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The National on MSNLebanon could seek $1bn in damages in foreign courts over country’s largest financial scandalFull coverage here Lebanon could claim up to $1 billion in damages through foreign courts in relation to the country’s ...
The government unveils a $50 million investment plan for the development of generative AI and DPI to streamline the delivery ...
Lebanese officials hope to meet international bondholders to talk about restructuring debt in the next 12 months but are not planning any meetings at the World Bank/IMF Spring meetings next week, ...
Lebanon’s economy has been witnessing its worst crisis in its modern history since 2019 and the state must implement reforms demanded by the international community. Such reforms are needed to unlock ...
Jaber said. Foreign donors hold the key to Lebanon’s recovery, but to meet their demands, the state must do what it has never done before: Undertake painful economic and structural changes ...
Economy Minister Amer Bisat said the state ... “There’s a limit to how much we can impose on each of them,” Bisat said. Lebanon defaulted on some $30 billion of international bonds in 2020 at the ...
Karim Souaid also said the central bank would counter terrorism financing and eliminate the parallel economy as it seeks to ...
Lebanon City is showcasing a remarkable transformation marked by reduced crime rates and significant investments in infrastructure, while simultaneously grappling with housing shortages and economic ...
Since 2019, Lebanon has suffered through one of modern history’s worst economic crises. State services have been battered, including the electricity sector, leaving those who can afford the cost ...
BEIRUT — Lebanon appointed asset manager Karim Souaid to the post of central bank governor Thursday as the government tries to reform the economy after months of war and decades of mismanagement ...
These elements portray an economy with significant potential, yet emphasise the need for accelerated reforms and broad ...
Lebanon’s commercial banks have been hesitant to implement some of these reforms, as it would burden them with the country’s tens of billions of dollars in economic losses, experts and ...
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