This is Beirut, 27/08 15:50 - Reading : 2 minute(s)
Buoyed by a net profit and revenue increase of more than 10% in the first half of the year, Danish toy giant Lego plans to continue gaining market share despite a volatile global environment, the company’s CEO said in an interview with AFP on Wednesday. “In recent years, we’ve consistently outpaced market growth and gained share,” said ...
This is Beirut, 21/08 21:35 - Reading : 1 minute(s)
Trump Israel Hezbollah Economy Security
The Trump administration has asked Israel to reduce non-urgent military operations in Lebanon to support a wider disarmament initiative, while planning a “Trump economic zone” in parts of southern Lebanon, according to sources with direct knowledge of the matter. Officials say the limitation could be extended if the Lebanese Armed Forces take ...
This is Beirut, 19/08 16:55 - Reading : 2 minute(s)
Banks Central Bank of Lebanon Gulf lebanon economy
The latest index of the Beirut Traders Association-Fransabank (Q2 2025) shows the first signs of a recovery in local markets, a welcome development as the World Bank forecasts 4.7% GDP growth for Lebanon in 2025 and a sharp drop in inflation. The retail trade index rose to 33.13 points in Q2 2025, up from 30.01 the previous quarter (base 100 = Q4 ...
This is Beirut, 16/08 19:15 - Reading : less than a minute
The international credit rating agency Standard & Poor’s has raised Lebanon’s long-term local currency rating to CCC with a stable outlook, while maintaining its foreign currency rating at SD, according to Reuters. The agency explained that the risks of Lebanon defaulting on local debt remain, due to spending pressures, limited access to ...
Christiane Tager, 15/08 20:35 - Reading : 4 minute(s)
Free to play… yet astonishingly profitable, today’s video games turn our clicks into cash. Microtransactions, virtual concerts and blockbuster partnerships have made Fortnite, Candy Crush and their peers billion-dollar giants. And in Lebanon, players show no sign of putting down their controllers anytime soon. Video games, once seen as mere ...
This is Beirut, 14/08 20:30 - Reading : 2 minute(s)
The Court of First Instance in Mount Lebanon, through its Third Chamber handling real estate matters and composed of judges Yamen El-Hajjar (presiding), Elissia Abou Jaoudeh, and Fatima Bazzi, issued a key ruling in a case filed by Mrs. Sara Audi Attaya, represented by her attorney Riad Hallaj, challenging a decision by the Baabda Land Registry ...
This is Beirut, 14/08 14:35 - Reading : 1 minute(s)
Joseph Aoun lebanon Abu Dhabi economy business
President Joseph Aoun on Thursday emphasized that Lebanon’s primary challenge is corruption, “because there has been no accountability.” Speaking at a meeting with a delegation from the Lebanese Business Council in Abu Dhabi, Aoun noted that “today, there is a judiciary, cases are being opened, and there are no prohibitions or red lines ...
Christiane Tager, 08/08 16:20 - Reading : 3 minute(s)
Economy Shopping Lebanon Sales
For many Lebanese, sales are the only time of year when long-desired items become remotely affordable: a pair of sneakers, a designer dress or a household appliance. With wallets worn thin by inflation, a devalued currency and eroding purchasing power, discounts provide a much-needed breather. But while some shoppers welcome the relief, others ...
This is Beirut, 02/08 13:19 - Reading : 4 minute(s)
United States Donald Trump Economy
President Donald Trump said Friday he has ordered the firing of a key economic official, accusing her of manipulating employment data for political reasons after a new report showed cracks in the US jobs market. US job growth missed expectations in July, Labor Department data showed, and revisions to hiring figures in recent months brought them ...
Liliane Mokbel, 31/07 17:36 - Reading : 2 minute(s)
Lebanon Customs revenues Fiscal revenues Economy
It’s both a welcome and surprising development: in 2025, Lebanon’s state treasury saw a significant rise in customs revenues – and this happened without any increase in customs duty rates. According to the World Bank (Lebanese Monitor report, Turning the Tide, Spring 2025), public revenues reached $4 billion in 2024, with $3 billion coming ...
Christiane Tager, 31/07 17:00 - Reading : 3 minute(s)
Lebanon Summer Weddings Economy
Today, Lebanese weddings are no longer just about love; they’re major financial productions. Each celebration activates an entire economic ecosystem: fully booked wedding planners, photographers and videographers charging thousands of dollars, gourmet caterers offering five-star menus, florists capable of transforming any venue into a lush ...
Liliane Mokbel, 30/07 15:20 - Reading : 4 minute(s)
Lebanon Economy Private sector Public sector
Jaber wants a smarter, more effective PPP law, one that reflects the lessons of what he describes as a disappointing past. He was rather clear in an early July statement to An-Nahar, as he sharply criticized the PPP contract between Electricité du Liban (EDL) and service providers, calling it a “big lie.” He believes the deal should have been ...