economy

Al-Qard Al-Hassan: Is Hezbollah's 'Bank' in Jeopardy? (2/2)

Maurice Matta, 2024-10-16 08:30 - Reading : 8 minute(s)

Economy Al Qard Al Hassan Hezbollah Lebanon

Many legal experts agree on the idea that "the Al-Qard Al-Hasan Association is a loophole in Lebanese law." The change in terminology does not alter the legal nature, which means that it is, in essence, a bank under legal reality and cannot be considered a non-profit charity organization, as it identifies itself. Specific circulars about Al-Qard ...

Strike by Civil Servants in Three Ministries

This Is Beirut, 2024-02-21 14:36 - Reading : 1 minute(s)

Civil Servants economy

Civil servants from the Ministries of Labor, Economy and Information will be on strike starting Wednesday in support of their wage demands. They are protesting against the fact that they have been excluded from the allowances that the government plans to grant to certain categories of civil servants. A delegation from the syndicate representing ...

Israeli Job Cuts Hit West Bank Economy

This Is Beirut, 2023-12-12 13:25 - Reading : 3 minute(s)

economy Gaza

The impact of the Gaza war, including the termination of work permits, has left West Bank Palestinians in a dire financial situation as violence in the West Bank escalates. West Bank Palestinian Ibrahim al-Qiq lost his Israeli job permit after the Gaza war began, plunging him into despair and debt like thousands of others in the Palestinian ...

It’s the Politics, Stupid!

Nicolas Sbeih, 2023-12-05 18:49 - Reading : 5 minute(s)

economy harvard Lebanese crisis

This column is known for its scathing critiques but is not accustomed to delivering insults. Nevertheless, the expression in the title has a history: During Bill Clinton's 1992 presidential campaign, his campaign strategist created three slogans, including "It’s the Economy, Stupid" (addressing his rivals), meaning that everything revolves ...

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