Lebanon Economy

BEIRUT (AP) – Lebanon’s Information Minister is expected to announce his resignation on Friday, in a bid to ease an unprecedented diplomatic crisis with Saudi Arabia and other Gulf countries. Local media reported that Minister George Kordahi intended to step down, weeks after television comments he had made criticizing Saudi Arabia’s war in Yemen sparked …

Live Updates: Follow the latest news on Covid-19 Omicron variant Lebanese health authorities will impose a curfew on unvaccinated people during the upcoming holiday period as concerns grow over a new wave of coronavirus caused by the Omicron Covid-19 variant. Lebanon has yet to register a case of Omicron, but fears the virus could spread …

By ANNE D’INNOCENZIO Editor AP Retail NEW YORK (AP) – Americans are spending freely and returning to shop in-store, reversing some of the momentum in online sales last year, when Americans did much of their shopping exclusively through the internet. Shopper traffic roared on Black Friday, but it was still below pre-pandemic levels, in part …

Abstract During the first half of 2021, approximately 438,000 Palestinian refugees in Syria, 28,017 Palestinian refugees from Syria (PRS) in Lebanon and 18,164 PRS in Jordan entered a state of greater poverty and vulnerability as the impact socio-economic impact of the COVID-19 pandemic has worsened. and unemployment rates have skyrocketed across the region.In Syria, the …

It has been 20 years since Bahaa Hariri voted in the Lebanese elections. After the assassination of his father Rafik Hariri in 2005, the heir apparent to Lebanon’s most influential family retired to Paris, where he has spent the past 15 years running a business empire. Devoured with grief, he had no interest in following …

NOTnothing makes sense. Along England’s east coast, British employers are scanning the horizon. They desperately need all the migrant workers Boris Johnson will bless with visas to pick fruit, kill turkeys, staff hotels or care for the elderly. At the same time, along the south coast, British politicians are screaming in horror at the cargoes …

Lebanese President Michel Aoun said on Saturday that Lebanon aims to reach an agreement on the demarcation of maritime borders with Israel that would guarantee the country’s right to invest in its natural resources, according to a statement from the Lebanese presidency. “Lebanon looks forward to resuming indirect negotiations mediated by the United States with …

Every two days, Karl Karam and his fellow architect Jihad Farah drive two hours from the Lebanese coast to a field of purple flowers in the Bekaa Valley, near the border with Syria. The friends have traded their leaders for shovels and turned to saffron cultivation as construction projects dwindle amid an economic collapse that …

IRBIL, IRAQI KURDISTAN: Iranian-backed Iraqi militias rejected the results of the October legislative elections in Iraq, in which their political wings did very poorly, and elements among them may well have been behind of the attack on Prime Minister Mustafa Al-Kadhimi earlier this month. But can anything be done on a practical level against the …

Lebanese airline Middle East Airlines has postponed delivery of its four Airbus A330neo on order until 2026 as it tries to recover from the twin challenges of the pandemic and the economic crisis in Lebanon. Speaking to FlightGlobal at the Arab Air Carrier Organization’s AGM in Doha on November 11, MEA Chairman Mohamad El-Hout said …