Lebanon

January 21, 2001

02:00 GMT

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

02:00 GMT

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.

02:00 GMT

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

02:00 GMT

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

02:00 GMT

Lebanon’s revenue from customs duties, the government’s major source of income, dropped by 21.58 percent in December from November 2000.

02:00 GMT

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

02:00 GMT

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

02:00 GMT

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

02:00 GMT

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

02:00 GMT

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.

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.