Liliane Mokbel 22/03 12:00 - Reading : less than a minute
stocks lebanon trading banking
The Beirut Stock Exchange (BSE) saw a sharp decline in activity during the week of March 14, with trading volume dropping to 115,916 shares, compared to 570,083 the previous week. The total value of transactions also decreased, falling to $3.44 million from $4.94 million the week before, according to a report by Banque du Crédit ...
This is Beirut 21/03 18:50 - Reading : 2 minute(s)
Electricité du Liban (EDL) explained on Friday the reasons behind the increased power-rationing amid ongoing daily protests in the Beqaa. Citizens in this area are expressing their discontent with what they consider to be an overly harsh rationing schedule. EDL explained that since the shutdown of the hydropower plants operated by the National ...
This is Beirut 21/03 17:35 - Reading : 2 minute(s)
Banks International Monetary Fund Hezbollah Saudi Arabia
Prime Minister Nawaf Salam stated on Friday that “there will be no suppression of bank deposits,” and that he would “cross out the term ‘suppression of deposits,’” in a meeting at the Serail with a delegation from the Council of Lebanese Executives in Saudi Arabia. He added that his government’s objective is be to “return” the ...
Christiane Tager 21/03 14:00 - Reading : 2 minute(s)
Over the course of just one year, the price of eggs in the US has surged, jumping from under $2.52 in February 2024 to $8 per dozen in February 2025—a staggering increase of more than 65%. So, what’s behind this sudden price spike? The avian flu epidemic is a major factor. The outbreak has devastated millions of egg-laying hens in the US, with ...
This is Beirut 21/03 13:30 - Reading : less than a minute
The Turkish lira has experienced a historic plunge, recording its steepest weekly decline in nearly two years, following the arrest of Ekrem Imamoglu, the Mayor of Istanbul and leading opposition figure – a key opponent to President Recep Tayyip Erdogan. The lira lost 3.7% over five days, marking its worst performance since June 2023, with the ...
Maurice Matta 20/03 21:35 - Reading : 3 minute(s)
Lebanon Banque du Liban Governor Appointments
The Cabinet approved on Thursday the administrative appointment mechanism, reaffirming ministers’ role in the process. Under the agreed framework, the relevant minister will propose a list of hors-cadre candidates, while the final decision rests with the Cabinet. Meanwhile, the appointment of a new Bank of Lebanon (BDL) governor remains ...
Liliane Mokbel 20/03 15:03 - Reading : 1 minute(s)
The Director-General of the National Social Security Fund (NSSF), Mohammad Karakeh, recently announced that CNSS benefits will gradually return to their pre-2019 levels once the necessary executive decisions regarding the increase in fixed hospital service rates are issued. These services include hospitalization in standard rooms, intensive care, ...
Christiane Tager 20/03 14:00 - Reading : 4 minute(s)
Hospitals Insurance medical health
The conflict between the hospital owners' syndicate and insurance companies remains unresolved. Hospitals say they are grappling with soaring inflation and steadily rising operating costs, prompting them to demand a 15% increase in hospital fees. According to hospital executives, this adjustment is essential to offset the rising costs of ...
This is Beirut 20/03 13:00 - Reading : 3 minute(s)
Major European and Asian stock markets retreated Thursday following a weaker-than-forecast US economic outlook and despite the Federal Reserve trying to calm fears over President Donald Trump's tariffs. Fed boss Jerome Powell on Wednesday suggested that any increase to consumer prices caused by tariffs would likely be short-lived, even as the ...
This is Beirut 20/03 11:15 - Reading : 3 minute(s)
Thursday's release of action-adventure epic "Assassin's Creed Shadows" marks a make-or-break moment not just for struggling French games heavyweight Ubisoft, but for the entire European gaming ecosystem. With its almost 18,000 employees and global footprint, Ubisoft has nevertheless suffered one setback after another in recent years with ...
This is Beirut 19/03 20:30 - Reading : 3 minute(s)
The US Federal Reserve paused interest rate cuts again on Wednesday and noted an increase in economic uncertainty, as it navigates an economy unnerved by President Donald Trump's stop-start tariff rollout. Policymakers voted to hold the US central bank's key lending rate at between 4.25 percent and 4.50 percent, the Fed announced in a ...
Liliane Mokbel 19/03 18:20 - Reading : 3 minute(s)
Salaries Minimum wage Government inflation GDP
In one of his first statements to the press, the new Minister of Labor, Mohammad Haidar, said that raising the minimum wage is among his priorities. He noted that the matter would be discussed with Finance Minister Yassine Jaber but did not specify a figure. Recently, some have called for a minimum wage of $1,000—five times the current ...