January 22, 2001
The Lebanese ministry of post and telecommunications is considering reducing monthly subscriptions and local calls connection fees with the aim of increasing the volume of calls.
The Lebanese budget registered a primary deficit of $616.04 million in December, as the deficit-spending ratio increased to 79.98 percent from 62.88 percent in November 2000.
January 21, 2001
An attractive shopping season will start in Lebanon in February with the inauguration of 2001’s Shopping and Tourism Festival under the name \"Fab Feb
Arab Bankers agree at a conference that catching up with e-banking is a step that should be taken by the banks in the Arab world.
Lebanese Prime Minister Rafiq Hariri started Saturday a two-day visit to Kuwait during which he is expected to sign several economic agreements with t
Famous Lebanese singer Sabah has returned to Beirut after spending six months in the United States where she has been convalescing after suffering from a heart attack
Lebanon’s revenue from customs duties, the government’s major source of income, dropped by 21.58 percent in December from November 2000.
Cellular phone network operator LibanCell and National Bank of Kuwait –Lebanon (NBK) launched last week a “cell-banking” service that will enable NBK customers to carry out various banking transaction
Lebanon\'s ministry of finance released on Monday, January 15, the draft 2001 budget, before being endorsed by Parliament. The budget forecasts total revenues of $3.25 billion and spending of $6.62 bi
The BDL’s bi-weekly balance sheet revealed that its gross foreign exchange reserves increased in the first-half of January 2001 by $12.24 million, to $5,945 million. On a year-to-year basis, the BDL’s
Lebanese Treasury Bills (TB) subscriptions resumed their increase as they gained 15.73 percent at the January 11 auction, to LP637.63 billion ($422.97 million), while maturing bills rose 3.34 percent
Lebanon’s BLOM Stock Index (BSI) had a bumpy ride this week, all on the back of Solidere, sinking to a new all-time low of 562.56 before recovering to 580.82 at the close.
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
Municipalities and factories in Lebanon were given a four-month ultimatum to stop dumping waste in the Litani River.
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