This Is Beirut 2024-03-08 16:20 - Reading : 1 minute(s)
Lebanon's stamp crisis is finally on the way to resolution. On Friday, Caretaker Minister of Finance Youssef Khalil announced in a press release that his ministry had completed the preparatory procedures for the printing of thirty million stamps in denominations of twenty, one hundred, two hundred, and four hundred thousand Lebanese pounds, ...
This Is Beirut 2024-03-07 23:19 - Reading : 1 minute(s)
Following media outlet reports and social media outbursts regarding the decision made by Metn judge of expedited matters, Ralph Karkabi, to unload a wheat shipment that was reportedly “moldy” based on initial analysis results on a grain sample, the Office of the Higher Judicial Council issued a statement providing clarification from Judge ...
This Is Beirut 2024-03-07 21:32 - Reading : less than a minute
The Ministry of Finance (MOF) announced on Thursday that the salaries and pensions of all civil servants have been disbursed. The MOF said in a statement that the Expenditure and Treasury Departments successfully transferred funds to the Central Bank. The concerned parties will be able to withdraw their money from their respective banks as of ...
This Is Beirut 2024-03-07 21:30 - Reading : less than a minute
The Traffic and Vehicles Management Authority announced that vehicle license plates are now available. The Authority stated in a press release that it “distributed car and motorcycle license plates, per the approved model, to authorized license plate printing presses in all regions of Lebanon.” According to the press release, motorists who ...
This Is Beirut 2024-03-07 21:27 - Reading : 1 minute(s)
Caretaker Minister of Transport and Public Works Ali Hamieh engaged in discussions in Paris with his French counterpart, Patrice Vergriete, regarding the reconstruction plan for the Port of Beirut. The unveiling of the French plan for the rehabilitation of the Port of Beirut is officially scheduled for March 13. More than a year ago, Hamieh had ...
This Is Beirut 2024-03-07 19:29 - Reading : 2 minute(s)
The General Directorate of Land Registry and Cadastre announced on Thursday that “the land registry secretariats of Mount Lebanon will deliver the first batch of completed property deeds to the concerned parties or their proxies on Friday, March 8, 2024. This process will follow a regulated delivery mechanism.” Property titles can be ...
Nicolas Sbeih 2024-03-07 07:30 - Reading : 5 minute(s)
If you haven't fully grasped the new public sector employees’ salary scale, don’t sweat it. No one has, not even the main beneficiaries or those tasked with the responsibility of crushing the numbers every single month. The saga of the public sector employees’ salary scale is spiraling into unprecedented levels of absurdity that deserve a ...
2024-03-06 22:34 - Reading : 5 minute(s)
Yet another scandal has unsettled the Lebanese population, shedding light on the deep-seated corruption within the country. It revolves around the delivery of wheat and rice into the Lebanese market, both of which are allegedly spoiled and a health threat. A statement from the Consumer Association in Lebanon, warning of “carcinogenic rice” ...
This Is Beirut 2024-03-06 16:30 - Reading : 2 minute(s)
The dollar retreated on Wednesday ahead of the Federal Reserve (Fed) Chairman's hearing before Congress, including data that could confirm expectations of an imminent interest rate cut, while bitcoin and gold remained close to their record highs. Fed chair Jerome Powell is due to answer questions from a House of Representatives committee on ...
This Is Beirut 2024-03-06 15:19 - Reading : 1 minute(s)
Caretaker Minister of Energy and Water Walid Fayad, who took part in a conference in Paris on "the role of gas in energy transition in the Mediterranean basin," emphasized the importance of stability around the Mediterranean, so that coastal countries can achieve energy transformation, enabling them to meet international objectives related to ...
2024-03-05 23:14 - Reading : 4 minute(s)
Every Lebanese government routinely and systematically tracks the state's expenditures and revenues. Yet, they consistently failed to accurately assess the substantial revenue losses, totaling around $3 billion. Despite persistently seeking assistance from the international community, they remain unwilling to implement the much-needed reforms that ...
This Is Beirut 2024-03-05 19:40 - Reading : less than a minute
On Tuesday, the caretaker Minister of Finance, Youssef Khalil, published four decisions extending the payment deadlines for certain taxes. The aim is to give taxpayers additional time to pay their dues, and thus avoid late payment fines. The payment deadline for the annual flat-rate and proportional tax levied on establishments selling alcoholic ...