This is Beirut 12:15 - Reading : 2 minute(s)
United States Google AI Bubble Alphabet
The head of Google's parent company, Alphabet, warned that every company would be impacted if the AI bubble were to burst, in an interview to the BBC. Sundai Pichai acknowledged there was "irrationality" behind the boom in artificial intelligence investment, which has fueled a tech rally this year. But fears that the AI bubble could burst have ...
This is Beirut 11:00 - Reading : 1 minute(s)
Low-cost airline flydubai announced an order for 150 Airbus A321neo jets on Tuesday, more than doubling its fleet as it pursues an aggressive expansion plan. The Emirati company's first Airbus order is an "exciting step in expanding and diversifying our fleet", chairman Sheikh Ahmed bin Saeed Al Maktoum told a press conference at the Dubai ...
Liliane Mokbel 17/11 20:35 - Reading : 3 minute(s)
Lebanon Saudi Arabia Bahrain Gulf Kuwait Trade
Signs of warning relations between Lebanon and Saudi Arabia are becoming increasingly evident. Many see it as long overdue for Lebanon to reclaim its place within its natural sphere: the Arab world. On Monday, Prince Yazid bin Farhan, advisor to the Saudi Foreign Minister, visited Beirut with a technical delegation. The visit aimed to explore ...
Liliane Mokbel 17/11 15:30 - Reading : less than a minute
Byblos Bank chief economist Nassib Ghobril answers This is Beirut’s questions about the consequences of the systemic crisis.
This is Beirut 17/11 11:25 - Reading : less than a minute
Emirates ordered 65 Boeing 777X planes in a deal worth $38 billion on Monday, delivering a boost to the US manufacturer on day one of the Dubai Airshow. Deliveries are expected to start from the second quarter of 2027 under the deal, which also includes 130 GE9X engines from General Electric. "It's a long-term commitment that supports hundreds ...
Liliane Mokbel 15/11 15:00 - Reading : 1 minute(s)
Banks United Arab Emirates United Nations
According to World Population Review, the cost of electricity in Lebanon stands at $0.137 per kilowatt-hour (kWh). This makes the country the most expensive in the region and ranks it 74th worldwide out of 146 countries analyzed. In the region, Morocco follows with $0.121/kWh (86th), Jordan with $0.090/kWh (99th), the United Arab Emirates with ...
Liliane Mokbel 14/11 18:50 - Reading : 2 minute(s)
Central Bank of Lebanon Lebanon Hezbollah US Treasury economy money laundering
On November 14, 2025, BDL issued Decision No. 13769, Circular No. 3, introducing a new “Know Your Customer” (KYC) form for all cash, foreign exchange, and money transfer transactions of $1,000 or more, and their equivalent. The measure applies to all non-banking financial institutions under BDL’s supervision, including financial companies, ...
This is Beirut 14/11 09:35 - Reading : 3 minute(s)
European Union USA Google Fine Advertising
Google on Friday announced changes to its advertising services to avert the risk of a breakup, two months after Brussels hit the US giant with a massive fine. The European Commission slapped a 2.95-billion-euro ($3.43 billion) antitrust fine on Google for favoring its own services in September, giving the company 60 days to resolve the issues ...
This is Beirut 12/11 20:00 - Reading : 2 minute(s)
Lebanese economist and columnist Antoine Farah told Huna Lubnan that the Lebanese state bears full responsibility for the misuse of public funds both before and after the financial crisis, noting that what was once unclear prior to the 2019 collapse has now become indisputable. Farah argued that the state, working hand-in-hand with the ...
This is Beirut 12/11 11:25 - Reading : 2 minute(s)
Global wine production is on course for a modest recovery in 2025 after suffering a sharp downturn last year, the industry's international body said Wednesday. Output will, however, continue below recent averages as climate change and changing consumer habits take their toll, the International Organization of Vine and Wine (OIV) said in a ...
This is Beirut 11/11 13:00 - Reading : 2 minute(s)
Nawaf Salam Demon Slayer Tokyo Culture Cinema Art
Shares in Japanese giant Sony jumped more than five percent Tuesday after it hiked full-year profit forecasts thanks to the latest Demon Slayer anime blockbuster. The company also attributed the improved forecasts to higher expected sales of its PlayStation console and a smaller-than-anticipated impact from US tariffs. For the 2025-26 financial ...
This is Beirut 11/11 10:40 - Reading : 4 minute(s)
Lebanon Banks International Monetary Fund Alain Hakim
Lebanon’s financial and economic situation is going through an unprecedented crisis “that requires decisive measures to restore confidence and protect depositors’ funds, while clarifying the responsibilities of the State.” These are the words of Alain Hakim, former Minister of Economy, summarizing the depth of the country’s economic ...