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News
Global Economic Prospects: Divergences and Risks in MENA
Recent Developments: The sharp drop in oil prices and conflict are holding back economic growth in the region. In additional to slowing growth, most oil-exporting countries have experienced a significant worsening of fiscal and current…
World Bank Cuts 2016 Global Growth Forecast to 2.4 percent
The World Bank is downgrading its 2016 global growth forecast to 2.4 percent from the 2.9 percent pace projected in January. The move is due to sluggish growth in advanced economies, stubbornly low commodity prices, weak global trade, and…
Baalbeck International Festival unveils its 60th anniversary program
Baalbeck International Festival chair Nayla de Freige led a news conference at the Tourism Ministry Wednesday to announce the program for the 60th edition of the event, set to run from late July through late August.Before the event begins…
Bassil addresses Australian delegation: Lebanon will forever be messenger of openness
Chairman and General Manager of Bank of Beirut Salim Sfeir held a dinner banquet in honor of the Lebanese Australian delegation visiting Lebanon to participate in the "Lebanese Diaspora Energy 2016" Conference organized by the Ministry of…