Lebanon

October 15, 2000

03:00 GMT

The BLOM Stock Index regained some of the ground it lost in recent weeks as domestic considerations overshadowed regional events.The skeptics may suggest that the domestic economic and financial scene

03:00 GMT

According to the latest report of ABL the total number of employees in 69 of the 73 banks operating in Lebanon has risen from 14,969 in 1998 to 15,153 end of 1999 (+1.2 percent).

October 13, 2000

03:00 GMT

The Lebanese army prevented Palestinian refugees from reaching the borders with Israel, a day after Israel warned that protestors throwing projectiles

03:00 GMT

Israeli warplanes carried out mock air raids over the port city of Tyre and other regions of southern Lebanon Friday.

03:00 GMT

A commitment has been made by the government of Lebanon to maintain the value of the Lira against a stronger and more stable currency, like the EURO or the $US. The public debt has reached new highs t

03:00 GMT

Despite thin trading in the Eurobond market, the price of some sovereign bonds were marked down slightly as demand lacked, although the supply situation was no better off.

03:00 GMT

Banque du Liban et d’Outre-Mer SAL (BLOM) was granted this week a license to open a branch in Damascus’ free zone.

03:00 GMT

Lebanese Central Bank governor, Riyad Salameh, declared that the bank’s policy of strengthening the Lebanese banking sector consists of improving capitalization, containing its risk exposure and follo

03:00 GMT

Intra Investment Corp, that controls 51 percent of Companie du Casino du Liban SAL (CCL), has decided to call for a general assembly to relieve CCL’s current board of directors and its chairman from t

03:00 GMT

The Arab Banking Corporation (ABC), the Arab world’s largest bank, announced it is arranging two loans worth $230 million for two banks in Egypt and Bahrain.

October 12, 2000

03:00 GMT

Out of nowhere, the singer decided to enter a monastery and dedicate the rest of his life to “serving the Lord.” There was no talk of the move before

03:00 GMT

United Nations Secretary General Kofi Annan arrived in Beirut on a new leg of his Middle East peacemaking mission, switching the focus from the Israel

03:00 GMT

Hizbollah wants the release of "all the prisoners and hostages held by Israel" in return for three Israeli soldiers it is holding, says Iranian Foreig

03:00 GMT

ِِA Canadian delegation recently visited Lebanon, signing agreements worth a potential $10.5 million for projects in Lebanon.

03:00 GMT

Company Press Release:  Beirut — With the Levant region’s continued tech-savvy approach to business, the demand for training and support services is on the increase. In response to this growing demand