This is Beirut 07/01 15:55 - Reading : less than a minute
Mohammad Karaki, the Director General of the National Social Security Fund (NSSF), requested the transfer of LBP 27 billion to hospitals by the appropriate financial agencies. These transfers are a part of NSSF’s commitment to pay hospitals on a monthly basis so they can keep up their operations, give insured individuals high-quality care and ...
This is Beirut 07/01 15:50 - Reading : 1 minute(s)
In December 2024, BlomInvest’s Purchase Managers Index (PMI) reached its highest level in five months. In Lebanon, it scored 48.4 points in November 2024, as opposed to 48.1 the month before. According to Helmi Mourad, a research analyst at Blom Business Bank, the PMI improved for the second consecutive month, going from a low of 45 points in ...
Liliane Mokbel 04/01 12:00 - Reading : less than a minute
62 stores are currently open and welcoming customers at the Beirut Souks Shopping Center. Seven of these opened in December 2024, and six more are expected to open in January. However, the total number of open stores is still just under half of the 140 originally planned for the end of 2024 – a target set before the two months of conflict.
Christiane Tager 03/01 11:10 - Reading : 2 minute(s)
A heated conflict has erupted between the Syndicate of Hospital Owners in Lebanon and the Association of Insurance Companies. The Syndicate of Hospital Owners in Lebanon, led by Sleiman Haroun, has announced that, starting February 2, 2025, hospitals will increase the rates agreed upon with insurance companies by 15%. This increase is aimed at ...
This is Beirut 02/01 17:27 - Reading : 2 minute(s)
Donald Trump New York USA Washington
Asian stocks began 2025 mostly in the red on Thursday after worries about US interest rates, tariffs and China's economy gave Wall Street the holiday blues for a fourth straight session. Equities mostly had a bumper 2024 on the back of enthusiasm about artificial intelligence (AI), cuts in borrowing costs by central banks and Donald Trump's ...
This is Beirut 01/01 10:45 - Reading : 4 minute(s)
France Emmanuel Macron Ukraine Paris Donald Trump
Despite political upheavals, stock markets and bitcoin smashed records in 2024, fuelled by investor enthusiasm for Artificial Intelligence (AI), falling interest rates, and hopes of tax cuts. Here are five of the most remarkable aspects of 2024 for financial markets: Stock records fall like dominoes Wall Street's three main stock indices blew ...
This is Beirut 2024-12-30 21:30 - Reading : less than a minute
Beirut International Airport Traffic arrivals
The Director General of Civil Aviation, Fadi al-Hassan, revealed to This is Beirut that Beirut International Airport (AIB) recorded the arrival of 11,070 passengers in one day before Christmas. This is the highest number ever for the month of December and a significant record compared to previous years. Hassan reported that total arrivals to date ...
This is Beirut 2024-12-29 10:55 - Reading : less than a minute
European Union Israel Lebanon Agriculture WHO
The Ministry of Agriculture condemned the ongoing Israeli attacks on Lebanon's agricultural sector, including the recent destruction of the seedling multiplication project built in Wadi Houjair in 2020 with funding from the European Union and support from the Food and Agriculture Organization (FAO) and the World Health Organization (WHO). In a ...
This is Beirut 2024-12-29 10:40 - Reading : less than a minute
Iraqi Airways will resume flights to Lebanon on Monday, December 30, according to the country's Minister of Transport, as reported by the official Iraqi news agency. The airline had suspended flights to Lebanon on December 8, citing security concerns related to the situation in Syria.
Liliane Mokbel 2024-12-28 12:00 - Reading : less than a minute
Banks prices inflation crisis world bank
In Lebanon, prices in dollars rose by 4.9% between September 2019 and September 2024, according to the World Bank. Meanwhile, the Central Directorate of Statistics reports a staggering 5970% increase in prices in Lebanese pounds over the same period.
This is Beirut 2024-12-27 21:35 - Reading : less than a minute
The Directorate General of the Internal Security Forces (ISF) has issued a statement denying rumors circulating on certain social networks, claiming that the old printing of the hundred-dollar bill is still in circulation in the country. According to these rumors, the distribution of these bills has been suspended worldwide. However, the ISF said ...
This is Beirut 2024-12-27 13:45 - Reading : less than a minute
On Friday, the Banque du Liban (BDL) issued a circular asking banks to pay two monthly installments to beneficiaries of circulars 158 and 166, which concern exceptional bank withdrawals of fresh dollars, at the beginning of January. Depositors benefiting from Circular 158 will receive $800 in cash instead of $400, while those benefiting from ...