Khazen

Lebanese businesses suffer from illegal competition by Syrian companies: minister

BEIRUT, Sept. 3 (Xinhua) — Lebanese legal businesses have suffered from illegal competition by Syrian companies operating in Lebanon, said caretaker Economy Minister Raed Khoury Monday. “These illegal companies do not pay taxes or social security for their employees while selling their products and services at lower prices,” he was quoted by Elnashra, an online […]

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In Lebanon, Russia uses softer touch to win influence

jordantimes.com —ALEY, Lebanon — Moscow may have won influence in war-torn Syria through its blistering military intervention, but it is adopting a softer approach in neighbouring Lebanon, where France and the US have held stronger sway. Whether through cultural outreach, planned business deals or traditional diplomacy, Russia appears to be trying to put down deep […]

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Exclusive: Lebanese PM Hariri addresses resignation, Syria, and relationship with Hezbollah

by euronews.com — After seven years of ravaging war in Syria, Lebanese Prime Minister Saad Hariri told Euronews’ correspondent Anelise Borges in an exclusive interview that he would be dealing more with Russia rather than the Syrian regime. Borges spoke with Hariri about what it’s like to be surrounded by war, his relationship with Russia […]

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UAE used Israeli spyware to hack Saudi, Qatari and Lebanese rivals

by telegraph.co.uk — The United Arab Emirates had asked an Israeli spyware company it had contracted to surveil dissidents to tap the phone calls of the prime minister of Lebanon and other Arab officials, it emerged Friday. The Emirati government reportedly asked the NSO Group how best to hack the phones of various politicians, with […]

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Top 10 destinations haven’t changed much, but there’s a number of locations seeing growing traffic

by news.com.au — JUST when you thought you were stalking your mate’s Amalfi Coast or party pictures in Vegas, upon closer inspection, you realise they’ve actually checked into Beirut, Lebanon. While Bali, Italy and the United States remain some of the most popular holiday destinations, new research by finder.com.au has revealed that locations such as […]

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Lebanon: New Government Formation Could be Pushed to 2019

by naharnet — The Cabinet formation process has witnessed no positive developments and the current complications are threatening to delay the creation of the new government until early 2019, media reports said. “New hurdles are surfacing everyday and the parties concerned are not announcing their true stances,” al-Joumhouria newspaper reported Wednesday. “Any of the parties […]

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Opinion: Lebanon’s real estate market remains buoyant outside Beirut

by arabianbusiness.com — In recent years, Lebanon has faced an undeniable economic slowdown, and yet, average real estate property prices seem to have been sustained. This may be good news for the economy, but the current level of prices continue to remain out of reach of those in the middle-income strata. Over a nine year […]

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GDP Growth to Drop in 2018 Due to Political Instability in Lebanon

by Dailystar.com.lb — The Economist Intelligence Unit predicts Lebanon’s GDP growth to slow to 1.7 percent in 2018 due to political instability, potential military conflict and tax changes. “Lebanon’s investor sentiment (especially toward tourism and construction) and private consumption growth will be held back by political instability, potential military conflict and tax changes, including increases to […]

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Switzerland-Lebanon: what they have in common

 Sightseeing in Beirut: Swiss President Alain Berset (left with blue tie) is shown around by Schmutz Kirgöz (right with beige skirt). by swissinfo.ch — Lebanon is often compared with Switzerland. swissinfo.ch asked the current Swiss ambassador in Beirut to explain why that is and why the Alpine nation is so popular in Lebanon. Switzerland and […]

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180,000 young Wall Streeters took the grueling CFA exam this year — nearly 100,000 of them failed

Finance professionals who took the final level of the Chartered Financial Analyst exam in June found out on Tuesday how they did in the grueling test of financial know-how. The exam, which asks candidates questions on everything from financial modeling to the ethics of business, is considered one of the most grueling tests in the […]

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