February 5, 2001
Industrialized nations announced Thursday, February 1, they would retain all 15 countries on their blacklist of suspected money launderers, despite noting some improvements.
February 4, 2001
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.
Banque Europeene pour le Moyen-Orient S.A.L. (BEMO) published its unaudited financial statements for 2000 showing net income at LP5.22 billion $3.47 million), up 16.7 percent from LP4.48 billion ($2.9
Byblos Bank released its unaudited 2000 financial statements reporting a consolidated net profit of $46.82 million, down 6.81 percent from 1999, while total assets increased by 12.1 percent to $4.07 b
Lebanese Banque Audi S.A.L. announced its 2000 results with consolidated unaudited net profits 10.02 percent down to LP51.71 billion ($34.3 million), corresponding to earnings per share of $2.13.
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.