January 18, 2001
Lebanon plans to introduce a sales tax on consumer products and not value added tax (VAT), as had been planned by the previous government, Prime Minister Rafiq Hariri said Wednesday.
January 17, 2001
Lebanese prime minister Rafiq Hariri will leave for Kuwait on Saturday for bilateral and regional talks.
Beirut will host an Islamic banking conference in March with the participation of more than twenty-five Arab and foreign representatives.
Lebanon\'s finance ministry said Tuesday it has proposed a 2001 budget of $6.6 billion, with expenditure totaling more than 50 percent of revenue, as the government tries to jumpstart a struggling eco
Lebanon will host a conference on transparency and risks in Islamic banking institutions in March, organizers said Tuesday, January 16. The conference—entitled "transparency, limitations, and managing
January 16, 2001
Italy will donate $250,000 to help Lebanon clear landmines in the south.
Emir Sheikh Jaber Al-Ahmad Al-Sabah has said Kuwait will help finance a huge irrigation and power generation project in southern Lebanon, Lebanese parliamentary speaker Nabih Berri said Wednesday.
The new Lebanese government of PM Rafiq Hariri, which came to power October 2000, will be primarily concerned with lifting the country out of recession and boosting economic growth, according to the L
January 14, 2001
Lebanon\'s Minister of Power and Hydraulic Resources Mohamed Abdel Hamid Beydoun declared this week that the joint Lebanese-Syrian Electricity Committee agreed on rescheduling an Electricite du Liban
Newspaper reports quoting government officials disclosed that a committee has been formed to negotiate with cellular network operators, Cellis and LibanCell, to find a solution to the dispute over all
Banque Saradar S.A.L. is working on the creation of a new fund aimed at investing in small and young Lebanese companies. According to Carlos Hneineh, head of the bank’s strategic planning and marketin
Bank of Beirut S.A.L. (BoB) released unaudited results for 2000 showing net income rose 6.1 percent to $19.2 million. Interest income from treasury bills increased 16.8 percent to $76.6 million, helpi
Monetary authorities declared this week that the Lebanese Parliament is on its way to approving a law aimed at curbing money laundering from corruption, drug money, and illegal weapons trade. Lebano
A joint effort between the Interior Ministry and the World Bank was announced this week to fund a $100 million infrastructure project to improve the social and economic conditions in the country’s 707
In the wake of the previous week’s rates cut in the U.S., the rare sight of a number of price changes was witnessed in the Lebanese eurobond market, and it was not confined to sovereign bonds alone. L