Lebanon

President Michel Aoun and Prime Minister Saad Hariri signed a decree Thursday in front of an audience of over 1,000 members of the Lebanese diaspora with the aim of encouraging them to reclaim their Lebanese citizenship. The decree was…

Activities of the Lebanese private companies showed signs of improvement in April 2017 although the contraction was still high, according to BLOM PMI Thursday.“The contraction of overall business activity at Lebanon’s private sector…

Middle East Airlines is expected to receive 10 new Airbus 321 planes as of 2019 to beef up its current fleet, the chairman of the national carrier Mohamad al-Hout said Thursday.“The first five Airbus planes will be delivered to us in 2019…

Figures released by the Ministry of Finance indicate that there were 17,081 real estate transactions in the first quarter of 2017, constituting an increase of 14% from 14,985 deals in the same quarter of 2016.In comparison, the number of…

Investor Abdel Wahab Charif will open a factory for mineral water in Yammouneh, Baalbek. Construction work will be launched this summer and operations will begin early 2018.The factory will be built on land measuring 20,000 square meters…

President Michel Aoun Tuesday said that the Lebanese diaspora is a “great source of political, economic, and cultural assets.”Aoun made these remarks during a meeting at Baabda Palace with Madagascar Minister of Foreign Affairs Beatrice…

Prime Minister Saad Hariri pledged Tuesday to restore confidence in the Lebanese state and economy following years of presidential vacuum, paralysis in constitutional institutions, political divisions and tension with other Arab countries.…

The Silk Road Chamber for International Commerce (SRCIC) is ready to grant $2 billion in loans with low interest rates to the local market, according to Adnan Kassar, Chairman of the Economic Bodies and the founding father of…

استقبل سعادة حاكم مصرف لبنان الدكتور رياض سلامة وفدا" من المجلس الاغترابي اللبناني للاعمال برئاسة الدكتور نسيب فواز الذي وجه له دعوة لحضور المؤتمر الاغترابي المقرر عقده في 2 و 3 آب 2017 في فندق فينيسيا بيروت متمنيا" عليه ترأس جلسة حول…

The World Travel & Tourism Council (WTTC) estimated that the travel & tourism (T&T) industry would directly contribute $3.4bn to the Lebanese economy in 2017, equivalent to about 7.1% of GDP, compared to about 10% of GDP in…