This Is Beirut 24/04 15:25 - Reading : 1 minute(s)
Under the patronage of Minister of Agriculture Nizar Hani, Lebanon officially launched the AGRILAB project on Thursday at the Baakline station in the Shouf region. Developed in partnership with the German Agency for International Cooperation, the initiative seeks to modernize the country’s agricultural sector by equipping farmers with ...
This Is Beirut 24/04 15:20 - Reading : 1 minute(s)
The Executive Committee of the Union of Arab Banks (UAB) convened in Beirut on Thursday under the chairmanship of Dr. Joseph Torbey, with the participation of Secretary General Wissam Fattouh and representatives from seven Arab nations: Saudi Arabia, Kuwait, Jordan, Oman, Morocco, Lebanon and Sudan. During the meeting, the committee reviewed a ...
Christiane Tager 24/04 15:00 - Reading : 2 minute(s)
Christiane Tager Since the beginning of the year, gold has been on a rollercoaster ride, swinging between sharp rallies and sudden pullbacks. On April 22, gold soared more than 2% in a single day—only to face an unexpected correction less than 24 hours later. This dramatic back-and-forth raises a pressing question: what’s happening in ...
This is Beirut 24/04 11:35 - Reading : 2 minute(s)
Banks Washington International Monetary Fund Banque du Liban
During the Spring Meetings of the International Monetary Fund and the World Bank in Washington, Banque du Liban Governor Karim Souhaid delivered a stark and candid assessment of Lebanon’s critical condition. Speaking to an audience of international experts and policymakers, Souhaid described a country “at a crossroads—between fragility and ...
This is Beirut 24/04 09:55 - Reading : 2 minute(s)
Nintendo shares surged Thursday after the gaming giant boasted of higher than expected demand in Japan for pre-orders of its hotly anticipated Switch 2 console. The successor to the Switch -- the third best-selling console ever behind Sony's PlayStation 2 and the Nintendo DS -- is set to hit shelves worldwide on June 5. And the stakes are high: ...
This is Beirut 24/04 09:15 - Reading : 3 minute(s)
European Union Donald Trump Tesla
Tesla electric car sales in Europe plunged in the first three months of the year, industry data showed Thursday, in a fresh blow to its boss Elon Musk who has been criticised for his work in US President Donald Trump's administration. Sales of the sleek machines fell 45 percent to just over 36,000 units in the first quarter of 2025 in the ...
This is Beirut 23/04 14:35 - Reading : less than a minute
Lebanon's consumer price index for March 2025 recorded an increase of 0.44% compared with February 2025. The annual change in the consumer price index for March 2025 was 14.19% compared with March 2024. Concerning the monthly variation of the index by governorate, the figures are as follows: Beirut: up 0.33 Mount Lebanon: up 0.11 North: up ...
This is Beirut 23/04 13:00 - Reading : 4 minute(s)
The EU on Wednesday slapped Apple and Meta with 700 million euros in fines for breaking digital competition rules, risking the wrath of US President Donald Trump. The penalties threaten to cause more tension in the already fraught relationship between the bloc and Trump, as the two sides discuss a deal to avoid his sweeping tariffs on the ...
Christiane Tager 23/04 10:30 - Reading : 2 minute(s)
United States Markets Investment Gold
After Easter opened a turbulent week for financial markets. The world’s main stock exchanges recorded significant losses, despite a few timid attempts to bounce back. This instability is unfolding in an atmosphere weighed down by geopolitical tensions and persistent fears of a global‑growth slowdown. Meanwhile, gold moved sharply in the ...
This is Beirut 22/04 19:00 - Reading : 2 minute(s)
Saudi Aramco and the Chinese electric vehicle giant BYD announced Monday an agreement to work together on what they called new-energy vehicle technologies. The Saudi oil giant is already a partner with Renault of France and the Chinese automaker Geely in a joint venture to produce thermal engines. Its subsidiary, Saudi Aramco Technologies ...
This is Beirut 22/04 16:15 - Reading : 2 minute(s)
Lebanon's Minister of Energy and Water, Joe Saddi, announced on Tuesday a major reform of the country's groundwater drilling licensing system, as part of an effort to improve water resource management. The reform is being developed in collaboration with experts from the United Nations Economic and Social Commission for Western Asia (ESCWA) and ...
This is Beirut 22/04 12:50 - Reading : 4 minute(s)
Lebanon Economy Banks Parliament
As Lebanon grapples with a deep financial crisis and seeks to overhaul its banking system, a proposed amendment to the country’s banking secrecy law has sparked major controversy. Though introduced under the banner of transparency and reform, the changes raise serious concerns about individual privacy, data protection, investor confidence, and ...