Lebanon

January 21, 2001

02:00 GMT

Demand for the Lebanese pound was witnessed this week, as the recent lowering of short-term rates in the U.S. has a knock-on effect on U.S. dollar rates worldwide. As a result, the spread between U.S.

January 20, 2001

02:00 GMT

Municipalities and factories in Lebanon were given a four-month ultimatum to stop dumping waste in the Litani River.

02:00 GMT

LibanCell and the National Bank of Kuwait-Lebanon (NBK) introduced a new \"cell-banking\" service on Friday that will allow the bank\'s customers to c

02:00 GMT

Lebanese Prime Minister Rafiq Hariri arrived on Saturday in Kuwait for a two-day official visit to the Gulf country, where he is to sign agreements on

January 18, 2001

02:00 GMT

The Lebanese Ministry of Post and Telecommunications intends to slice costs of telecoms, in a bid to invite foreign investments.

02:00 GMT

Lebanon\'s finance ministry said Wednesday that the budget deficit rose to a huge 56.3 percent of spending in 2000, up from 42.4 percent the year befo

02:00 GMT

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

02:00 GMT

Lebanese prime minister Rafiq Hariri will leave for Kuwait on Saturday for bilateral and regional talks.

02:00 GMT

Beirut will host an Islamic banking conference in March with the participation of more than twenty-five Arab and foreign representatives.

02:00 GMT

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

02:00 GMT

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

02:00 GMT

Italy will donate $250,000 to help Lebanon clear landmines in the south.

02:00 GMT

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.

02:00 GMT

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

02:00 GMT

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