by Reuters — Lebanon’s pound is stable and the central bank has the means to defend its stability, central bank governor Riad Salameh said on Monday, urging fiscal reforms to reinforce monetary stability. Salameh, in an interview with Reuters, said the central bank was not concerned about the pound – pegged at its current level since 1997 […]

by theguardian.com — Richard Hall and Oliver Holmes In most places around the world, a shepherd’s work is a quiet and solitary business. But in the rolling borderlands of southern Lebanon, a wandering sheep can lead to a diplomatic incident or worse. In the years since Israel’s withdrawal from most of Lebanon in 2000, a […]

by AFP – Her trainers beating down on the pavement along Beirut’s seafront, Nour Safieddine, 24, cuts past strollers ambling in the evening sun. In her bright pink T-shirt, she is running to survive. “I run to carry on, so life can smile at me even if it made me cry – or in fact, […]

by arabnews.com — JEDDAH: Twenty-one-year old Lebanese-Canadian beauty Rita Houkayem, who speaks three languages and runs her own driveway business, is up against 47 contestants at this year’s Miss Universe Canada. The event will take place on Aug. 18, the winner of which will represent Canada in the Miss Universe 2018 finals in Bangkok at […]

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 […]