Khazen

Hariri Cites Greek-Style Debt Woes in Unveiling Lebanon Budget

  By Dana Khraiche Bloomberg– Lebanon’s cabinet approved a draft budget for 2018 that includes shutting some government agencies and cutting public spending by a fifth, weeks ahead of a planned donor conference to revive one of the world’s most indebted economies. Prime Minister Saad Hariri said his country must take more measures to ease its “economic […]

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Armenian, Lebanese Prime Ministers discuss enhancement of economic ties in Beirut

YEREVAN,  ARMENPRESS. Armenian Prime Minister Karen Karapetyan arrived in Lebanon on March 12 on a two-day official visit. After the official welcoming ceremony in the Beirut airport, the Armenian PM and his delegation departed to the governmental seat of Lebanon, where PM Saad Hariri welcomed his Armenian counterpart. A one on one meeting of the […]

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Car Sales in Lebanon Drop 23 Percent in January: Report

albawaba — by DailyStar.com.lb — Car sales fell 23 percent in January compared to December 2017, a report by the Automobile Importers’ Association shows. The report said Korean brands Kia and Hyundai saw a modest drop in sales in January despite efforts to maintain their sales level. Kia’s sales for January showed a slight decline, according […]

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Lebanon finance minister says budget to be approved Monday

BEIRUT, March 11 (Reuters) – Lebanon’s 2018 budget includes big reductions in spending plans and will be approved by the cabinet on Monday, Finance Minister Ali Hassan Khalil told Reuters on Sunday. “The budget has been amended, large cuts were made, the (planned) deficit has fallen from the numbers that were presented before and there […]

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Lebanese plastic surgeon attacks president of plastic surgery society on board flight to Dubai

by arabnews.com DUBAI: A Lebanese plastic surgeon attacked the president of the Lebanese Society of Plastic Reconstructive and Aesthetic Surgery aboard a flight from Beirut to Dubai on Saturday, national news channel LBC reported. Famous cosmetic surgeon, Nader Saab, physically and verbally attacked Dr. Elie Abdelhak over a report submitted by the society based on the death […]

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Exhibited legacy of Lebanese cartoonist rings true today

Daringly sober. A 1965 caricature about Egyptian President Gamal Abdel Nasser’s presidential candidacy referendum getting 99.99% support from voters.(Pierre Sadek Foundation) thearabweekly.com – Samar Kadi –  BEIRUT – Visitors to Beirut’s Sursock Museum were thrust back decades, watching Lebanon’s recent history marred by war, Israeli occupation and political instability displayed at “Picturing History,” an exhibition of the work of […]

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Jeff Bezos is now making an astonishing $230,000 every minute

by Brad Tuttle,  MONEY  — Amazon founder and CEO Jeff Bezos started 2018 as the world’s richest man—and his net worth has positively skyrocketed so far this year. Jeff Bezos’ net worth is based mostly on the price of Amazon stock, and Amazon shares have been soaring, up more than 50% over the past six months. Bezos […]

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France’s $17m worth of aid to help Lebanon boost security

Reuters – PARIS: France will provide €14 million ($17 million) worth of aid to the Lebanese army, to include training and equipment such as anti-tank missiles, an official said on Thursday. The aid is part of efforts to strengthen Lebanon’s institutions and boost security amid growing internal political tensions. The army, one of the few […]

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Lebanese Interior Minister Blames Iranian Meddling for Crisis in Arab World

Beirut – Asharq Al-Awsat — Lebanese Interior Minister Nouhad al-Mashnouq said on Thursday that Iran’s expansion in the region “is one of the reasons for the security and political crisis in the Arab world.” He stressed: “Lebanon is a Lebanese responsibility, but it has been an Arab responsibility for several years and their first line […]

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This is an important trip for Mohammad bin Salman

By catholicherald.co.uk –  It’s fair to say that no Saudi leader has ever attracted as much personal attention as the Crown Prince Mohammad bin Salman (MbS). Hailed as a reformer and moderate, his strategy is to take the economically troubled kingdom to greater things by 2030. Allowing cinemas to open, and women to drive and attend football […]

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