This is Beirut 03/05 21:20 - Reading : 1 minute(s)
Beirut-Baghdad, a partnership now under high tension! As Lebanon continues to face a chronic energy crisis, Finance and Energy Ministers Yassine Jaber and Joe Saddi embark on a joint visit to Iraq this Monday with the aim of salvaging the fuel oil supply agreement signed in 2021 – under which Baghdad supplies fuel to power Lebanese plants – ...
Liliane Mokbel 03/05 12:00 - Reading : less than a minute
According to the Traffic and Vehicle Management Authority (commonly referred to as "la Mécanique") and data from the research firm Information International, only 289,000 motorcycles were officially registered in Lebanon as of 2022. However, this number is believed to represent just 20% of the actual motorcycles on the road. In both 2023 and ...
This is Beirut 03/05 10:45 - Reading : less than a minute
USA Donald Trump Pope Francis Saudi Arabia Ukraine
The United States on Friday approved a $3.5 billion sale of missiles to Saudi Arabia, ahead of a visit to the kingdom by President Donald Trump. The State Department said it notified Congress of the deal that will include Saudi Arabia's purchase of 1,000 medium-range air-to-air missiles. The AIM-120 missiles, whose principal contractor is ...
Christiane Tager 02/05 22:00 - Reading : 4 minute(s)
Tik Tok USA Washington China Trade
Since Washington decided to strike hard with 145% tariffs, trade relations between China and the US have shifted from a negotiation table to a boxing ring. The blow is heavy: in 2024, the US alone accounted for nearly $500 billion in Chinese imports, making it Beijing’s largest commercial partner. In real terms, nearly one in five Chinese ...
This is Beirut 02/05 18:00 - Reading : 1 minute(s)
Wall Street stocks rose early Friday, digesting a better than expected US jobs report as Apple shares fell on a hit due to President Donald Trump's tariffs. The world's largest economy added 177,000 jobs last month, down slightly from the level in March but above analyst expectations. “The key takeaway from the report is that the ...
This is Beirut 02/05 17:15 - Reading : less than a minute
The Minister of Trade and Economy, Amer Bisat, held talks with representatives of the Food and Agriculture Organization (FAO) and the World Food Program (WFP), in the presence of the Director General of Cereals and Sugar Beet and the Director of Grain Silos. Discussions focused on the development of a national food security strategy and the ...
This is Beirut 02/05 16:50 - Reading : 1 minute(s)
Telecommunications Minister Charles Hage held an extended meeting on Friday with the newly elected board of the mobile telecom employees’ union, in the presence of the management teams from both Alfa and Touch. The meeting addressed employee rights, sector reform, and the need for a model based on merit and productivity. In his remarks, the ...
This is Beirut 02/05 16:40 - Reading : 1 minute(s)
In light of the ongoing challenges facing Lebanon’s energy sector, a Lebanese ministerial delegation will travel to Baghdad to strengthen cooperation with Iraq. Finance Minister Yassine Jaber and Energy Minister Joe Saddi will be in Baghdad on Monday to revive discussions with Iraqi authorities regarding the supply of fuel to Lebanon’s ...
Christiane Tager 01/05 20:50 - Reading : 5 minute(s)
As Lebanon gears up for the 2025 summer tourist season, it looks forward to sunny days but remains wary of potential challenges. With the return of expatriates, regional tensions, Israeli ceasefire violations and an economy seeking stability, the Lebanese tourism sector finds itself navigating turbulent waters. Yet, as the saying goes, “After ...
This Is Beirut 01/05 17:20 - Reading : 1 minute(s)
Lebanon Kuwait United Arab Emirates Morocco
Lebanon now ranks among the Arab countries with the highest commercial electricity tariffs, according to recent data from the Global Petrol Prices (GPP) website, underscoring the toll of the country’s prolonged energy crisis on its struggling business sector. With a commercial electricity rate of $0.247 per kilowatt-hour (kWh) in 2025, Lebanon ...
This is Beirut 01/05 16:35 - Reading : 2 minute(s)
Donald Trump United Nations USA Afghanistan women
Restrictions on women and girls imposed since the Taliban authorities took power are projected to cost Afghanistan almost six percent of its GDP over two years, the UN development agency country director said on Thursday. Taliban authorities have squeezed women out of education, jobs and public life since 2021, creating what the United Nations ...
This is Beirut 01/05 15:55 - Reading : less than a minute
Syria signed a 30-year contract with French shipping giant CMA CGM to develop and run the port of Latakia, the port's director and a company official said on Thursday. Joseph Dakak, CMA CGM's regional director, told AFP at the signing ceremony the company was «pleased today to announce the signing of an investment and management contract for the ...