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Building Modern, Accessible Digital Finance for All
Liliane Mokbel 2025-10-03 16:30 - Reading : 3 minute(s)
Lebanon Economy Yassine Jaber Finance Taxes Digital
At a press conference on Friday at the Ministry’s headquarters, Finance Minister Yassine Jaber unveiled a roadmap to establish a digital financial administration that is efficient, transparent and citizen-focused. This transformation is built around four key pillars: Electronic Notifications Registered taxpayers now receive all official ...
Lebanon’s Gold Market: Fast Profits and the Risk of Disillusionment
Liliane Mokbel 2025-10-02 13:35 - Reading : 2 minute(s)
The country’s gold market has entered a phase of sharp volatility. Against the backdrop of a prolonged crisis, transactions are picking up in both directions: some are selling jewelry and bullion to lock in immediate gains, while others are rushing to buy the yellow metal, long regarded as the ultimate safe haven. This contradictory dynamic ...
Jonathan Anderson Makes Bold Dior Womenswear Debut at Paris Fashion Week
This is Beirut 2025-10-01 20:15 - Reading : 4 minute(s)
Luxury Paris Fashion Week Jonathan Anderson Dior France Culture
Northern Irish designer Jonathan Anderson drew a standing ovation from a celeb-packed crowd as he launched a bold first women's ready-to-wear collection for Dior on Wednesday during Paris Fashion Week. The show, held in the Tuileries Garden in central Paris, was one of the most highly anticipated moments of the Spring-Summer 2026 Fashion Week, ...
Retirement or Marketing Gimmick? Cryptic LeBron Video Sets Internet Buzzing
This is Beirut 2025-10-07 13:25 - Reading : 2 minute(s)
Lakers Basketball LeBron James NBA
A cryptic video shared by LeBron James set the Internet abuzz on Monday, with fans wondering if the NBA superstar was preparing to announce his retirement or simply another commercial venture. The 10-second video posted on James' social media channels teased that the Los Angeles Lakers star would reveal the "decision of all decisions" at 1600 GMT ...
Iran Approves Bill Toughening Penalty for Spying for US
This is Beirut 2025-10-01 14:20 - Reading : 1 minute(s)
Iranian authorities on Wednesday approved a bill toughening penalties for those convicted of spying on behalf of Israel and the United States, months after the 12-day war between the foes. The bill was presented to parliament on June 23, as Iran and Israel were engaged in a war that saw unprecedented Israeli strikes on the Islamic republic, which ...
Denmark PM Urges 'Very Strong Answer' to Russia's 'Hybrid War'
This is Beirut 2025-10-01 14:05 - Reading : 2 minute(s)
European Union Ukraine Denmark
Denmark said Wednesday that Europe needs to step up its response to a "hybrid war" being waged by Russia, after mysterious drone flights and a spate of airspace violations rattled European Union members. Prime Minister Mette Frederiksen warned the continent is facing the "most difficult and dangerous situation" since the ...
Inkript's Bold Exploitation of Citizens: A Scandal Exposed
Karine al-Kassis 2025-09-29 15:00 - Reading : 7 minute(s)
Inkript is one of the most blatant examples of how a public institution can be hijacked and transformed into a private revenue stream. The company entered the Vehicle Registration Authority – al-Nafaa – under the banner of “digital progress and modernization.” But it did not stop at controlling the system; it also reached directly into the ...
Another Record High: Gold Shines Brighter Than Ever
This is Beirut 2025-09-29 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 ...
South Lebanon’s Mouneh: A Living Culinary Heritage
Katia Kahil 2025-09-28 15:55 - Reading : 6 minute(s)
In South Lebanon, life continues under the shadow of targeted Israeli strikes, and the future remains uncertain. Yet in Marjayoun and Hasbaya, daily life carries on. Amid the threat of renewed conflict and the slow, difficult return to their villages, residents hold fast to their traditions, especially the ancestral practice of Mouneh, the careful ...
Iran Sanctions Look Set To Return Even as Nuclear Inspections Resume
This is Beirut 2025-09-26 23:40 - Reading : 4 minute(s)
Deep sanctions on Iran over its nuclear program look set to go into force once again, even as a UN watchdog confirmed Friday inspections of its atomic sites had resumed. Russia failed in an effort with Beijing Friday to delay the reimposition of the measures on Tehran, with Moscow raising the prospect that it may not enforce the sanctions -- ...
From Survival to Revival: The World’s Last Beetling Mill Eyes a Bright Future
This is Beirut 2025-09-26 17:40 - Reading : 5 minute(s)
Craft Linen Heritage Fashion Northern Ireland Culture
The noise is deafening and the work can be lonely, but to William Smyth, who toils in the world's last commercial linen "beetling" mill, his job is unique. "There's nothing modern about it, I'm doing the same now as they were doing 100 years and more ago," said Smyth, 59, at the mill in Northern Ireland in a village some 45 miles (70 kilometers) ...
OpenAI Unveils ChatGPT App Integration Feature
This is Beirut 2025-10-07 09:20 - Reading : 1 minute(s)
OpenAI on Monday unveiled a new feature for ChatGPT, the leading generative AI model with 800 million weekly users, enabling it to interact with everyday apps like Spotify and Booking.com. Chief Executive Sam Altman announced the new tool to a crowd of enthusiastic developers gathered in San Francisco for the company's annual "Developer ...
Saudi Arabia Hosts its First Riyadh Comedy Festival
This is Beirut 2025-10-07 18:00 - Reading : 5 minute(s)
Comedy Riyadh Comedy Festival Saudi Art Culture
Jokes about geriatric sex and endless profanity have been embraced by Saudi fans at the Riyadh Comedy Festival even as foreign comedians face a backlash for taking part. The star-studded event, backed by a Saudi government body, has driven a wedge through the stand-up scene, as comics who staunchly defend free speech in the West are accused of ...
Liverpool Back on Track While Real, Bayern and Chelsea Win in Champions League
This is Beirut 2025-10-23 09:55 - Reading : 4 minute(s)
Real Madrid Liverpool Champions League Bayern Munich
Hugo Ekitike scored against his old club as Liverpool got back on track with a 5-1 victory at Eintracht Frankfurt in the Champions League on Wednesday while Chelsea, Real Madrid and Bayern Munich were among the night's other winners. The Anfield side came into their trip to Germany reeling after a run of four consecutive defeats which included a ...
Between Moscow and Washington, India Charts Its Energy Course
Mario Chartouni 2025-10-16 16:20 - Reading : 5 minute(s)
Washington Donald Trump European Union Europe G7
US President Donald Trump announced on Thursday that Indian Prime Minister Narendra Modi had committed to “cease purchasing Russian oil” within a “short timeframe,” while imposing 50% tariffs on Indian exports to the United States, with additional penalties for transactions involving Moscow. However, New Delhi stressed that its “top ...
Lebanon 2019: Behind a Programmed Revolution (2/2)
Natasha Metni Torbey 2025-10-22 12:30 - Reading : 11 minute(s)
Central Bank of Lebanon Free Patriotic Movement Amal Banks
Lebanon has an exceptionally dense civil society sector. Hundreds of local NGOs receive funding from international organizations such as the European Union, various United Nations agencies, private foundations like Ford, Rockefeller and Open Society, as well as contributions from the diaspora. Most of this funding is fully declared, independently ...
Gold Falls Again as Rally Comes to Halt, Asian Markets Drop
This is Beirut 2025-10-22 09:35 - Reading : 4 minute(s)
Donald Trump dollar Washington New York China Xi Jinping
Gold and silver tumbled for a second day Wednesday, bringing a rally in the precious metals to a juddering halt, while equities also sank after US President Donald Trump remarked that a meeting with Chinese counterpart Xi Jinping might not take place. Bullion has seen an eye-watering run-up since the turn of the year, helping it climb more than ...
L’Oréal Eyes Armani Stake, Honoring a Designer’s Final Wish
This is Beirut 2025-10-21 15:45 - Reading : 2 minute(s)
Luxury L'Oréal Armani France Italy Culture
French cosmetics group L'Oreal said Tuesday it is interested in taking a stake in Italian company Armani, as its late founder suggested, even as it moves ahead with a multi-billion-dollar purchase of Kering's beauty division. "The acquisition of Kering's beauty activities changes nothing in terms of our intention to be part of Armani," L'Oreal ...
OpenAI Commits to Over $100 Billion in AI Chip Orders Amid Uncertain Financing Plans
This is Beirut 2025-10-20 09:40 - Reading : 3 minute(s)
USA AI ChatGPT Nvidia Broadcom
OpenAI is ordering hundreds of billions of dollars worth of chips in the artificial intelligence race, raising questions among investors about how the startup will finance these purchases. In less than a month, the San Francisco startup behind ChatGPT has committed to acquiring a staggering 26 gigawatts of sophisticated data processors from ...
Leonardo, Callas, Beethoven… Could Europe’s Icons Appear on Euro Banknotes?
Bélinda Ibrahim 2025-10-17 19:00 - Reading : 3 minute(s)
Europe Euros Banknotes Culture
Nearly a quarter of a century after their introduction, euro banknotes are set to be completely redesigned, both aesthetically and in terms of security. If the ECB stays on schedule, the new banknotes are expected to be unveiled from 2026, following an unprecedented public consultation and design process. Since 2002, euro banknotes have depicted ...
Putin Says Russia a Top Oil Producer Despite 'Unfair' Pressure
This is Beirut 2025-10-16 16:55 - Reading : 1 minute(s)
Donald Trump USA Ukraine Vladimir Putin Energy
Russian President Vladimir Putin said Thursday that his country was still among the world's top oil producers, despite what he called "unfair" anti-competitive practices used against it. Addressing a conference on Russian energy in Moscow, Putin said European countries had hurt their own economies by cutting sales of Russian gas and ...
Gold Rush in Lebanon: Between Speculation and Shortages
Liliane Mokbel 2025-10-15 16:50 - Reading : 2 minute(s)
Lebanon Turkey economy gold silver
Lebanese buyers are increasingly turning to precious metals, especially gold and silver, whose international prices have been climbing steadily to record highs. These days, it can take up to a week to obtain a gold bar and nearly two weeks for a kilogram of silver. A few weeks ago, people had to spend over an hour in line to make a purchase. The ...
From Crisis to Record: Why Gold Just Topped $4,000 an Ounce
This is Beirut 2025-10-08 08:35 - Reading : 3 minute(s)
Gold Economy World Ounce Record
Gold's relentless rise reached another milestone on Wednesday as the precious metal hit $4,002.95 an ounce for the first time. "Investors continue to bid up the price of gold, with the precious metal rising more than 50 percent year to date and nearly 12 percent in September alone – one of the strongest monthly performances on record," said ...
US Tariffs on Timber, Furniture Take Effect
This is Beirut 2025-10-14 09:15 - Reading : 3 minute(s)
Donald Trump USA Shipping Tariffs
US fresh tariffs on imported wood, furniture and kitchen cabinets took effect Tuesday, a development likely to fuel building costs and pile pressure on homebuyers in an already challenging market. The duties were imposed to boost US industries and protect national security, according to the White House, and they broaden a slate of ...
From Waste to Runway: Kenyan Designers Transform Used Clothes Into Art
This is Beirut 2025-10-13 17:50 - Reading : 4 minute(s)
Fashion Recycling Designers Kenya Culture
In a dusty alley in the heart of Kenya's largest open-air market, fashion models strut down a makeshift runway in bold, upcycled outfits made from waste collected at dumpsites and market cast-offs, proof that even trash can dazzle. Every year, thousands of tons of used clothes from Europe, the United States, and beyond make their way to ...
Drive-In Dreams Fade as America’s Outdoor Theaters Struggle
This is Beirut 2025-10-11 13:30 - Reading : 3 minute(s)
Nawaf Salam Cinema Film Movies Culture Art
Film buffs sit snugly in cars watching a drive-in movie, munching popcorn on a lovely recent fall night. Michelle Hutson, 52, has been coming to the Family Drive-In since childhood, enjoying what is now a dying form of quintessentially American entertainment. With a sigh, she notes she might soon see the last picture show as the nearly ...
One Year On: Southern Lebanon Devastated
Katia Kahil 2025-10-11 11:30 - Reading : 5 minute(s)
One year after the September 2024 war, southern Lebanon bears deep scars. Ravaged by strikes and displacement, the region faces a dual crisis: a collapsing economy and the quiet unraveling of its social fabric. Behind shattered facades and shuttered markets, an entire way of life teeters on the brink of a merciless winter. Agonizing Markets In ...
Paris Fashion Week: Where Style Pays Off
This is Beirut 2025-10-10 19:55 - Reading : 1 minute(s)
Paris Fashion Week mode economy
Every year, the French capital doesn’t just host the world’s top fashion shows; it drives the industry’s economy. According to the Fédération de la Haute Couture et de la Mode, Paris Fashion Week generates around €1.2 billion in economic impact for the city. Over several weeks, more than 110 haute couture and ready-to-wear shows unfold, ...
China’s Pure Gold: From Luxury to Investment
Liliane Mokbel 2025-10-10 19:50 - Reading : 3 minute(s)
Could there be synthetic gold, distinct from naturally mined gold, similar to lab-grown diamonds? The question is intriguing, and the answer is nuanced. China has developed a new type of gold called “Hard Pure Gold,” a breakthrough that could transform the global jewelry market and strengthen Beijing’s influence in the gold trade. With a ...
Waste Crisis: Heading Back to the 2015 Chaos?
Natasha Metni Torbey 2025-10-09 15:40 - Reading : 4 minute(s)
The shadow of Lebanon’s 2015 waste crisis loomed briefly over the country once again. On Tuesday morning, Ramco trucks halted waste collection across Mount Lebanon, Keserwan and Beirut after the Jdeideh landfill abruptly closed in the early hours. Intervention from the Council for Development and Reconstruction (CDR), which ordered the temporary ...