Prime Minister-designate Saad Hariri is racing against the clock as he intensified consultations to form a Cabinet that is expected to tackle a wide range of issues – perhaps most importantly stimulating the stagnated economy and implementing overdue reforms.
Caretaker Energy Minister Cesar Abi Khalil said Monday that his ministry has signed an agreement with the private sector in Lebanon to buy electricity from the power generated from the wind farms once they are built.
Prime Minister-designate Saad Hariri sought to allay the fears of investors and the international community Thursday by assuring them the new government will seek to revitalize the Lebanese economy.
Central Bank Gov. Riad Salameh underlined the importance of good governance in the banking sector Wednesday and said BDL had established new committees to ensure compliance.
Rumors surrounding the eventual devaluation of the Lebanese pound has kept growing in the past few weeks, despite the repeated assurances by Central Bank...
Electrical power generated from “rooftop” solar photovoltaic systems in Lebanon now exceeds 50 megawatts, said Pierre al-Khoury, general-director of the...
The International Monetary Fund hopes that Lebanon will soon form a new government, following elections two months ago, and set about urgent structural and...
A number of banks are expected to follow the footsteps of a leading lender that is offering clients a 14-16 percent interest rate if they convert their dollar...
Chinese President Xi Jinping arrived in Abu Dhabi Thursday on his first trip to the United Arab Emirates as the leader of China at a time when the two...
One of General Electric Co.’s largest and most valuable customers, Saudi Arabia, is lining up competitors to bid against GE for lucrative power plant work,...
Swiss regulators are stepping up efforts to halt an exodus of cryptocurrency projects from the country, after two of only a handful of banks active in the...
British retail sales surprisingly fell in June as World Cup fever fuelled by England’s strong start in Russia kept fans away from stores, official data showed...
Central Bank Governor Riad Salameh downplayed reports that the country’s financial situation was unsteady and said that the Lebanese pound was stable, in...
Future MPs announced in a news conference Monday a proposed draft law to bring back subsidized housing loans, which they hope will help boost Lebanon’s...
Prime Minister-designate Saad Hariri said Monday he wants Lebanon to be more technologically developed and that the country should depend on its own human...
President Michel Aoun said Friday public discourse about the economic situation in Lebanon needs to change, underscoring the negative consequences of...
Insure and Match Capital celebrated the graduation Friday of its business angel groups – Seeders and the Lebanese Women Angel Fund – the Class of 2017-18.
Lebanon’s Social and Economic Council issued a brief statement Thursday stressing the urgent need for government formation and structural economic reforms.
U.S.-based consultancy firm McKinsey & Company Wednesday presented the Lebanese government with a wide-ranging, long-term plan to diversify and modernize the...
In today’s fast-moving world, where it is easier than ever for customers to find personalized products to suit their individual needs, banks are increasingly...
McKinsey & Company will present Lebanon with a report on the ideal economic model it should follow, in a meeting Wednesday between President Michel Aoun and...
The outlook for Lebanon’s banking system is stable, reflecting Moody’s expectation of a modest pick-up in economic activity and continued inflows of foreign...
The Lebanese health care coverage landscape is an imperfect patchwork.
Middle East and North Africa expert Ferid Belhaj is starting his new post this week in Beirut as vice president for the region at the World Bank, the group...
Arab investments in European countries are far larger in size and value than Europe’s investments in the Middle East, Head of the Union of Arab Banks Joseph...
The countries neighboring the Syrian Arab Republic are the largest refugee host-states.
Lebanon will receive $400 million worth of grants and soft loans from the World Bank to help create of thousands of jobs.
Lebanese contractors and industrialists are pinning high hopes on the prospects of new government infrastructure projects and peace in Syria to stimulate...
The United States Agency for International Development officially launched a project Wednesday aimed at supporting businesses and creating jobs in Beirut, the...
It’s no surprise that real estate developers in Lebanon face tough times.
An International Monetary Fund report reiterated the need for fiscal and structural reforms in Lebanon in a bid to boost revenue and reduce expenditure.
The head of the Association of Banks in Lebanon Joseph Torbey said Friday that less than 2 percent of the deposits exited the Lebanese market when Prime...
International rating agency Moody’s warned again of an impending danger if Lebanon fails to take drastic measures to reduce the public debt that has reached...