Christiane Tager 22/08 21:00 - Reading : 2 minute(s)
Donald Trump Europe USA White House dollar
The dollar has reigned as the undisputed king of currencies since World War Two, but 2025 began with a sharp decline. In just six months, it lost more than 10% of its value, reaching its weakest level since 1973, according to Morningstar. Erratic trade policies under Donald Trump, coupled with mounting tensions with the Federal Reserve, have left ...
This is Beirut 22/08 09:35 - Reading : 2 minute(s)
Meta has made a cloud computing deal with Google worth more than $10 billion over the course of six years, a source close to the transaction told AFP Thursday. The source confirmed a report at tech news outlet The Information about the arrangement, which will include Meta using Google datacenter servers, storage, networking and other ...
This is Beirut 21/08 18:30 - Reading : 1 minute(s)
Fayez Rasamny Public Transport Buses Jounieh Highway Lebanon
The Parliamentary Committee for Public Works, Energy and Water convened under the chairmanship of MP Sagih Atieh, with Public Works and Transport Minister Fayez Rasamny in attendance. At the end of the session, Atieh announced the allocation of nearly $40 million in funding for expropriations and the widening of the Jounieh Highway. With studies ...
This is Beirut 21/08 14:35 - Reading : less than a minute
lebanon South Lebanon North Lebanon Beqaa Nabatieh Beirut Mount Lebanon
In July, Lebanon’s consumer price index (CPI) increased by 1.32% compared to the previous month and by 14.27% year-on-year, the Central Administration of Statistics (CAS) reported. The monthly CPI changes for July 2025 by region are as follows: Beirut: +1.87% Mount Lebanon: +1.46% North Lebanon: +1.10% Bekaa: +1.10% South Lebanon: ...
This is Beirut 21/08 12:35 - Reading : 1 minute(s)
The Lebanese Tenants’ Rights Commission has once again raised the alarm, accusing certain landlords and real estate developers of using “illegal methods, including threats,” to force families out of their homes. In a statement on Thursday, the commission emphasized that tenants “are not illegal occupants,” but families who have paid ...
Christiane Tager 20/08 21:30 - Reading : 2 minute(s)
Gulf Saudi Arabia agriculture lebanon
In many mountain communities, apples are far more than a dessert – they are an economic pillar. Families depend on the harvest to cover schooling, healthcare and daily expenses. When apples go unsold, the entire rural economy wobbles. Juice, jams, artisanal cider and vinegar exist as alternatives, but they are insufficient to handle ...
This is Beirut 20/08 12:50 - Reading : less than a minute
Egypt is preparing a major energy project to export electricity to Iraq, Syria, and Lebanon via a new submarine cable through Jordan, with an initial capacity of 2,000 megawatts. The announcement follows a visit by Egyptian Prime Minister Mostafa Madbouly to Amman, where he met with his Jordanian counterpart to discuss expanding regional energy ...
Christiane Tager 20/08 09:00 - Reading : 2 minute(s)
Covid-19 New York United Kingdom
Buying a Hermès or Chanel bag is no longer just a style statement – it has become a serious investment. Take the legendary Birkin. A Baghunter study found it delivered average annual returns of 14.2% over 35 years, outpacing the S&P 500’s 11.7% in the same period. Even more remarkable, some rare or exotic models have doubled in value in just ...
This is Beirut 19/08 16:55 - Reading : 2 minute(s)
Banks Central Bank of Lebanon Gulf lebanon economy
The latest index of the Beirut Traders Association-Fransabank (Q2 2025) shows the first signs of a recovery in local markets, a welcome development as the World Bank forecasts 4.7% GDP growth for Lebanon in 2025 and a sharp drop in inflation. The retail trade index rose to 33.13 points in Q2 2025, up from 30.01 the previous quarter (base 100 = Q4 ...
This is Beirut 19/08 09:40 - Reading : 1 minute(s)
Beirut Port Israel Imports Traffic Results
Despite Israel’s military escalation in Gaza and southern Lebanon, as well as Lebanon’s ongoing political, financial and social turmoil, the Port of Beirut continued to deliver strong results in the first half of 2025. According to Elie Zakhour, vice-president of the Arab Union of Maritime Navigation Chambers and former head of the ...
This is Beirut 18/08 13:05 - Reading : less than a minute
The National Social Security Fund (NSSF) has reported a sharp rise in health expenditures since the start of 2025, signaling early signs of recovery. Health benefits, including hospitalizations, medical care, and medications, have surged by 65% compared with the entire year of 2024. On August 18, the NSSF approved two new financial advances ...
Liliane Mokbel 18/08 11:00 - Reading : 4 minute(s)
Gulf Turkey lebanon iraq syria
Will Iraqi oil once again flow through Tripoli, capital of North Lebanon? The project is back on the table, but its outcome remains uncertain. Baghdad is signaling determination. Oil Minister Hayan Abdel Ghani confirmed that the option is under serious study. To show goodwill, he also mentioned the possible rehabilitation of Kirkuk-Baniyas ...