Moody’s expects Lebanon’s economy to grow 2.8 % this year

Rating agency Moody’s forecast Lebanon’s economy will grow 2.8 percent in 2018, slightly faster than last year thanks to the resumption of long-delayed public investment projects. The forecast revises down Moody’s previous forecast, published in September, for 3.0 percent growth in 2018. It also cut its growth estimate for 2017 to 2.5 percent, which is […]

China’s trade body (CCPIT) picks Lebanon as its Mideast, North Africa headquarters

Lebanon was chosen as the Middle East and North Africa regional headquarters for the China Council for the Promotion of International Trade (CCPIT), Lebanon’s Foreign Ministry announced in a statement on Tuesday. Lebanon was chosen due to its strategic location, free economy and openness to investment, the statement said. “CCPIT has 30 representative offices globally […]

Lebanon bans ‘The Post’ over Spielberg’s Israel support

Lebanon’s censorship authorities have effectively banned Steven Spielberg’s newspaper drama, “The Post,” because the American director is on a regional blacklist for supporting Israel. The directive by the country’s General Security agency still needs to be signed by Interior Minister Nouhad Machnouk to enter into effect, but that is considered a formality that is unlikely […]

Lebanon speaker urges Arab, Muslim countries to boycott the Trump admin

Speaker Nabih Berri who is  in Iran to attend a  conference on  the Parliamentary Union of the OIC (Organization of Islamic Cooperation) Member States  renewed on Tuesday his call for the transfer of Islamic embassies from Washington and for boycotting US President Donald Trump’s administration until he reverses a controversial recognition of Jerusalem as Israel’s capital. “I call on […]

Lebanese business delegation calls for restoration of Muscat-Beirut air link

 A Lebanese business delegation visiting Oman to sign production sharing agreement has requested authorities for the restoration of air link. Currently, there are no direct flights between the two countries, and a significant number of Lebanese nationals working in Oman are forced to take connecting flights via  other GCC countries. According to the Lebanese delegation Oman is […]

Lebanon Receives The Stolen Artifacts Recovered in NY

Lebanon’s state news agency says the country has received a trio of ancient artifacts looted from the country during its civil war and recovered recently by New York authorities. The treasures arriving Friday include a marble bull’s head dating to about 360 B.C. excavated at a Phoenician temple in south Lebanon decades ago. It was […]

Berri says some parties are trying to disrupt upcoming elections

Lebanon Speaker Nabih Berri  stressed to his  visitors a his residence that the electoral law would not be amended, because any changes would risk jeopardizing the elections, a statement from his office said. On Wednesday he was quoted as  saying  that attempts had been made to disrupt the upcoming parliamentary elections. Berri’s comments came after a ministerial committee […]

Gal Gadot dress trouble for Lebanese designer

The posting of a photograph of Israeli actress Gal Gadot in a dress by Lebanese fashion designer Elie Saab has caused consternation on social media. Israel and Lebanon have technically been at war since 1948, and Lebanon boycotts its southern neighbour. “I love and respect Elie Saab, but is he really happy an Israeli actress […]