Economic

2023, a Year Marked by Performance Fluctuations, as per Bank Audi

Bank Audi released its annual economic report titled "Has the Uphill Climb Begun, with the Possibility of an Economic Turnaround?" The report highlights the negative impact of the Hamas-Israel war in the last quarter of the year. Despite an initial improvement, the economy faced a lack of growth. Bank Audi considers 2023 a year of "performance ...

The European Union at a Critical Crossroads!

The European Union (EU) faces a myriad of challenges spanning political, security, economic and monetary spheres. Debates within EU circles and among leaders often revolve around how to effectively address these challenges, ensuring the sustainability of the common union project while propelling it forward towards new directions. This includes ...

Port of Beirut: Lebanon's Economic Lifeblood

The Port of Beirut is Lebanon's main gateway for goods. Covering over 1.2 square kilometers with its four basins, it handles approximately 1.3 million containers each year using 16 cranes and 39 gantries. The Port of Beirut is one of the top ten Mediterranean ones and serves as a vital gateway to the Middle East. Using auto-financing, the port ...

Public Truck Owners Grumble About Port System

Public truck owners at the Port of Beirut went on the offensive on Monday, calling on the relevant authorities to find a new system to avoid the now-weekly work stoppages at the Port of Beirut. In a statement, they claim that the plot against the Port of Beirut is continuing so that the system breaks down every week and, as a result, the work of ...