This is Beirut 2025-01-27 13:30 - Reading : less than a minute
Jean Gebran, the Director General of the Beirut and Mount Lebanon Water Authority, issued a dire warning about the water situation in Lebanon. He stressed that, without rain or snow, the country could face a major water crisis this summer. He stated, “Lebanon is experiencing its worst crisis due to the lack of rainfall and snow,” further ...
This is Beirut 2025-01-27 13:20 - Reading : less than a minute
The Director-General of the National Social Security Fund (NSSF), Mohammad Karaki, made a request to the relevant financial services for the transfer of 16 billion Lebanese pounds to hospitals, bringing the total amount paid to hospitals since the beginning of January to 68 billion Lebanese pounds. These transfers are part of the NSSF’s ...
This is Beirut 2025-01-27 13:05 - Reading : 4 minute(s)
Paris Donald Trump dollar dollars immigration
Asian markets mostly fell Monday on fresh trade fears after Donald Trump's threat to impose huge tariffs on Colombia in retaliation for its refusal to accept deportation flights from the United States. Traders were also assessing the impact of a new, cheaper Chinese generative AI programme amid claims it can outperform big-name rivals and worries ...
This is Beirut 2025-01-26 19:00 - Reading : 1 minute(s)
On the occasion of International Education Day, on the 24th of January, CMA CGM Foundation emphasized its support for the training and professional integration of Lebanese youth who have faced academic disengagement or unemployment, in order to help secure their future. Three programs have been designed to meet the needs of businesses in three ...
Liliane Mokbel 2025-01-26 17:30 - Reading : 3 minute(s)
The scandal of “electoral hiring” in the public sector is not a new phenomenon. What drives these “hunters of ghost jobs” is less the salary than the associated perks: generous bonuses, discretionary spending, allowances for occasional assignments, representation expenses, and even travel indemnities for overseas trips, often handed out ...
Christiane Tager 2025-01-25 15:00 - Reading : 4 minute(s)
Lebanon Economy Saudi Arabia KSA
Saudi Arabia has traditionally been a key economic partner for Lebanon. Before the 2021 decline in relations, largely driven by the Hezbollah issue, Lebanese exports to the Kingdom were substantial, particularly in agriculture, food products, textiles, and handicrafts. These exports were a vital source of foreign currency for Lebanon's economy. ...
Liliane Mokbel 2025-01-25 12:00 - Reading : less than a minute
In 2024, out of the 2,000,000 vehicles in Lebanon's automotive fleet, 800,000 are not registered with the Vehicle Registration Department and, as a result, lack mandatory auto liability insurance. This means there is roughly one car for every two residents, in a country where public transportation is virtually non-existent. The mandatory ...
This is Beirut 2025-01-24 19:30 - Reading : 4 minute(s)
Paris Donald Trump dollar New York
Global stocks diverged on Friday as investors weighed corporate earnings, economic data and President Donald Trump's policies. Meanwhile the US dollar lost more than one percent against the euro and pound following the US president's comments about not wanting to impose tariffs on China and calling for lower interest rates. The S&P 500 edged ...
This is Beirut 2025-01-24 16:00 - Reading : 2 minute(s)
International Monetary Fund Europe USA Donald Trump Davos
With the European economy lagging behind the United States, the head of the International Monetary Fund had a piece advice for the continent on Friday: "Believe in yourself." There was much handwringing about Europe losing its competitive edge at the World Economic Forum in Davos this week, with the European Union racing to act to catch up with ...
This is Beirut 2025-01-24 15:25 - Reading : 2 minute(s)
Business activity in the eurozone bounced back in January after a two-month contraction, as the pace of decline eased in the manufacturing sector, a closely watched survey showed Friday. The HCOB Flash Eurozone purchasing managers' index (PMI) published by S&P Global registered a figure of 50.2 for the single-currency area, after 49.6 in ...
This is Beirut 2025-01-24 15:20 - Reading : 3 minute(s)
Formula One International Monetary Fund Saudi Arabia Davos Diplomacy
Two buildings branded "Saudi House" and "Saudi At Davos" stand out on the chic main street of the Swiss Alpine village hosting the World Economic Forum, showcasing the kingdom's growing presence at major international events. Saudi officials and business leaders make the annual pilgrimage to the meeting of the world's global elites every year, ...
This is Beirut 2025-01-24 15:10 - Reading : 2 minute(s)
Japan's much-loved "tonkatsu" pork cutlets come with a mound of freshly shredded cabbage, but a surge in the price of the humble vegetable has prompted chef Katsumi Shinagawa to skimp on servings. The culprit is a changing climate. Last year's record summer heat and heavy rain ruined crops, driving up the cost of the leafy green in what media ...