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U.S. Federal Reserve latest

Customer deposits grew by $4.7 billion in the first half of this year, in line with average first half growth of the previous five years, to reach $173.3 billion at the end of June.(Shutterstock)

August 8th, 2018 - 12:19 GMT

Report: Deposits in Lebanese Banks Exceed $170 Billion

The financial results of the Lebanese banking sector saw growth in customer deposits and assets in the first six months of 2018 compared to the same period of last year.

As the Lebanese bid farewell to 2017, economists are busy now analyzing the challenges Lebanon will face in 2018 hoping to revitalize the sluggish economy. (Ibrahim Chalhoub/ AFP)

January 8th, 2018 - 02:00 GMT

Challenges Facing Lebanon in 2018, and How to Solve Them

Lebanon will not be affected by hikes in US interest rates. (Shutterstock)

March 20th, 2017 - 12:51 GMT

Interest rates in Lebanon not affected by US Fed’s rate hike

Barclays, Byblos Bank, Societe Generale de Banque au Liban and JPMorgan will co-manage the eurobonds issuance. (World Finance)

March 12th, 2017 - 11:00 GMT

Lebanon appoints four banks for $1.5B eurobond issue

Khalil did not reveal the size of the eurobonds which will be launched in 2017 or the yields on these bonds. (Shutterstock)

February 28th, 2017 - 07:00 GMT

Lebanon prepares to issue new eurobonds in 2017

Lebanon's imports from Britain stand at only $600 million a year while exports to the country are valued at $40 million. (LinkedIn)

June 27th, 2016 - 05:00 GMT

Lebanon expects Brexit benefits in EU import bills

Al Bawaba

December 17th, 2015 - 01:30 GMT

Emerging markets calm following US Fed rate hike

The price of Brent crude oil fell below $50 per barrel last Monday. (AFP/File)

August 5th, 2015 - 06:45 GMT

Brent oil prices fall to the lowest level since January

Al Bawaba

July 2nd, 2015 - 05:08 GMT

More efforts needed to nurture US-Arab bank relations

Al Bawaba

June 18th, 2015 - 12:40 GMT

Hezbollah-linked banker resigns, son takes over Middle East Africa Bank

Dubai’s index dropped 3.6 percent to a 10-week low of 3,408 points. All major stocks fell sharply and only a handful of small-caps closed higher.

March 19th, 2015 - 12:11 GMT

Panic sell-offs: Gulf markets slide after U.S. oil hits six-year low

The central bank on Tuesday made its most clear commitment yet to ramping up its support of the lira, promising to sell at least $6 billion in foreign currency by the end of January.

December 26th, 2013 - 03:55 GMT

Turkish markets hit hard by corruption scandal, and it's about to get worse

Goldman Sachs said Monday it expected tighter oil markets to propel Brent to $115 “in the very near term.”

August 20th, 2013 - 07:00 GMT

Libya, Egypt push oil prices up to $110 a barrel