BDL Leads Financial Recovery and Reassures Depositors

Liliane Mokbel 29/09 19:05 - Reading : 3 minute(s)

Central Bank of Lebanon Banks International Monetary Fund Lebanon economy deposits BDL

At a luncheon debate hosted by the École supérieure des affaires (ESA), Karim Souhaid, the Governor of Lebanon’s Central Bank (BDL), presented his assessment of the country’s economic situation – “slowly but surely moving in the right direction” – to around 40 members of the Mouvement des entreprises de France (MEDEF), currently on ...

NSSF Approves LBP 208 Billion in Payments for Surgical Procedures

This is Beirut 29/09 16:25 - Reading : less than a minute

NSSF Lebanon

Less than five days after authorizing further advance payments to hospitals and doctors, bringing total healthcare spending to LBP 4.174 trillion since the start of the year, the Director General of the National Social Security Fund (NSSF), Mohammad Karaki, has approved an additional LBP 208 billion in payments for previously processed surgical ...

Another Record High: Gold Shines Brighter Than Ever

This is Beirut 29/09 14:00 - Reading : less than a minute

Gold Investments Dollar Washington Beijing

Gold continues to break records. The price per ounce (31.1 g) rose 1.3% on Monday, reaching $3,809, its highest level ever. The precious metal has surged 45% since the start of the year and nearly 130% over three years, outperforming most other investments. Several factors drive this gold rush: geopolitical uncertainties, from Russia’s invasion ...

EDL Cracks Down on Illegal Connections

This is Beirut 29/09 13:20 - Reading : 1 minute(s)

EDL Lebanon Illegal Connections

In a statement issued Monday, Électricité du Liban (EDL) announced the launch of a large-scale campaign to dismantle illegal connections to the power grid. According to the statement, the initiative, set to be implemented nationwide, aims to “ensure equal rights and obligations for all citizens” and addresses the “urgent need to preserve ...

Figure of the weekLebanese Hospitality Reaches New Heights

Liliane Mokbel 27/09 15:00 - Reading : less than a minute

A fresh wind is blowing through Lebanon’s tourism scene, and it’s coming from the mountains: guesthouses are on the rise. Once limited to around 40 discreet spots, there are now more than 300 open to visitors – true hidden gems nestled in the heart of villages. More than just places to stay, each guesthouse reflects the soul of its region: ...

Trade War Redraws the Map: China Shifts Course

Christiane Tager 26/09 11:30 - Reading : 2 minute(s)

Donald Trump Europe United States USA Washington

Since Donald Trump took office, Sino-American trade has sometimes resembled a high-stakes ping-pong match. Containers once destined for US ports now appear to have lost their way. In August 2025, exports to the United States fell 12% in a single month, representing around $5 billion worth of goods no longer crossing the Pacific, at least not ...

Beirut Port Climbs to 54th in Global Ranking

This is Beirut 26/09 10:45 - Reading : less than a minute

Banks Beirut Port lebanon World Bank

The Port of Beirut has registered a major leap in the World Bank’s Container Port Performance Index 2024, published on Friday. It ranked 54th worldwide, consolidating its role as a key regional hub for logistics and trade. The rise marks a sharp improvement from 81st place in 2023 and 323rd in 2022, reflecting the port’s modernization ...

Jounieh Highway: When Public Land Becomes Private Property

Liliane Mokbel 25/09 15:15 - Reading : 3 minute(s)

Lebanon economy infrastructure Jounieh Highway expropriation

Widening Jounieh Highway will not happen overnight. The project is expected to take 36 to 40 months. As the saying goes, “A journey of a thousand miles begins with a single step.” Funding for the project is secured, Minister of Public Works and Transport Fayez Rasamny told the press, though he provided no further details. Sources close to the ...

Olive Oil 2025: A Harvest That Leaves a Bitter Aftertaste

Christiane Tager 24/09 14:00 - Reading : 3 minute(s)

Lebanon economy olives olive oil

In Lebanon, it’s hard to imagine a meal without a drizzle of olive oil. It flavors the morning man’oushe, enlivens salads, and graces every mezze platter. But this year, this staple of the Lebanese table risks becoming a luxury. The 2025 olive season is exceptionally poor, with serious consequences for both producers and consumers. A ...

Lebanese Restaurants: A Short, Busy Summer and Rising Prices

Liliane Mokbel 24/09 10:30 - Reading : 2 minute(s)

Although the summer season lasted only forty-five days, from July 15 through the end of August, Lebanese restaurants recorded a dynamic performance. Political and security instability, compounded by broader regional conflict, may have curtailed the season, but the sector’s momentum remained intact. The diaspora, loyal as always, turned out in ...

Consumer Prices Rise by 0.56% in August

This is Beirut 22/09 20:10 - Reading : less than a minute

Lebanon Economy Lebanon’s Central Administration of Statistics Consumer Price Index

Lebanon’s Central Administration of Statistics (CAS) reported that the Consumer Price Index (CPI) rose by 0.56% in August 2025. On a year-on-year basis, the index increased by 14.17%, the agency said in a statement. The highest monthly increases were recorded in the North Lebanon governorate (+0.96%), followed by South Lebanon (+0.80%), Beirut ...

Aradina: A Green Boost for Lebanese Agriculture

This is Beirut 22/09 19:20 - Reading : 1 minute(s)

Lebanon Economy Nizar Hani Aradina Fair Trade Lebanon the French Development Agency

Agriculture Minister Nizar Hani on Monday launched the Aradina project, a four-year program to be implemented in partnership with CIHEAM Montpellier, Action Against Hunger and Fair Trade Lebanon. Aradina is funded by the French Development Agency (AFD) and aims to support 2,500 farmers and 145 cooperatives across Lebanon in adopting sustainable ...