by cnbc.com —Kate Kelly — Saudi Arabia’s best-known investor is back in the market. Prince Alwaleed bin Talal, a longtime investor in international businesses including Citigroup, Twitter, Lyft and the Four Seasons hotel chain, announced a $270 million transaction with the French music-streaming company Deezer on Thursday. The Deezer investment is the prince’s first big international […]

Reuters BEIRUT: Activity in Lebanon’s private sector shrank at its fastest rate since October 2016 in July, as efforts to form a new government three months after parliamentary elections made no headway, a survey of companies showed on Friday. The seasonally adjusted Blom Purchasing Managers’ Index (PMI), compiled by IHS Markit, fell to 45.4 in […]

by english.alarabiya.net — Lebanon’s electricity company known as “Electricite du Liban” announced Thursday that it will take “disciplinary measures” against a staff member who was breeding chicken at the company’s Beirut headquarters, after the incident went viral on social media amid mounting criticism of the authority which is riddled with corruption. EDL said in a […]

by thenational.ae —The head of Lebanon’s Association of Banks said on Thursday that the country’s financial sector had returned to Iraqi authorities nearly all money hidden in Beirut banks by officials under former dictator Saddam Hussein. The announcement came the day after the head of Lebanon’s General Security branch, Maj Gen Abbas Ibrahim, said that […]

BEIRUT, (Xinhua) — Sidon’s sea in South Lebanon is clean, safe and suitable for swimming, according to tests conducted by American University of Beirut, reported the National News Agency (NNA) on Wednesday. “The Environmental Core Laboratory at the university took three samples from different areas in Sidon’s sea to conduct the tests,” said the statement, […]

The Daily Star BEIRUT: Lebanon’s top brass gathered at the Shukri Ghanem Barracks in Fayyadieh Wednesday morning to celebrate the Lebanese Army’s 73rd anniversary, at a ceremony where a new class of officers graduated. Army chief Gen. Joseph Aoun led the proceedings, which were attended by President Michel Aoun, Speaker Nabih Berri and Prime Minister-designate […]

by middleeastmonitor.com — Lebanese Prime Minister, Saad Hariri said that he refuses to visit Syria or meet with Syrian President, Bashar al-Assad, under any circumstances, even if that would cost him his position. “It is impossible that I visit Syria, not now and not in the future… and if Lebanon’s interest requires so, then you […]