Fitch Ratings, one of the “Big Three” credit rating agencies in the world, has decided to downgrade Lebanon’s rating from B- to CCC, according to media reports “Lebanese sides have been informed that the Fitch agency has finalized its report and downgraded Lebanon’s rating to the level of CCC,” al-Joumhouria newspaper reported on Friday. This […]
Turkey aims to invest in Lebanon, its FM says
Turkish Foreign Minister Mevlut Cavusoglu said here on Friday that Turkey is highly interested in investing in Lebanon, the National News Agency reported. “Turkish companies want to invest in the energy field in Lebanon,” Cavusoglu said during a joint press conference held in Beirut with Lebanese Foreign Minister Gebran Bassil. Cavusoglu arrived in Lebanon on […]
Turkish foreign minister Mevlut Cavusoglu is in Lebanon for talks
foreign minister Mevlut Cavusoglu arrived in the Lebanese capital Beirut on Friday for an official visit. “In #Lebanon to hold bilateral meetings,” Foreign Minister Mevlut Cavusoglu said on Twitter. Following his meeting with Lebanese President Michel Aoun, Cavusoglu will meet with Parliament Speaker Nabih Berri, Prime Minister Saad al-Hariri and Interior Minister Raya al-Hassan. Cavusoglu […]
Lebanon calls on U.S. to support Syrian refugees’ social programs
Lebanese Minister of Social Affairs Richard Kuyumjian on Wednesday called upon the United States to support social programs for local communities hosting Syrian refugees. “These programs help the Lebanese society in facing the crisis which necessitates the support of such measures and initiatives,” Kuyumjian said in a statement issued by the ministry. Kuyumjian’s remarks came […]
Hariri inaugurates second expansion phase of Beirut Airport
Lebanon Prime Minister Saad Hariri inaugurated on Tuesday the second expansion phase of the Rafik Hariri International Airport in Beirut as he landed in Beirut returning from a visit to the United States in move aimed at easing congestion at the airport. Interior Minister Raya al-Hassan, Transport Minister Youssef Fenianos accompanied Hariri during the event. Six new […]
Saudi Arabia, UAE plan to invest in several infrastructure projects in Lebanon: Hariri
Saudi Arabia and the United Arab Emirates are looking to invest in up to 23 infrastructure projects in Lebanon, Lebanese Prime Minister Saad Al Hariri said on Friday. “We will present to (Saudi and the UAE) the projects we have in Cedre because they want to contribute and invest. The relationship between us has returned […]
Nasrallah denies Hezbollah seeking to eliminate , says ‘Israel not ready for war ‘
Hezbollah chief Hassan Nasrallah on Friday denied his party is seeking to eliminate others in Lebanon despite its “victory” in the region. In a televised speech marking the end of the 2006 war with Israel, he said : “We do not want to eliminate anyone and let no one blow disputes out of proportion. These […]
Aoun relocates to summer presidential residence in Beiteddine
President Michel Aoun relocated to the summer presidential residence in Beiteddine in the Chouf district of Mt Lebanon on Friday where a delegation of the Progressive Socialist Party is expected to welcome , the National News Agency reported. NNA said the PSP delegation comprised of PSP officials, lawmakers, religious figures, mayors and head of municipal unions are […]
Lebanese civil war-era leaders, remain relevant outmanoeuvred Hezbollah
Three figures from Lebanon’s civil war are proving indispensable in bringing about a fragile stability after the country recently endured one of its deepest political crises. The three, in different ways, outmanoeuvred the vastly more powerful Hezbollah movement. They stuck to nonviolence and called what proved to be a political bluff by Hezbollah, which is […]
US is tackling one of the world’s most dangerous border disputes
AS THE Trump administration presses Arab countries to sign off on President Donald Trump’s Israeli-Palestinian “deal of the century” amid growing Arab polarization and vocal pessimism, little attention has been given to another sensitive regional matter that the administration has been aptly and quietly tackling. This matter revolves around the demarcation of the Lebanon-Israel maritime […]