Lebanon

January 28, 2001

02:00 GMT

The Lebanese pound continued to firm in the local foreign exchange market, as little demand for the dollar was registered. Lower US interest rates, expected to be cut further, have increased the appea

02:00 GMT

TB purchase subscriptions fell markedly at the January 18 auction, shedding 36.92 percent to land at LP402.18 billion ($266.8 million) with maturing bills losing 42.87 percent to LP249.75 billion ($16

02:00 GMT

BLOM Bank S.A.L. (previously named Banque du Liban et d’Outre-Mer) has announced that, in compliance with practice in international financial markets, the Central Bank of Lebanon has given its approva

02:00 GMT

The world’s biggest food company, Nestle, finalized last week the full acquisition of Lebanon’s major mineral-water producer, Sohat, after several weeks of negotiating details. An official from Nestle

02:00 GMT

The advisor to the Chairman of Lebanese Fransabank, Joe Sarrouh, disclosed that Fransabank S.A.L. is on its way to setting up an investment-banking arm in the next two to three months, with an expecte

January 27, 2001

02:00 GMT

The United Nation peace keeping forces in Lebanon (UNIFIL) confirmed on Friday that Israeli engineers are working north of the Blue Line in Ghajar are

02:00 GMT

Germany is studying the possible deportation of approximately 2,400 Lebanese and refugees of other nationalities who previously lived in Lebanon.

January 26, 2001

02:00 GMT

Lebanese Prime Minister Rafiq Hariri will head on Saturday for Oman, at the head of a ministerial delegation to hold talks with senior Omani officials

January 25, 2001

02:00 GMT

Lebanon\'s interior minister, Michele Murr, will raise the idea of an “Arab police force” at an upcoming meeting of Arab interior ministers in Tunisia

January 24, 2001

02:00 GMT

Fransabank, one of Lebanon\'s largest banks, will set up an investment banking arm in the next two to three months, officials told the Daily Star on T

02:00 GMT

Banque Audi\'s plans to buy a majority stake in Lebanese brokerage firm Financial Funds Advisors appear to have ended in failure, a source close to th

02:00 GMT

Lebanon\'s Prime Minister Rafiq Hariri will start Saturday an official visit to Oman, during which he will hold talks with Sultan Qaboos and other sen

02:00 GMT

The Lebanese government loses $1.5 billion annually because of corruption in the administration, according to a report by the United Nations report published here on Tuesday.

January 23, 2001

02:00 GMT

A UN-commissioned corruption assessment report has found that the Lebanese government loses more than $1.5 billion a year as a result of graft.

02:00 GMT

Lebanese government announced various measures aimed at improving Lebanon’s image abroad and reducing the cost of visiting and doing business in Lebanon.