Lebanon

February 11, 2001

02:00 GMT

The Lebanese foreign exchange market was relatively quiet last week, February 9, characterized by subdued trading. Central Bank intervention in supplying dollars was very limited, as demand for the U.

02:00 GMT

Despite last week’s downgrading by credit agency Fitch, attention in the Eurobond market was more focused on the new tapped sovereign issue of $200 million, adding to the existing semiannual $400 mill

02:00 GMT

According to the latest BDL statistics, Lebanon registered a balance of payments (BoP) deficit in December 2000 of $133.5 million compared to a deficit of $65.3m in November, and a $95 million surplus

02:00 GMT

During his three-day visit to Japan this week, Prime Minister Rafik Hariri and the accompanying Lebanese delegation were met with growing Japanese interest for investing in Lebanon, quite apart from c

02:00 GMT

European Commission President Romano Prodi vowed here Friday, February 9, to encourage EU banks and private firms to invest in Lebanon and promised to help demining operations in once Israeli-occupied

February 10, 2001

02:00 GMT

Lebanon's Prime Minister Rafiq Hariri and European Commission President Romano Prodi agreed Friday to speed up negotiations for a Euro-Med partnership

February 8, 2001

02:00 GMT

The Lebanese cabinet approved a draft law to incorporate the Council for Greater Beirut Projects and the Council for Construction Projects into the Council for Development and Reconstruction.

02:00 GMT

The Port of Beirut reported that revenues dropped by almost 6 percent in 2000 as a result of Lebanon’s reduced import bill.

02:00 GMT

Lebanon’s Economy and Trade Minister Basil Fuleihan declared that Lebanon could sign an economic partnership pact with the European Union within one year.

02:00 GMT

The Environmental Sustainability Index, a broad indicator of the state of the environment in 122 countries, ranked Lebanon 109th worldwide and 9th among 12 countries in the Middle East and Nor

02:00 GMT

World Bank President James Wolfensohn urged the Lebanese people to achieve true national reconciliation as a key condition for shoring up the deteriorating economy, and called on the government to red

02:00 GMT

The Economist Intelligence Unit forecasts Lebanon's real GDP growth at two percent in 2001 and three percent in 2002, citing PM Hariri’s program of stimulating economic growth and encouraging trade an

February 7, 2001

02:00 GMT

Lebanon,Egypt,Syria and Jordan signed a $1-billion deal to build two pipelines that will carry Egyptian and Syrian gas and that is expected to cut Lebanon’s annual energy-import bill by 30 percent.

02:00 GMT

Activity on the Beirut Stock Exchange receded in January compared to December. Aggregate volume dropped 44.6 percent to 931,171 shares and value fell 43.9 percent to $5.65 million, of which 81 percent

February 6, 2001

02:00 GMT

Several hundred Palestinian refugees demonstrated Tuesday in front of the UN offices in the southern Lebanese city of Tyre, calling both candidates in