable energy projects, a conference was told Monday.
Lebanon’s Energy Minister Cesar Abi Khalil announced Monday the launch of tenders for two solar power plants with a combined capacity of 600 kilowatts.
Iraq is committed to respecting its reduced oil production quota as agreed with the Organization of the Petroleum Exporting Countries and other exporters, Oil...
Abu Dhabi National Oil Co. is considering a plan to sell shares in its shipping unit as part of a broader strategy to attract investment into the emirate that...
U.S. central banker John Williams said Friday he does not expect any market turbulence as the Fed gets underway with reducing the huge balance sheet built...
Time Inc. said Friday it was looking to sell several assets, including Time Inc. U.K., and warned it experienced more-than-anticipated softness in print and...
Lebanon lifted banking secrecy in 42 cases of suspected involvement in money laundering, embezzlement and terrorist funding, according to the Central Bank’s...
How can Lebanon improve its transparency for its potential oil and gas sector? As the country continues to lay the groundwork for possible offshore energy...
The consolidated balance sheets of Lebanese commercial banks through July 2017 reached $208.5 billion, an increase of 2 percent over the same period in 2016.
VAT tax returns registered an increase of 51.39 percent in the first 12 days of September, reflecting a surge in the number of Arab Gulf tourists who...
Lebanon is planning a stimulus package of as much as $1.2 billion next year to boost an economy reeling from the influx of refugees from neighboring war-torn...
Investments in major real estate projects did not wither away this financial year, despite the economic slowdown, drop in remittances and ongoing regional...
2016 was a significant and unusual year for Lebanese banks following the financial engineering by Banque Du Liban, Bank Audi said.
Lebanon and Cypriot company CYTA will work together to increase internet speeds across Lebanon by drastically improving the cabling running from France to...
In view of the damaging publicity and media coverage that has been created by a Policy Paper dated August 2017 entitled Financial Crisis in Lebanon, authored...
Bitcoin is either the next big thing in finance, a fast-growing bubble that will inevitably burst, or a combination of the two – a new concept whose...
Global Finance Magazine Tuesday selected Lebanon Central Bank Gov. Riad Salameh and eight others as among the best-ranked central bank governors in the world,...
What is bitcoin?
Patou Nuytemans will succeed Edmond Moutran as Memac Ogilvy CEO, a statement from the leading advertising company said Tuesday.
The elements that keep the Lebanese pound stable are stronger than ever despite attempts to undermine the Central Bank’s monetary policy, economists said...
Egypt, the world’s biggest wheat buyer, risks facing tender boycotts for a second season after it stopped another vessel from unloading on concern it may...
A walk through central Beirut reveals a great paradox: despite the six years of war in neighbouring Syria that has battered Lebanon’s economy, apartments,...
Energy and Water Minister Cesar Abi Khalil Friday extended the first offshore oil and gas bidding round from Sept. 15 to Oct. 12, 2017.
The newly appointed Casino du Liban chairman Roland Khoury has many ambitious plans to revitalize this important facility and one of these goals is the launch...
With an area of about 35,000 square meters, the casino has around 600 slot machines and 60 gaming tables.
A new survey showed that wholesale activity in the second quarter of 2017 continued to drop due to the decline of the purchasing power of Lebanese households.
Lebanon’s private sector has not yet seen a glimmer of hope as the recent BLOM PMI showed that operating environment for businesses deteriorated in August 2017.