February 4, 2001
BLOM Bank S.A.L. (formerly named Banque du Liban et d’Outre-Mer), the largest bank in Lebanon, announced that its consolidated net profits for full year 2000 rose 11 percent from $70.68 million in 199
Purchase TB subscriptions resumed their increase as they gained 28.6 percent at the January 25 auction, to LP517.37 billion ($343.2 million), while maturing bills rose 35.1 percent to LP337.49 billion
After several weeks of relative calm, the Lebanese pound found itself under renewed pressure this week. The prospect of an impending victory by the hawkish Ariel Sharon in the upcoming prime ministeri
Just as it seemed that the local equity market had put its lows behind it, the BLOM Stock Index plumbed new depths this week, slumping to a new bottom of 560.41.
Lebanon should be removed from the OECD's blacklist of suspected money launderers in June, the secretary general of the Association of Lebanese Banks, Makram Sader, said Friday, February 2.
Fitch IBCA said Friday, February 2, it downgraded its long-term foreign and local currency ratings on the Republic of Lebanon and changed its outlook to stable from negative.
Energy ministers of Lebanon, Egypt and Syria, and Jordan signed on Sunday a $1bn deal for the transfer and sale of natural gas between the four countries.
February 3, 2001
US academic, Dean S. Kevlin, resigned Saturday and was soon to head back home, a day after raising concerns by disappearing for 24 hours and then bein
Two children were killed Saturday in an explosion caused by a gas leak inside a shop in Beirut.
Lebanese businessmen are urged to “go east\" and invest in telecommunications infrastructure and internet ventures.
Nine Lebanese babies received a second chance at life this week when a Swiss medical team arrived in Beirut to perform open-heart surgeries for free.
February 1, 2001
ƒnMail Boxes Etc.(MBE),a global franchise of one-stop shops that offer a range of services such as postal, communication, Internet and business services, has started operations in Lebanon.
January 31, 2001
Lebanon could sign an economic partnership pact with the European Union (EU) in a year’s time, minister of economy and trade, Basil Fuleihan, said.
World Bank President James D. Wolfensohn promised "tremendous" support to Lebanon, which suffers from a debt of about $25 billion, if it decides to "live within its means."
World Bank President James D. Wolfensohn promised \"tremendous\" support to Lebanon, which suffers from a debt of about $25 billion, if it decides to \"live within its means.\"