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 ...
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 ...
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 ...
This is Beirut 16/03 19:00 - Reading : 3 minute(s)
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 ...
Christiane Tager 15/03 12:00 - Reading : 3 minute(s)
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 ...
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 ...
This is Beirut 15/03 08:15 - Reading : 3 minute(s)
On the surface, there is an intention to build a nation based on institutions, transparency and proper governance. However, in reality, Kulluna Irada has become nothing more than a breeding ground for theft, corruption, deception and falsification, all with destructive objectives for the country. The association, which was originally tasked with ...
This is Beirut 14/03 18:20 - Reading : 1 minute(s)
Economic Organizations Downtown Beirut Lebanon
Beirut's downtown is set to be revitalized before the end of March. The President of Economic Organizations, Mohammad Choucair, held a meeting on Friday with Beirut’s mohafez, Marwan Abboud, as well as the city's municipal council president, Abdallah Darwish. The aim of the meeting was to discuss measures to revive Beirut's downtown. ...
This is Beirut 14/03 14:30 - Reading : 3 minute(s)
Donald Trump European Union Democrats Republicans United Kingdom
Safe-haven gold surpassed $3,000 for the first time Friday, boosted by uncertainty over US President Donald Trump's tariffs, while stock markets gained on hopes US lawmakers will avert a government shutdown. "Markets hate uncertainty, and Trump's second tenure in the White House has served to provide huge instability over expectations for trade, ...
This is Beirut 14/03 08:30 - Reading : 4 minute(s)
Demands for accountability from Kulluna Irada have intensified over its actions in recent years, particularly since the 2019 financial crisis. This includes the decision by former Prime Minister Hassane Diab's government to declare Lebanon bankrupt, its failure to repay debts, and its role in destabilizing the country's monetary and financial ...
Maurice Matta 13/03 22:40 - Reading : 3 minute(s)
International Monetary Fund Banks Joseph Aoun Banque du Liban Washington
Finance Minister Yassine Jaber made reassuring remarks regarding negotiations with the International Monetary Fund (IMF) following an extensive meeting held at the Ministry of Finance with the IMF mission. During the meeting, Jaber affirmed that the elimination or partial deduction of bank deposits is a sovereign and national decision, ...
This is Beirut 13/03 21:22 - Reading : 3 minute(s)
Qatar has begun funding gas supplies to Syria from Jordan, state media in the Gulf state reported Thursday, as Damascus's new leadership seeks economic relief for the war-torn country. "Qatar has started today providing... natural gas supplies to the Syrian Arab Republic through the territories of the Hashemite Kingdom of Jordan," ...