Lebanon

December 18, 2000

02:00 GMT

The Israeli army Monday morning fired three shells on southern Lebanon from the disputed Shebaa farms area.

02:00 GMT

Lebanon\'s Hizbollah movement has refused to exchange information on three Israeli soldiers it has been holding for the bodies of fighters killed duri

02:00 GMT

Lebanon’s minister of industry, George Frem, introduced a 12-point “rush” program, which he said was designed to lower production costs for industrialists and increase the competitiveness of locally m

02:00 GMT

Lebanon’s finance minister, Fouad Siniora, has announced that the government will extend a subsidy program which would reduce the cost of borrowing for small- and medium-sized businesses.

December 17, 2000

02:00 GMT

Lebanese President Emile Lahoud rejects any potential change in the Palestinian position on refugees\' right of return, insisting that refugees in Leb

02:00 GMT

Casino du Liban has paid $13 million to the Treasury this month in response to the Finance Ministry\'s demand for a share of slot-machine revenues, th

02:00 GMT

Russia is considering “suitable ways” of participating in the removal of thousands of landmines planted by Israel during its 22-year occupation of the

02:00 GMT

A memorandum of understanding was signed on Friday by the energy ministers of Lebanon, Egypt and Syria for the building of a $1bn gas pipeline.

02:00 GMT

Finance Minister Fouad Siniora declared that the government would extend a 1997 subsidy program in an attempt to reduce interest on commercial loans for projects in the tourism, agriculture, industria

02:00 GMT

The eurobond market was mostly quiet last week, except for some attention paid to the new four-year $400 million sovereign bond issued by the ministry of finance last week in a deal managed by Credit

02:00 GMT

The higher volume this week on the Beirut bourse, up 57.8 percent at 223,888, is somewhat deceiving as an indicator of activity, as 89 percent of that total was concentrated in Solidere “A”.

02:00 GMT

Heading towards year-end, the local foreign exchange market stood relatively quiet with the limited demand for US dollars being absorbed comfortably by banks, thus allowing the Central Bank to remain

02:00 GMT

Lebanon’s central bank governor, Riad Salameh, stated this week that the recent reduction in customs duties along with the introduction of the open skies policy “can help GDP growth to reach three per

02:00 GMT

Lebanon, Syria and Egypt signed an estimated one-billion-dollar deal Friday for the transport of Egyptian and Syrian natural gas for sale locally, regionally and in Europe.

02:00 GMT

Activity for the Beirut Stock Exchange was subdued for the week, with sentiment still in a wait-and-see mode, as markets await draft budget activity.