This is Beirut, 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 ...
Liliane Mokbel, 03/10 16:30 - Reading : 3 minute(s)
Economy Lebanon 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 ...
Christiane Tager, 03/10 10:30 - Reading : 2 minute(s)
New York economy art investment Lebanon
In an uncertain economic landscape, art is no longer just about decorating walls. For some, it represents a financial refuge where value can literally skyrocket in just a few years. A canvas like Pablo Picasso’s Les Femmes d’Alger (Version ‘O’) sold for more than $179 million, while Jean-Michel Basquiat’s Untitled (1982) fetched $110 ...
This is Beirut, 02/10 17:05 - Reading : 1 minute(s)
Tripoli port Lebanon container economy Ministry of Finance
The Ministry of Finance has denied, in a statement issued by its press office, rumors circulating on social media claiming that Minister Yassine Jaber blocked the entry of containers at Tripoli Port. These accusations, the statement says, have been presented through a sectarian lens and are “misleading.” The statement clarifies that no ...
This is Beirut, 01/10 10:21 - Reading : 4 minute(s)
United States Economy Politics Shutdown
The US government began shutting down Wednesday after lawmakers and President Donald Trump failed to break a budget impasse during acrimonious talks that hinged on Democratic demands for health care funding. Republicans and Democrats immediately blamed each other for the deadlock that will impact hundreds of thousands of government workers and ...
Liliane Mokbel, 29/09 19:05 - Reading : 3 minute(s)
Central Bank of Lebanon Banks International Monetary Fund Lebanon economy deposits BDL
At a luncheon debate hosted by the École supérieure des affaires (ESA), Karim Souhaid, the Governor of Lebanon’s Central Bank (BDL), presented his assessment of the country’s economic situation – “slowly but surely moving in the right direction” – to around 40 members of the Mouvement des entreprises de France (MEDEF), currently on ...
Liliane Mokbel, 25/09 15:15 - Reading : 3 minute(s)
Lebanon economy infrastructure Jounieh Highway expropriation
Widening Jounieh Highway will not happen overnight. The project is expected to take 36 to 40 months. As the saying goes, “A journey of a thousand miles begins with a single step.” Funding for the project is secured, Minister of Public Works and Transport Fayez Rasamny told the press, though he provided no further details. Sources close to the ...
This is Beirut, 24/09 15:20 - Reading : 1 minute(s)
Lebanon Waste Municipalities Landfills Parliament Economy
The Finance and Budget Committee, chaired by MP Ibrahim Kanaan, held a session on Wednesday that focused on Lebanon’s deepening waste management crisis and financial concerns related to private sector end-of-service indemnities. The committee approved a measure that empowers municipalities to manage waste collection and treatment in exchange ...
Christiane Tager, 24/09 14:00 - Reading : 3 minute(s)
Lebanon economy olives olive oil
In Lebanon, it’s hard to imagine a meal without a drizzle of olive oil. It flavors the morning man’oushe, enlivens salads, and graces every mezze platter. But this year, this staple of the Lebanese table risks becoming a luxury. The 2025 olive season is exceptionally poor, with serious consequences for both producers and consumers. A ...
This is Beirut, 22/09 20:10 - Reading : less than a minute
Lebanon Economy Lebanon’s Central Administration of Statistics Consumer Price Index
Lebanon’s Central Administration of Statistics (CAS) reported that the Consumer Price Index (CPI) rose by 0.56% in August 2025. On a year-on-year basis, the index increased by 14.17%, the agency said in a statement. The highest monthly increases were recorded in the North Lebanon governorate (+0.96%), followed by South Lebanon (+0.80%), Beirut ...
This is Beirut, 22/09 19:20 - Reading : 1 minute(s)
Lebanon Economy Nizar Hani Aradina Fair Trade Lebanon the French Development Agency
Agriculture Minister Nizar Hani on Monday launched the Aradina project, a four-year program to be implemented in partnership with CIHEAM Montpellier, Action Against Hunger and Fair Trade Lebanon. Aradina is funded by the French Development Agency (AFD) and aims to support 2,500 farmers and 145 cooperatives across Lebanon in adopting sustainable ...
Christiane Tager, 20/09 12:10 - Reading : 3 minute(s)
Lebanon Iraq economy fuel trade
For the first time in a decade, the Lebanese–Iraqi Joint Commission reconvened in Baghdad in September 2025, concluding its second session with the signing of seven accords. These span the economy, industry, transport and justice, including a treaty on prisoner transfers. The move sends a strong political signal and builds on an already pivotal ...