Tag Archives: Paul Morcos

Lebanon has officially granted Elon Musk’s Starlink a license to operate in the country, a move seen as a potential lifeline for a nation grappling with severe infrastructure challenges. The decision, announced late Thursday by Information Minister Paul Morcos, will allow Musk’s satellite internet service—operated by SpaceX—to cover Lebanon nationwide. A Step Toward Digital Connectivity The approval comes at a …

Lebanon has taken a significant step toward addressing its ongoing financial crisis by adopting a draft law aimed at restructuring its banking sector. The move is seen as a critical milestone in meeting the reform conditions set by international lenders, particularly the International Monetary Fund (IMF), as the country continues to grapple with an economic collapse that began in 2019. …