AMMAN: Syrian authorities sought to defuse tensions in Banias by agreeing to withdraw the feared secret police from the restive coastal city replacing them...
AMMAN: The leader of Syria’s outlawed Muslim Brotherhood declared his support for pro-democracy protesters challenging President Bashar Assad and said a harsh...
AMMAN: Syrian protests which broke out in the southern city of Daraa nearly three weeks ago have taken root in an urban center near Damascus, where thousands...
DAMASCUS - Syrian forces killed at least six people on Wednesday in an attack on a mosque in the southern city of Daraa, site of unprecedented protests...
TISIA, Syria: Under rainless clouds covering Syria’s strategic Hauran plateau, gravedigger Khalil al-Meqdad toils for 12 hours a day to feed his eight...
Central Bank Governor Riad Salameh is forecasting near zero growth for the Lebanese economy and possibly negative inflation this year. But Salameh said...
The World Bank urged the Lebanese government on Thursday to embark swiftly on privatisation to reduce the country’s massive public debt, but denied it had...
Specialists advising Arab bankers on creating a venture capital industry say they have found resistance from the business establishment to outside...
BEIRUT: The Lebanese economy could grow up to 3 percent this year if prospects for peace between Israel and Syria improve substantially, a leading bank said...
DAMASCUS: Labour Minister Ali Khalil predicted on Wednesday that Syria’s unemployment rate would remain at around 8 percent this year but would fall sharply...
Banque Audi is preparing to launch a eurobond for up to $100 million and another bond of unspecified amount that can be converted into the bank’s GDRs. ...
One of Saudi Arabia’s largest banks invited investors to look afresh at Lebanon on Friday, saying that prices have fallen to attractive levels and the economy...
The head of the organization in charge of drawing investment into Lebanon has resigned in a move that surprised financiers already concerned by a decline in...
Finance Minister George Corm said Friday his government plans to issue $750 million of Eurobonds in different currencies next month, part of a new $2 billion...
Credit Libanais plans to become the first Arab bank to introduce smart cards this year as part of expansion plans heavily focused on technology. “We are to...
The markets are unsure about Georges Corm, the new Finance Minister who has frequently warned that the Lebanese miracle was built on weak foundations and that...
Reorganising the tax system should be one of the main priorities of the new governmnt, according to an influential Lebanese economist. “Distributing the tax...
The first international rating report to be issued in the wake of Rafik Hariri’s exit from government has maintained the negative outlook for the country. ...
Rafik Hariri leaves office as the embodiment of Lebanese entrepreneurship. The middle-class young man from Sidon who made it in Saudi Arabia and returned to...
If the economy was to be gauged on the night after the day’s extraordinary news, then the reaction of businessmen and women who dined with Riad Salameh,...
Shareholders in Transorient bank, which is to merge with Bank of Beirut, will receive an estimated $45 million and a 10 percent share of the united bank. ...
Bank of Beirut is to merge with Transorient Bank in a move that marks the first consolidation in medium-size Lebanese banking. The Transorient name will...
The factory is clinically clean and the aroma of ground coffee quite intoxicating. In the hills above Jdeideh the $6.5 million production center for Najjar...
Banque Libanaise pour le Commerce plans to raise a minimum of $50 million in the bank’s first move toward the international bond market. A senior financier...
The International Finance Corporation, the investment arm of the World Bank, is finalizing a deal to acquire a 10 percent stake in Banque Saradar...