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finance & economy

Jun 24

 Lebanese American University honours JOHUD director

Lebanese American University honours JOHUD director

The Lebanese American University has awarded the Executive Director of the Jordanian Hashemite Fund for Human Development (JOHUD) Farah Daghestani an honourary doctorate in humanities.

The recognition comes in"...

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Jun 24

 Aoun, Khalil Discuss Economic Situation

Aoun, Khalil Discuss Economic Situation

President Michel Aoun on Saturday held talks with Finance Minister Ali Hassan Khalil at the Baabda Palace where talks focused on the financial and economic situation and the preparations for the upcoming 2019 State budget, the National News Agency reported.

“I"...

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Jun 24

 Report: Cabinet Formation Negotiations Proceed

Report: Cabinet Formation Negotiations Proceed

As negotiations continue to form the country’s new government, Prime Minister-designate Saad Hariri and President Michel Aoun have reportedly “agreed on having six Sunni ministers, one of them of Aoun’s share, while a Christian minister would be named of Hariri’s"...

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Jun 24

 Mario Aoun says Jumblatt wants 'weak' Christians in Shouf

Mario Aoun says Jumblatt wants 'weak' Christians in Shouf

'Democratic Gathering Leader Walid Jumblatt wants Christians in Shouf region to be weak, while the Free Patriotic Movement has struggled to restore their values and dignity,' MP Mario Aoun said on Saturday in an interview with 'Free Lebanon' Radio Station.

Commenting"...

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Jun 24

 Hariri welcomes Pope Tawadros at House of Center

Hariri welcomes Pope Tawadros at House of Center

Prime Minister-designate Saad Hariri met Saturday with Pope of Alexandria, Coptic Patriarch Tawadros II at the House of Center, in the presence of Caretaker Ministers Nohad Machnouk, Jamal Jarrah, Ghattas Khoury and Egyptian Ambassador to Lebanon, Nazih Najari.

Speaking to"...

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Jun 24

 FinnishIrish UNIFIL Contingent in Tibnin commemorates its martyrs

FinnishIrish UNIFIL Contingent in Tibnin commemorates its martyrs

The Irish-Finnish Contingent 112, operating within the UNIFIL peacekeeping forces in Tibnin, South Lebanon, commemorated its fallen martyrs during their service with the International Interim Force in Lebanon in the memorial statue courtyard of the Tibnin Public Park on Saturday.
"...

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Jun 24

 Lebanon’s PM-Designate Expects Swift Government Formation

Lebanon’s PM-Designate Expects Swift Government Formation

Lebanese Prime Minister-designate Saad Hariri resumed his efforts to form the new government following his return from Saudi Arabia where he spent Eid al-Fitr.

Several meetings he held after the holidays led to the elimination of most obstacles hindering the cabinet’s"...

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Jun 24

Merkel finds a familiar attitude to refugees in Lebanon

Merkel finds a familiar attitude to refugees in Lebanon

German chancellor Angela Merkel’s visit to Lebanon at the weekend focused primarily on the main issue plaguing her at home as well – how to deal with refugees and migrants.

But while Mrs Merkel ...

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Jun 24

IMF sees Lebanon's fiscal deficit widening in 2018

IMF sees Lebanon's fiscal deficit widening in 2018

Lebanon needs “immediate and substantial” fiscal adjustments to improve its public debt, which has reached more than 150 per cent of its gross domestic product last year, the International Monetary Fund said.

The"...

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Jun 24

 Lebanon credit rating outlook stable: Moody’s

Lebanon credit rating outlook stable: Moody’s

The credit profile of Lebanon (B3 stable) reflects challenges stemming from a very large public debt burden, which, at 142.1% of GDP in 2017 (excluding domestic debt holdings by public entities amounting to 11.5% of GDP) is among the largest in the Moody's rated universe.
...

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