Lebanon prepares to issue $2.5-3B in Eurobonds on May 20: finance minister
Lebanese ministers reasserted Wednesday the government’s strong commitment to carry out reforms that will be “painful but imperative.”
Consumer confidence remained below expectations in the first quarter of 2019 despite the formation of the Cabinet and the pledge to implement reforms, according to the Byblos Bank/AUB Consumer Confidence Index issued Tuesday.
A leading international investment bank has seen significant downside risks in Lebanon despite an expected slight improvement in growth in 2019.
Infuriated political parties and trade unions have called on authorities to look for other means of reducing the budget deficit after Foreign Minister Gebran...
Lebanon’s Finance Ministry is expected to issue round $2 billion in Eurobonds in May or June, a ministry advisor has told Bloomberg.
President Michel Aoun Friday invited American companies to participate in Lebanon’s second bidding round for offshore oil and gas exploration, according to...
A Lebanese exchange dealer charged by the U.S. Treasury Department with money laundering and funding Hezbollah operations abroad has denied the allegations,...
The Turkish lira weakened after the central bank struggled to explain moves in foreign-currency reserves, fueling concern about the state of the nation’s...
Abu Dhabi will allow foreigners to own the land under their homes and offices for the first time as the emirate looks for ways to bolster its stalled property...
Inflation that’s projected to reach an eyeball-popping 8 million percent this year has left Venezuela saddled with the title of the world’s most miserable...
Samsung Electronics Co. Ltd. said it had received “a few” reports of damage to the displays of samples of its upcoming foldable smartphone, raising the...
A Lebanese exchange dealer accused by U.S. authorities of money laundering and funding Hezbollah operations abroad has denied the allegations, according to a...
Despite the fact that electric cars in Lebanon are currently harder to spot than Waldo, Volvo’s product and sales manager Mohammad Kabbani had ambitious...
A senior U.S. official played down media reports that Washington plans to designate Speaker of the Parliament Nabih Berri and Amal movement to the list of...
The Mzannar family’s 300-year-old textile business survived Lebanon’s Civil War by making uniforms for militiamen.
Although the financial inclusion rate in Lebanon is only 40 percent, and despite many efforts by the Association of banks in lebanon (ABL) and Central Bank to...
Lebanon’s Central Bank Gov. Riad Salameh Tuesday reiterated his commitment to a $1 billion package to finance housing loans and the productive sectors.
A defiant Carlos Ghosn accused “backstabbing” former colleagues of conspiring to oust him as Nissan chairman and threatening the Japanese automaker’s future,...
Soon after Carlos Ghosn was taken into custody last fall, kicking off a bizarre legal odyssey that’s transfixed the automotive world, some wondered whether...
Finance Minister Ali Hasan Khalil Monday dismissed the possibility of any imminent financial collapse in Lebanon but admitted that the situation was delicate...
The World Bank revised its GDP growth estimate for Lebanon to just 0.2 percent from 1 percent in 2018, reflecting a deceleration in economic activity linked...
Arrested former Nissan boss Carlos Ghosn is set to name the people he believes are responsible for his downfall in Japan, his wife said in an interview Sunday...
The Middle East is considered the most-targeted area in the world in terms of cybercrime and loss of data, Joseph Torbey, president of the Association of...
The fifth Lebanon International Oil and Gas Summit concluded its discussions Thursday after fruitful meetings between various representatives of international...
Finance Minister Ali Hassan Khalil Wednesday proposed a 50 percent salary reduction for the president, prime minister, ministers, current lawmakers and former...
Lebanon needs to implement “painful” and “unpopular” reforms, especially concerning its large debt burden and in the realm of its energy sector, or it runs...
Lebanon’s private business performance in March of this year deteriorated further compared to February, according to BLOM PMI Wednesday.
Lebanon will start drilling for gas in maritime Block 4 before the end of the year and intends to launch a second licensing round in January 2020 if...
As Lebanon moves forward on two major energy projects fixing the electricity sector quickly and exploring for natural gas to provide fuel years down the road...
The plan to reduce the deficit within the 2019 state budget has been finalized, Finance Minister Ali Hasan Khalil said in remarks to local daily Al Joumhouria...
Lebanon’s external sector witnessed a net decline in the trade deficit by 17.7 percent in January 2019 compared to January 2018, moving from $1.4 billion to...
The chairman of the World Union of Arab Bankers, Joseph Torbey, said Monday that economic reform in Lebanon begins with reducing the budget deficit and...