This is Beirut 01/10 12:10 - Reading : less than a minute
Gold prices hit a new all-time high on Wednesday, driven by a surge of investors seeking safe-haven assets following the official start of the U.S. government shutdown and disappointing employment data, which have strengthened expectations of an interest rate cut by the Federal Reserve. Spot gold rose 0.1% to $3,861.99 per ounce, after reaching a ...
This is Beirut 30/09 18:15 - Reading : 1 minute(s)
Lebanon Syndicate of Poultry Producers Tariffs
The Syndicate of Poultry Producers, led by William Boutros, issued a warning on Tuesday, urging authorities to act swiftly to save local businesses now facing extinction. The reason is that Lebanese poultry products are banned from Arab markets, while similar goods imported from neighboring countries freely enter Lebanon duty-free. “Most Arab ...
Christiane Tager 30/09 17:50 - Reading : 3 minute(s)
Lebanon Collectible cars Fédération Internationale des Véhicules Anciens
In a world where traditional investments fluctuate with economic and geopolitical crises, collectible cars seem to hold steady. They do more than captivate enthusiasts; they also attract investors. In the United States and Europe, auction prices are soaring, and museums compete for rare models. What about Lebanon? Between roaring American muscle ...
Liliane Mokbel 29/09 19:05 - Reading : 3 minute(s)
Central Bank of Lebanon Banks International Monetary Fund Lebanon economy deposits BDL
At a luncheon debate hosted by the École supérieure des affaires (ESA), Karim Souhaid, the Governor of Lebanon’s Central Bank (BDL), presented his assessment of the country’s economic situation – “slowly but surely moving in the right direction” – to around 40 members of the Mouvement des entreprises de France (MEDEF), currently on ...
This is Beirut 29/09 16:25 - Reading : less than a minute
Less than five days after authorizing further advance payments to hospitals and doctors, bringing total healthcare spending to LBP 4.174 trillion since the start of the year, the Director General of the National Social Security Fund (NSSF), Mohammad Karaki, has approved an additional LBP 208 billion in payments for previously processed surgical ...
This is Beirut 29/09 14:00 - Reading : less than a minute
Gold Investments Dollar Washington Beijing
Gold continues to break records. The price per ounce (31.1 g) rose 1.3% on Monday, reaching $3,809, its highest level ever. The precious metal has surged 45% since the start of the year and nearly 130% over three years, outperforming most other investments. Several factors drive this gold rush: geopolitical uncertainties, from Russia’s invasion ...
This is Beirut 29/09 13:20 - Reading : 1 minute(s)
EDL Lebanon Illegal Connections
In a statement issued Monday, Électricité du Liban (EDL) announced the launch of a large-scale campaign to dismantle illegal connections to the power grid. According to the statement, the initiative, set to be implemented nationwide, aims to “ensure equal rights and obligations for all citizens” and addresses the “urgent need to preserve ...
Liliane Mokbel 27/09 15:00 - Reading : less than a minute
A fresh wind is blowing through Lebanon’s tourism scene, and it’s coming from the mountains: guesthouses are on the rise. Once limited to around 40 discreet spots, there are now more than 300 open to visitors – true hidden gems nestled in the heart of villages. More than just places to stay, each guesthouse reflects the soul of its region: ...
Christiane Tager 26/09 11:30 - Reading : 2 minute(s)
Donald Trump Europe United States USA Washington
Since Donald Trump took office, Sino-American trade has sometimes resembled a high-stakes ping-pong match. Containers once destined for US ports now appear to have lost their way. In August 2025, exports to the United States fell 12% in a single month, representing around $5 billion worth of goods no longer crossing the Pacific, at least not ...
This is Beirut 26/09 10:45 - Reading : less than a minute
Banks Beirut Port lebanon World Bank
The Port of Beirut has registered a major leap in the World Bank’s Container Port Performance Index 2024, published on Friday. It ranked 54th worldwide, consolidating its role as a key regional hub for logistics and trade. The rise marks a sharp improvement from 81st place in 2023 and 323rd in 2022, reflecting the port’s modernization ...
Liliane Mokbel 25/09 15:15 - Reading : 3 minute(s)
Lebanon economy infrastructure Jounieh Highway expropriation
Widening Jounieh Highway will not happen overnight. The project is expected to take 36 to 40 months. As the saying goes, “A journey of a thousand miles begins with a single step.” Funding for the project is secured, Minister of Public Works and Transport Fayez Rasamny told the press, though he provided no further details. Sources close to the ...
Christiane Tager 24/09 14:00 - Reading : 3 minute(s)
Lebanon economy olives olive oil
In Lebanon, it’s hard to imagine a meal without a drizzle of olive oil. It flavors the morning man’oushe, enlivens salads, and graces every mezze platter. But this year, this staple of the Lebanese table risks becoming a luxury. The 2025 olive season is exceptionally poor, with serious consequences for both producers and consumers. A ...