With an exchange rate now exceeding 9,000 Lebanese pounds to the dollar on the black market, which has become the only source of foreign currencies for importers (except for some subsidized ...

Lebanese resilience is being severely tested by the ongoing financial crisis. Economic and social costs are overwhelming, businesses and jobs are disappearing, as poverty spirals out of control. The ...

To those who continue to deny the magnitude and severity of the crisis, Lazard’s consultants, who helped develop the plan, say they have “rarely seen” such large financial imbalances in other ...

All credible policy choices derive their legitimacy only from their acceptance by the wide public. Unfortunately, the real situation of the state of public finances and of the health of the financial ...

Launched by Jean Nehmé, a British-Lebanese, and his partner Andre Chow, the startup puts technology at the service of surgeons. In 2013, the two surgeons were fresh graduates from Imperial College ...

Lebanon’s startup sector is worth nearly a billion dollars and represents 1.5% of the country’s GDP, Riad Salameh, governor of BDL, announced in September on MTV channel. That’s a far cry from where ...

The COVID-19 triggered a major health emergency and a severe economic crisis. The pandemic came against a backdrop of highly globalized economies, integrated supply chains, high share of services in ...

Le magazine Forbes Middle East a publié pour la première fois un « Top 35 des Libanais les plus influents du monde des affaires ». Plusieurs des personnalités nominées se sont vues remettre leur prix ...

Would early parliamentary elections make it possible to change the situation and finally offer the Lebanese people prospects for exiting the crisis? For political scientists, the answer is clear.

As the coronavirus pandemic reaches stage 2 and continues to spread in Lebanon, with 149 cases of Covid-19 reported to date, authorities are intensifying containment measures. Following the closure of ...

It is very difficult for me to admit that the banks and the central bank are responsible for the current crisis. Of course, arguments can be found to incriminate them, but the real culprit is the ...

Between five million and 25 million jobs. This is what the coronavirus pandemic may cost the world economy, the International Labor Organization (ILO) warned in a study published on March 18. In the ...