This is Beirut 20/03 11:15 - Reading : 3 minute(s)
Thursday's release of action-adventure epic "Assassin's Creed Shadows" marks a make-or-break moment not just for struggling French games heavyweight Ubisoft, but for the entire European gaming ecosystem. With its almost 18,000 employees and global footprint, Ubisoft has nevertheless suffered one setback after another in recent years with ...
This is Beirut 19/03 20:30 - Reading : 3 minute(s)
The US Federal Reserve paused interest rate cuts again on Wednesday and noted an increase in economic uncertainty, as it navigates an economy unnerved by President Donald Trump's stop-start tariff rollout. Policymakers voted to hold the US central bank's key lending rate at between 4.25 percent and 4.50 percent, the Fed announced in a ...
Liliane Mokbel 19/03 18:20 - Reading : 3 minute(s)
Salaries Minimum wage Government inflation GDP
In one of his first statements to the press, the new Minister of Labor, Mohammad Haidar, said that raising the minimum wage is among his priorities. He noted that the matter would be discussed with Finance Minister Yassine Jaber but did not specify a figure. Recently, some have called for a minimum wage of $1,000—five times the current ...
This is Beirut 19/03 10:30 - Reading : less than a minute
The Turkish lira plunged to an all-time low against the dollar on Wednesday, after police raided the home of Istanbul's powerful opposition mayor, Ekrem Imamoglu. The currency was trading at 39 liras per dollar after the mayor, a key opponent of President Recep Tayyip Erdogan, was detained over a corruption probe, a move denounced by his ...
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 ...
This is Beirut 18/03 19:30 - Reading : less than a minute
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 ...
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 ...
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 ...
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 ...
This is Beirut 18/03 14:20 - Reading : 1 minute(s)
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 ...
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 ...