Beirut
Currency Collapse Heaps More Misery On Lebanese As Prices Skyrocket
Middle East Business News - Published date: .
Lebanese pound loses more ground against the US dollar, adding to the misery of the growing number of people struggling ... Read more
Lebanon Unveils Port Blast Compensation Package For Beirut Businesses
Middle East Business News - Published date: .
President Michel Aoun signs a decree allocating 100 billion Lebanese pounds to the programme Read more
Lebanon Succumbs To The Highest Debt-to-GDP Ratio In The World
Middle East Business News - Published date: .
Beirut Port blast, coronavirus add up to an economic crisis which could see GDP fall from $55bn to $25bn in just two yea... Read more
IMF Ready To Help Blast-hit Lebanon Once New Government In Place
Middle East Business News - Published date: .
Country is facing a severe economic crisis after a neglected warehouse full of fertiliser ignited in a cataclysmic blast... Read more
Lebanese Insurance Industry Faces Up To Life After Beirut Port Blast
Middle East Business News - Published date: .
CEO of insurance major says industry will 'weather the storm' after damage is estimated at $15bn Read more
Half Of Lebanese Could Face Food Shortages: UN
Middle East Business News - Published date: .
Government priority must be given to rebuilding silos at Beirut port, says UN Economic and Social Commission for Western... Read more
'Fix It Or Exit': The Stark Situation Facing Lebanese Banks
Middle East Business News - Published date: .
If Lebanese banks fail to increase their capital by 20% by the end of February 2021 they have to exit the market, says C... Read more
Strict New Rules Make Life Tough For Lebanese Retailers
Middle East Business News - Published date: .
Central bank imposes stricter requirements to open letters of credit to finance imports into the country Read more
Byblos Bank Reports First Annual Loss Since 1963
Middle East Business News - Published date: .
'Dramatic factors' in Lebanon blamed for the $122m loss reported for 2019 Read more
How Did Lebanon's Economy Reach The Brink Of Collapse And Can It Recover?
Middle East Business News - Published date: .
Lebanon had racked up a debt equivalent to 170% of its GDP by the end of 2019 Read more
Lebanon Said To Plan $2bn Eurobond Issue
Middle East Business News - Published date: .
Lebanon is planning to cut its budget-deficit-to-GDP ratio from 11% to 9%, according to a top government economic advise... Read more