Lebanon

December 24, 2000

02:00 GMT

Lebanon signed a contract with French transportation firm SEMVAT and the French regional council of Midi Pyrenes to reform the country’s public transportation system and railway lines.

02:00 GMT

Societe Generale Libano Europeenne de Banque and Cellis introduced a new service, SOGECELL, aimed at enabling people to conduct secure banking transactions via cellular phones. Clients will be directl

02:00 GMT

Societe Generale Libano Europeenne de Banque (SGLEB) agreed to purchase from Nabil Aoun, head of Fidus’ board of directors, the remaining 33 percent of brokerage firm Fidus that it does not already ow

02:00 GMT

The last full trading week of 2000 witnessed volume on the Beirut bourse which shot-up 478 percent to over 1.2 million shares, but that did not reflect any sudden revitalization of the market nor any

02:00 GMT

The Lebanese pound appears to be ending the year on a bit of a high, as demand for the dollar continued to weaken despite the onset of the holiday season. In interbank trading, the local currency rang

02:00 GMT

Purchase TB subscriptions edged up slightly by 2.33 percent to LP451.94 billion ($299.79 million) at the December 14 auction, while maturing bills rose 22 percent to LP340.8 billion ($226.07 million),

02:00 GMT

Trading in Lebanese eurobonds was quiet as usual, particularly so at this time of year. Sovereigns witnessed some demand for the new December 04 bond, but supply was not forthcoming, with a similar st

December 22, 2000

02:00 GMT

More than a thousand Hizbollah supporters gathered Friday to watch a parade staged by fighters of the Shiite Muslim militia in southern Beirut, for th

02:00 GMT

Dozens of Lebanese Hizbollah youths hurled Friday stones on an Israeli border point to mark the annual Jerusalem Day in support of the Palestinian str

December 21, 2000

02:00 GMT

The former head of Lebanon\'s General Directorate of Antiquities, his two sons and five other people received prison sentences Thursday for embezzling

02:00 GMT

Israeli caretaker Prime Minister Ehud Barak said Thursday that the situation on the country\'s northern border with Lebanon was \"delicate,\" amid war

02:00 GMT

The remains of French soldiers killed in Lebanon in 1925 that had been found and kept by a local family were handed over to the French embassy in a ce

02:00 GMT

Barring the possibility of regional instability, the Lebanese economy could growth of three percent and more during 2001, said Riad Salameh, the governor of the country’s central bank.

December 20, 2000

02:00 GMT

The total budget deficit in Lebanon in the first 11 months of the year amounted to $3 billion, or 52.2 percent of spending

02:00 GMT

Lebanon\'s higher defense council, the country\'s top political body, met Wednesday for the first time since 1993, sending a message to the Palestinia