Agriculture: Rationalizing Water Consumption in the Face of Reduced Rainfall

This is Beirut 18/03 20:30 - Reading : 1 minute(s)

agriculture water global warming

The Ministry of Agriculture and the Directorate of Agricultural Research called on Tuesday for rational management of water consumption this year due to a significant drop in rainfall, which has only reached 30% of the usual annual average. In addition to low rainfall, temperatures have been higher than normal, due to climate change. The ...

The Lebanese Industrial Sector: 18,542 Factories Producing 1,656 Products

This is Beirut 18/03 19:30 - Reading : less than a minute

Lebanon Industry

Based on the latest statistics from the Guide to Lebanese Exports and Industrial Institutions for the end of 2024, Lebanon has 18,542 factories producing 1,656 products. This includes 8,771 factories classified according to the international harmonized system, and 1,179 products exported internationally, meeting the legal and technical standards ...

Gold: A Strategic Asset

Liliane Mokbel 18/03 17:00 - Reading : 2 minute(s)

Gold Price BRICS central banks

Gold price surged past $3,000 per ounce last Friday, setting a new all-time record. By Tuesday morning, around 08:30 GMT, the precious metal climbed even higher to $3,020 per ounce, fueled by escalating geopolitical tensions in the Middle East and lingering trade wars initiated during Donald Trump’s presidency. Meanwhile, BRICS central banks ...

Wizz Air Abu Dhabi Introduces New Direct Flight to Beirut

This is Beirut 18/03 16:55 - Reading : 1 minute(s)

United Arab Emirates Wizz Air Airlines Direct flight Beirut

Wizz Air Abu Dhabi, the low-cost airline of the United Arab Emirates, announced on Tuesday the launch of a new direct route connecting Beirut and Abu Dhabi. Starting in June, the service will operate three times a week, on Mondays, Wednesdays and Fridays, offering budget-friendly fares starting at $61.99. Positioning itself as the only low-cost ...

Digital Transformation in Lebanon: A Step Towards the Future

Joe André Rahal 18/03 14:20 - Reading : 3 minute(s)

Lebanon Administration Digital Transformation AI

Amid Lebanon’s ongoing crises, the need to modernize public administration and improve services has never been greater. Digital transformation has emerged as a strategic path to drive progress, enhance transparency and rebuild trust between citizens and the state. The Cabinet has to discuss a comprehensive plan to digitize government ...

The New Governor of BDL Will Be Nominated Outside the Mechanism of Administrative Appointments

This is Beirut 18/03 14:20 - Reading : 1 minute(s)

FPM Lebanon BDL Economy

Ministerial sources said that the Cabinet will continue discussions on the mechanism of administrative appointments on Friday. The focus will be on addressing gaps in the plan originally prepared by Minister Mohammad Fneish and approved by Prime Minister Saad Hariri’s government in 2010—a plan that was never implemented due to a legal ...

Gas: Tender for Blocks 8 and 10 Extended Until March 31

Christiane Tager 18/03 10:30 - Reading : 2 minute(s)

Lebanon was also expected to advance its offshore energy resources by announcing the results of the third bidding round for gas exploration in Blocks 8 and 10 on March 17. These strategically important blocks are expected to attract major international oil and gas companies. Securing strong bids would bolster investor confidence and mark a key ...

Jean Abboud: Tourism's Shy Recovery in Lebanon

This is Beirut 17/03 14:20 - Reading : 2 minute(s)

Jean Abboud Flights Lebanon Tourism

Tourism in Lebanon is slowly getting back on track. As the Fitr and Easter holidays approach, demand for flight tickets to Lebanon is rising steadily, with additional flights planned, promising a good spring season. Indeed, “demand for tickets to Lebanon is rising steadily, and the number of flights will increase as the festive season ...

OECD Lowers Global Growth Projections Over 'Trade Barriers' and 'Uncertainty'

This is Beirut 17/03 13:45 - Reading : 2 minute(s)

Donald Trump European Union United States USA Vladimir Putin

The Organisation for Economic Co-operation and Development on Monday lowered its projections for global growth in 2025 due to "trade barriers" and "uncertainty". Trade tensions that have erupted since US President Donald Trump returned to the White House are in part responsible for the dampened growth perspectives, the OECD said. The OECD ...

Millions of Cubans Spend Second Night Without Electricity

This is Beirut 16/03 19:00 - Reading : 3 minute(s)

Cuba Energy

Millions of Cubans were without electricity for a second night Saturday after a widespread blackout hit the island, the fourth in less than six months. Cubans have been facing a serious economic crisis marked by widespread food, fuel, and medicine shortages, and the island's aging and often failing power system has made things worse. The latest ...

Saudi Arabia: Peace Mediator or Economic Strategist?

Christiane Tager 15/03 12:00 - Reading : 3 minute(s)

Saudi Arabia USA Ukraine

By hosting talks between the United States and Ukraine, Saudi Arabia seeks to establish itself as an essential mediator in global affairs. Traditionally recognized as a key player in the energy sector due to its vast oil reserves, the kingdom now aspires to expand its influence beyond energy. By facilitating peace negotiations, it demonstrates its ...

Moody's upgrades Greece credit rating, outlook stable

This is Beirut 15/03 09:40 - Reading : 2 minute(s)

Banks European Union International Monetary Fund

Ratings agency Moody's on Friday upgraded Greece's credit rating, pulling the country out of junk territory after its years of struggling to recover from a debt crisis. Along with the ratings elevation from Ba1 to Baa3, Moody's changed its outlook for Greece from positive to stable. The other two major ratings agencies, S&P and ...