Lebanon

Acting United Nations Special Coordinator for Lebanon Pernille Dahler Kardel and the Regional Representative of the Office High Commissioner for Human Rights (OHCHR) in the Middle East and North Africa, Abdel Salam Sidahmed, welcomed the…

The Higher Council for Privatization and Public-Private Partnership signed consulting and advising contracts with major international companies Thursday in a key step of the implementation of the Capital Investment Program presented at…

The European Bank for Reconstruction and Development intends to invest at least $200 million in Lebanese equities, renewable energy and water resources in 2019, the development bank’s vice president Alain Pilloux said Monday.“We believe…

Lebanon’s GDP growth should climb to 7 or 8 percent a year by activating tourism, real estate, construction and the banking sector, a study conducted by Fransabank said on Monday.“The Lebanese authorities should focus on enlarging the…

Energy and Water Minister Cesar Abi Khalil said Tuesday that he had instructed the Lebanese Petroleum Administration to prepare for the second offshore gas licensing round.“This is not the launch of the licensing round, but the beginning…

Lebanon will receive up to 800 million euro of support to public investments by 2020. So said President of the European Investment Bank (EIB), Werner Hoyer."We stand ready to support Lebanon in the implementation of the government's…

Dear colleagues, We are pleased to welcome you to the General Assembly of LIBC which will be held on 1st of August 2018 in Beirut. Proposal of agenda of General Assembly: Agenda of the General Assembly Meeting: 1- Reception 2- Establishing…

Central Bank Governor Riad Salameh Wednesday brushed off calls for a managed devaluation of the Lebanese currency, warning that such a step would be detrimental to the national economy.“We are not considering any devaluation because we…

The Emirates A380 touched down in Beirut today for a historic one-off service to Rafic Al Hariri International Airport (BEY), contributing to an aviation milestone for Lebanon and its hub airport. The landing demonstrated the airport’s…

Lebanon’s economy is expected to improve even before offshore gas and oil exploration at the beginning of 2019, Energy and Water Minister Cesar Abi Khalil said Wednesday.A consortium of France’s Total, Italy’s Eni and Russia’s Novatek has…