220,000 Arrivals at Beirut Airport in December

This is Beirut 30/12 21:30 - Reading : less than a minute

Beirut International Airport Traffic arrivals

The Director General of Civil Aviation, Fadi al-Hassan, revealed to This is Beirut that Beirut International Airport (AIB) recorded the arrival of 11,070 passengers in one day before Christmas. This is the highest number ever for the month of December and a significant record compared to previous years. Hassan reported that total arrivals to date ...

Ministry of Agriculture Condemns Israeli Attacks

This is Beirut 29/12 10:55 - Reading : less than a minute

European Union Israel Lebanon Agriculture WHO

The Ministry of Agriculture condemned the ongoing Israeli attacks on Lebanon's agricultural sector, including the recent destruction of the seedling multiplication project built in Wadi Houjair in 2020 with funding from the European Union and support from the Food and Agriculture Organization (FAO) and the World Health Organization (WHO). In a ...

Iraqi Airways Set to Resume Flights to Lebanon Monday

This is Beirut 29/12 10:40 - Reading : less than a minute

Iraqi Airways Lebanon

Iraqi Airways will resume flights to Lebanon on Monday, December 30, according to the country's Minister of Transport, as reported by the official Iraqi news agency. The airline had suspended flights to Lebanon on December 8, citing security concerns related to the situation in Syria.

Numbers & FiguresFigure of the Week: Lebanon's Price Surge – 4.9% Rise in Dollars, 5970% in Lebanese Pounds (2019-2024)

Liliane Mokbel 28/12 12:00 - Reading : less than a minute

Banks prices inflation crisis world bank

In Lebanon, prices in dollars rose by 4.9% between September 2019 and September 2024, according to the World Bank. Meanwhile, the Central Directorate of Statistics reports a staggering 5970% increase in prices in Lebanese pounds over the same period.  

Old $100 Bill Still Valid

This is Beirut 27/12 21:35 - Reading : less than a minute

Internal Security Forces USA

The Directorate General of the Internal Security Forces (ISF) has issued a statement denying rumors circulating on certain social networks, claiming that the old printing of the hundred-dollar bill is still in circulation in the country. According to these rumors, the distribution of these bills has been suspended worldwide. However, the ISF said ...

BDL: Two Payments to 158 and 166 Beneficiaries in January

This is Beirut 27/12 13:45 - Reading : less than a minute

BDL Lebanon Economy

On Friday, the Banque du Liban (BDL) issued a circular asking banks to pay two monthly installments to beneficiaries of circulars 158 and 166, which concern exceptional bank withdrawals of fresh dollars, at the beginning of January. Depositors benefiting from Circular 158 will receive $800 in cash instead of $400, while those benefiting from ...

ExplainerBDL Reserves Rise to $10.176B: Will Payments Continue in January?

Maurice Matta 27/12 11:00 - Reading : 5 minute(s)

Lebanon BDL Economy

The relevant departments of the Banque du Liban (BDL) have finalized a comprehensive study on deposits and accounts held in Lebanese banks. This study distinguishes between “fresh accounts,” opened after October 17, 2019, and “dollar accounts,” which refer to legacy accounts established before that date. Commissioned by the acting ...

Rates Between Hospitals and Insurance Companies Increase by 15%

This is Beirut 26/12 15:15 - Reading : less than a minute

In order to continue offering insured patients high-quality care, hospitals will have to raise their prices with insurance companies by 15% as of January 2, 2025. Under the direction of its President, Sleiman Haroun, the Syndicate of Hospital Owners in Lebanon convened on Thursday. Participants talked about “the contractual relationship ...

Turkey Lowers Interest Rate for First Time in Two Years

This is Beirut 26/12 15:05 - Reading : 1 minute(s)

Turkey Interest rate

Turkey’s central bank lowered its key interest rate on Thursday for the first time since February 2023, cutting it by 2.5 percentage points to 47.5%. This move comes in response to a slowdown in inflation, which remains above 47% year-on-year. The rate had been held steady at 50% since March as part of efforts to curb inflation. The central ...

UAB Secretary General Shares Opportunities and Challenges Awaiting Lebanon in 2025

This is Beirut 26/12 14:45 - Reading : 2 minute(s)

UAB Lebanon 2025

According to Wissam Fattouh, the Secretary General of the Union of Arab Banks (UAB), Lebanon is set to enter a new phase aimed at restoring financial and monetary stability as the year 2025 approaches. In a recent statement, Fattouh emphasized that regaining confidence in the Lebanese pound is critical for achieving economic stability. This, he ...

El-Hajj Hassan Calls for Action Against Smuggling of Agricultural Products

This is Beirut 25/12 12:15 - Reading : less than a minute

Economy Agriculture

Caretaker Minister of Agriculture Abbas el-Hajj Hassan sent letters to the Ministries of Defense, Interior and Municipalities, the Supreme Customs Council, the General Directorate of Customs, the Lebanese Army Command and the General Directorate of State Security, calling for action to combat the growing phenomenon of smuggling of agricultural ...

NSSF Transfers 57 Billion Lebanese Pounds to Hospitals in December

This is Beirut 23/12 21:05 - Reading : less than a minute

Mohammad Karaki, the Director General of the National Social Security Fund (NSSF), has requested that 27 billion Lebanese pounds be sent to hospitals through the appropriate financial services. This raises the entire sum given to hospitals since the start of December to 57 billion pounds, and for 2024, it will be approximately 207 billion ...