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Aoun, Hariri sign decree for Lebanese diaspora citizenship registration
President Michel Aoun and Prime Minister Saad Hariri Thursday signed a decree that allows Lebanese diaspora to reclaim their citizenship from their country of residence.They signed the decree following a keynote speech from Aoun at the…
Diaspora flocks to Beirut to reclaim nationality
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…
BLOM PMI improves to 47.5 points in April
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…
MEA to acquire 10 Airbus planes as of 2019
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…
Real estate transactions in Lebanon valued at $2.34 billion in 3 months
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…
Mineral water factory to open in Baalbek area
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…
Lebanese diaspora an asset to the country: President Aoun
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…
Hariri vows to restore confidence, renews aid plea
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.…
President Aoun launches new campaign to protect migratory birds
President Michel Aoun launched a new awareness campaign to protect migratory birds that cross through the Lebanese sky during the current season.Aoun stressed that strict laws should be enforced to the fullest to prohibit hunting these…
265 companies from 28 countries submit proposals for solar energy in Lebanon
The Ministry of Energy and Water has received 265 project proposals for its invite to the private sector to develop solar farms, operate them, and sell power to Electricité du Liban (EDL).The ministry had sought the development of 180…