Lebanon’s GDP growth should hit 8 pct: study

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…

Lebanon to issue $2bn euro bonds: Salameh

Lebanon plans to sell up to $2 billion of new Eurobonds part of a debt-swap aimed at reducing servicing costs, Central Bank Governor Riad Salameh announced during an interview with Bloomberg Monday.Salameh, who has steered the financial…

Expat vote turnout at 59 percent

Foreign Minister Gebran Bassil lauded the historic expatriate vote Monday in a televised news conference held at the Foreign Ministry, hours after the last overseas polling station closed in the U.S. city of Los Angeles. “It was a difficult…

LPA to prep for second gas licensing round

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 Ready To Rebuild Syria

The dream of reconstructing Syria is beginning to materialize in Tripoli, in the north of Lebanon. The city is only 28 kilometers from the Syrian-Lebanese border, and local authorities want Tripoli to become the number-one hub between Syria…