BEIRUT: A leading banker says economic slowdown in Lebanon does not necessarily mean the Lebanese pound is at risk of devaluation. “The Central Bank...
ANTALYA, Turkey: MEA Chairman Mohammed Hout said over the weekend that the net profits of the national carrier may slightly drop in 2018 due to the rise in...
BEIRUT: Washington has succeeded in drastically slashing the financial resources of Hezbollah and will continue until the party’s finances run dry,...
The Daily Star talked to Salim Sfeir, the chairman of Bank of Beirut group, on the performance of the bank and his views on Lebanon’s economy and the...
BEIRUT: The priority of the new Lebanese Cabinet is to lower the fiscal deficit by 1 percent relative to GDP at least and this goal can be attained if the...
BEIRUT: Lebanon will hardly feel the impact of the tough U.S. sanctions against Iran and Hezbollah thanks to strict compliance measures adopted by the...
BEIRUT: European tourists have given Lebanon’s hospitality and hotel sector a badly needed shot in the arm this year in the absence of Arab Gulf...
BEIRUT: Is the Lebanese economy about to collapse, and will the national currency start depreciating in the face of impending storms? These questions always...
BEIRUT: The Movenpick Hotel in Beirut’s Raouche has been bought by a group of Lebanese businessmen for close to $110 million from Saudi-based Kingdom...
BEIRUT: News that Lebanon’s Cabinet formation is imminent has reflected positively on the performance of Solidere shares, which jumped by an average of...
BEIRUT: Companies and public institutions risk drastically raising EDL’s deficit by building new power plants and increasing production if subsidies on...
BEIRUT: There has been lot of speculation and theories put forward to explain the surge of private deposits in Lebanese banks, despite the near-zero GDP...
BEIRUT: Lebanon’s GDP growth projection has been revised downward from 2.5 percent to less than 1.4 percent in 2018, as the country struggles to cope...
BEIRUT: The startling rise of costs in end-of-service benefits for retired civil servants, Army and security personnel is adding an unnecessary financial...
BEIRUT: Lebanon’s Central Bank said Tuesday it has slapped LL6.9 billion ($4.6 million) of fines on some banks and clients for violating the rules and...
BEIRUT: In the face of a struggling Lebanese real estate market, a group of real estate developers in the country has decided to take steps to help ameliorate...
BEIRUT: The fall of the Turkish lira against the dollar and its economic ramifications on emerging markets have become one of the main news headlines around...
BEIRUT: A senior Lebanese banker brushed off claims the Lebanese economy is on the verge of collapse and its currency is under threat, but noted some banks...
BEIRUT: The President of the Association of Banks in Lebanon Joseph Torbey said Thursday that the money deposited in Lebanese banks during the era of former...
BEIRUT: A senior World Bank official Tuesday warned the Lebanese authorities that the World Bank may be compelled to “cancel” $1.1 billion worth of...
BEIRUT: Lebanon’s largest listed company is expected to replace seven members of its board of directors Tuesday in a major shake-up, after Solidere...
BEIRUT: Rumors surrounding the eventual devaluation of the Lebanese pound has kept growing in the past few weeks, despite the repeated assurances by Central...
BEIRUT: 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...
BEIRUT: 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...
BEIRUT: Lebanon’s electricity rationing is expected to worsen this summer if the prices of oil continues to exceed $60 a barrel, an Electricite du Liban...