Khazen

Lebanese Economy to Grow by Two Percent in 2018

Lebanon’s Banque Du Liban Governor, Riad Salameh, have said that he expects the economy to grow by two percent and for inflation to range between four and five per cent in 2018. The estimates are made in the light of a slowdown in the real estate sector and stable consumption, added Salameh. Speaking at the […]

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Shakira visits her grandmother’s Tannourine village in Lebanon

Colombian Lebanese pop star Shakira on Friday visited the village in Lebanon where her paternal grandmother was born, an AFP journalist said. “Hello Tannourine, thank you, I am happy to be here!”, the 41-year-old singer said in Arabic during a visit under high security to the village of Tannourine in Lebanon’s mountainous north. Accompanied by […]

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China Eyes Investments in North Lebanon

by albawaba.com –The long-mooted revival of the railway between Tripoli and the Lebanese-Syrian border may have finally found an investor, with profound implications not only for the economy of north Lebanon but for the balance of power in the wider Middle East. “We have a proverb saying, “If you want to get rich, build a […]

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Aoun: No Fear of Bankruptcy in Presence of Lebanon Oil Wealth

by naharnet — President Michel Aoun on Thursday slammed “those who voice stances that weaken confidence in the Lebanese economy and the national currency,” reassuring that Lebanon cannot go bankrupt in the presence of its “oil wealth.” “No one will manage to halt the campaign of reform and combating corruption that I started upon assuming […]

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Croatia’s World Cup soccer coach clings to the rosary as he finds success

by catholicnewsagency.com — Zagreb, Croatia, Jul 11, 2018 / 02:34 pm (CNA).- On Sunday, Croatia’s soccer team will play France in the championship game of the 2018 World Cup, after running victoriously through a string of soccer powerhouses in the tournament. Here’s one reason Catholics in the US might be rooting for the small Central […]

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Beirut named in world’s top 15 cities by Travel + Leisure magazine!

lebaneseexaminer.com — Beirut was named in the world’s top 15 cities Tuesday in a list released by the New York-based Travel + Leisure magazine. The magazine ranked Beirut as the fifteenth best city in the world with a score of 87.04 out of 100. The score took into consideration the city’s landmarks, culture, cuisine and […]

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Cannabis and avocados: Can they save Lebanon’s economy?

by middleeasteye.net — Cannabis and avocados are among the exports which could help open up Lebanon’s ailing economy, a firm hired by the world’s most indebted nation has reportedly suggested. US-based McKinsey & Co. propose the country legalise production of the drug already widely grown in eastern Lebanon and open its produce to new markets. […]

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Lebanon Hosts More European Tourists Than Gulf Visitors in 2018

By Paula Astih — albawaba.com — With the start of the tourism season in Lebanon, a rise in the number of European tourists was registered against a decline in the number of Gulf visitors, who seem to be waiting for a decision by their countries to lift the ban on travelling to Lebanon, which is apparently linked […]

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Father of jailed Lebanese tourist in Egypt says ‘no official effort’ to free daughter

by alaraby.co.uk — The father of Lebanese tourist jailed in Cairo for insulting Egyptians in an online rant has slammed the “silence” from authorities and human rights groups regarding the case. Ali al-Mazbouh told The New Arab’s Arabic-language service on Monday that Lebanese authorities have failed to take action to secure the release of his […]

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