Liliane Mokbel 02/04 21:15 - Reading : 3 minute(s)
Liban Banque du Liban Or Réserves
Gold prices continue to soar, drawing increased interest from investors and central banks worldwide. Since January 2025, the price of an ounce of gold has surged by 12%, fueling a surge in demand for the precious metal. This surge is driven by President Donald Trump’s protectionist policies and his pledge of “the mother of all trade ...
This is Beirut 02/04 19:15 - Reading : 3 minute(s)
Donald Trump United States Dollar Financial Markets
Wall Street stocks rose ahead of US President Donald Trump's fresh wave of tariffs, while European stocks ended the day lower. The dollar was mostly lower, oil prices wobbled, while gold, viewed as a safe-haven investment, came close to achieving a fresh all-time high. After Tokyo's stock market closed up slightly and Chinese indices steadied, ...
This is Beirut 02/04 18:55 - Reading : 1 minute(s)
On Wednesday, Minister of Agriculture Nizar Hani signed a decree establishing the National Commission for Wine, Arak and Alcoholic Beverages. The commission, chaired by Louis Lahoud, the General Director of the Ministry of Agriculture, aims to strengthen the impact of Lebanon's wine and alcoholic beverage sector on the national economy. The ...
This is Beirut 02/04 18:30 - Reading : 1 minute(s)
Tesla reported a 13 percent drop in first-quarter auto sales Wednesday amid lower production during factory upgrades and blowback over CEO Elon Musk's work for the Trump administration. Musk's electric vehicle company delivered 336,681 autos in the quarter ending March 31, missing analyst expectations, as it pointed to the "loss of several weeks ...
This is Beirut 02/04 12:50 - Reading : 3 minute(s)
Gaming giant Nintendo is set to unveil the successor to its phenomenally popular Switch console on Wednesday. Here are some facts about its success: 150 million sold Nintendo has sold around 150 million Switch machines since the gadget's launch in March 2017. That makes it the third best-selling console in video game history, behind Sony's ...
Christiane Tager 02/04 10:30 - Reading : 3 minute(s)
UN Security Council Dahyeh Europe Israel United Nations
Despite the psychological impact of the airstrikes, Ramzi Salman, the President of the Lebanese Guesthouses Syndicate, told This is Beirut on Tuesday that the Eid al-Fitr weekend saw a significant influx of visitors. According to Salman, guesthouses experienced relatively strong bookings, highlighting the sector’s resilience amid the ongoing ...
This is Beirut 01/04 13:10 - Reading : 4 minute(s)
OpenAI Artificial Intelligence SoftBank ChatGPT Sam Altman
OpenAI on Monday said it raised $40 billion in a new funding round that valued the ChatGPT maker at $300 billion, the biggest capital-raising session ever for a startup. The infusion of cash comes in a partnership with Japanese investment giant SoftBank Group and "enables us to push the frontiers of AI research even further," the San ...
This is Beirut 01/04 11:25 - Reading : 3 minute(s)
President Donald Trump again downplayed risks that TikTok is in danger of being banned in the United States, saying he remains confident of finding a buyer for the app's US business by a Friday deadline. The hugely popular video-sharing app, which has over 170 million American users, is under threat from a law that passed overwhelmingly last year ...
This is Beirut 31/03 17:10 - Reading : 5 minute(s)
Innovation AI Technologies Microsoft Bill Gates
Microsoft has been at the heart of computing for half a century, becoming a tech stalwart almost taken for granted as lifestyles embraced the internet. As the company, founded with a vision of putting computers in every home and office, celebrates its 50th anniversary on Friday, it is looking to boost its fortunes by being a leader in the ...
This is Beirut 31/03 17:10 - Reading : 2 minute(s)
OECD Environment Oceans Economy
Oceans need stronger protections and governance to ensure the blue economy can grow fairly and sustainably in the face of climate change, territorial disputes and other threats, the Organization for Economic Cooperation and Development (OECD) said Monday. Covering two-thirds of Earth, oceans provide more than three billion people with enough to ...
This is Beirut 31/03 09:20 - Reading : 2 minute(s)
Donald Trump USA United States
President Donald Trump said Sunday the tariffs he plans to impose in the coming days would include "all countries", not just those with the largest trade imbalances with the United States. Trump has promised a "Liberation Day" on April 2, when he is set to unveil reciprocal levies to address trade practices that his government deems ...
Liliane Mokbel 29/03 12:00 - Reading : less than a minute
solar panels lebanon imports energy
The solar energy market in Lebanon experienced a dramatic decline. In 2024, imports of solar panels dropped by 41% compared to 2023 and by 82% compared to 2022, according to data from the Lebanese Customs Authority. A record high was reached in 2022, with 5 million panels imported, while only 2.24 million were imported in 2024, valued at a ...