Economy

NSSF Reports Strong Recovery in Healthcare Services
NSSF Reports Strong Recovery in Healthcare Services

The Director General of the National Social Security Fund (NSSF), Mohammad Karaki, announced a notable rebound in healthcare services and a gradual restoration of public trust, amid ongoing efforts to modernize and enhance transparency within the institution. Karaki said the NSSF is working to update medical tariffs and ensure the continuity of ...

Touch Addresses Service Disruptions Following System Upgrade
Touch Addresses Service Disruptions Following System Upgrade

Mobile network operator Touch announced on Monday that some subscribers using older SIM cards experienced service issues following the overnight migration of its customer base to a new operating system, part of the company’s ongoing upgrade of its CS Core Network. In a statement, the operator said that its technical teams were working ...

Port of Beirut Terminal Earns International Security Certification
Port of Beirut Terminal Earns International Security Certification

The management of the Port of Beirut announced on Monday a significant achievement in collaboration with the CMA Beirut Terminal container station, which has obtained certification of compliance with the International Ship and Port Facility Security (ISPS) Code. The accreditation was granted after the terminal successfully met all required ...

Constitutional Council Upholds Banking Authority and Ties Bank Reform Law to Gap Law
Constitutional Council Upholds Banking Authority and Ties Bank Reform Law to Gap Law

Lebanon’s Constitutional Council issued a ruling partially annulling Law No. 23/2025 on banking reform and restructuring, following an appeal filed by ten MPs. In form, the Council accepted the appeal, as it was filed within the legal timeframe and met all procedural requirements. In substance, it decided to annul parts of the contested ...

Lebanon Rushes for Aluminium as Imports Surge
Figure of the weekLebanon Rushes for Aluminium as Imports Surge

In the first half of 2025, aluminium imports rose by 70% compared with the average for the same period over the past four years. This increase reflects strong demand driven by reconstruction efforts. The price per tonne currently stands at around $4,234, slightly below the recent average of $4,700. However, it remains high compared to the peaks ...

Lebanon’s Auto Market Rebounds with Electric Vehicle Incentives
Lebanon’s Auto Market Rebounds with Electric Vehicle Incentives

Lebanon’s new car sales continue their recovery, supported by the reopening of vehicle inspection centers, simplified procedures through LibanPost and tax incentives for electric vehicles. Despite persistently high market risks, Fitch Solutions forecasts growth of 10% in 2025. From January to August 2025, new car registrations jumped 39.2% to ...

Oil: Overflowing Supply, Clouded Outlook
Oil: Overflowing Supply, Clouded Outlook

Oil markets face a striking paradox: crude prices remain resilient despite a looming oversupply. Global production is swiftly rising, yet the lack of reliable data on certain stockpiles and sanctioned oil makes it difficult to assess the true balance between supply and demand, according to Reuters and the Financial Times. Analysts agree that ...

Building Modern, Accessible Digital Finance for All
Building Modern, Accessible Digital Finance for All

At a press conference on Friday at the Ministry’s headquarters, Finance Minister Yassine Jaber unveiled a roadmap to establish a digital financial administration that is efficient, transparent and citizen-focused. This transformation is built around four key pillars: Electronic Notifications Registered taxpayers now receive all official ...

PMI Hits Record Increase in September
PMI Hits Record Increase in September

The BLOM Purchasing Managers’ Index (PMI) for September shows a historic rebound in Lebanon’s private sector, driven by a rapid rise in production and new orders, despite ongoing concerns over inflation and security. According to BLOM’s September 2025 PMI results, Lebanon’s private sector activity saw a notable improvement. The index rose ...

Touch to Upgrade Network: Temporary Service Outage on October 5
Touch to Upgrade Network: Temporary Service Outage on October 5

Mobile operator Touch announced on Friday a major technical migration of its customer base to a new operational system, scheduled overnight from Sunday, October 5, to Monday, October 6, 2025. The upgrade, carried out with the support of Nokia and Huawei, may cause a temporary interruption of certain services. Touch stated in a press release that ...

Prada Acquires Versace in Major Luxury Move
Prada Acquires Versace in Major Luxury Move

It’s official: Prada received EU approval on Tuesday to acquire Versace in a deal valued at €1.25 billion (around $1.38 billion). Regulators cleared the transaction, ruling that it will not harm competition given the relatively limited global market share of both brands. The acquisition marks a pivotal step for the Italian giant. Beyond mere ...

Washington Allocates $230 Million for Lebanese Army and ISF Ahead of Shutdown
Washington Allocates $230 Million for Lebanese Army and ISF Ahead of Shutdown

Just hours before a government shutdown, the United States confirmed a new security aid package for Lebanon. The Lebanese Army and the Internal Security Forces (ISF) will receive $230 million in funding, a strong political signal of support for state institutions. According to Reuters, the US administration approved the funding on September 30, ...