Lebanon received a critical boost to its failing power sector on Saturday as the first Kuwaiti oil tanker entered its territorial waters with desperately needed fuel. The delivery, part of a newly …
Whish Money partners with Mastercard to enable remittances in Lebanon
The tie-up enables Lebanese individuals to send funds to over 50 countries and receive money from abroad using Mastercard Move’s solutions.
$250 million loan marks start of Lebanon’s major reconstruction efforts—the details
Early next week in Beirut, Finance Minister Yassine Jaber and Jean-Christophe Carret, the World Bank’s regional director for the Middle East, will sign a $250 million loan agreement dedicated to …
Meta’s 1,500-acre data center marches forward in Lebanon
Meta’s plans to build a 1,500-acre data center in Lebanon’s LEAP Research and Innovation District continue to move forward after being given the thumbs up by the planning commission. Referred to as …
Plans for Meta data center at Lebanon Leap District advance
On Monday, the Lebanon Planning Commission issued a favorable recommendation for Meta’s project, which is expected to occupy 1,500 acres within the Leap District.
Egypt plans to export electricity to Iraq, Syria, Lebanon
According to Asharq Business, Egypt plans to export electricity to Iraq, Syria, and Lebanon via a 2,000-megawatt underwater cable to Jordan. The new cable will run from the Egyptian city of Taba in …
Parliament Veteran Jaber Proposed as Lebanon Finance Minister – Yahoo
(Bloomberg) — Veteran lawmaker and former economy minister Yassine Jaber has emerged as a frontrunner for the job of Lebanon’s next finance minister, a key post as the country seeks to reform …
Lebanon’s Nabatieh begins slow rebuild despite obstacles after Israeli destruction of historical sites
Among the dozens of historic homes that dotted the city of Nabatieh in southern Lebanon, few were as renowned or majestic as El Fadl villa. Reduced to a shell last year, the mansion was the family …
Netherlands-based NewCold plans $150M expansion in Lebanon
Netherlands-based NewCold, an advanced cold storage logistics company, is planning a $150 million expansion of its 380,000-square-foot facility at Lebanon Business Park. The expanded facility …
Edwards Feeds: Lebanon family business around for 90 years
For some, Vicie Mae Brown Edwards was considered the first business woman in Lebanon. And now, five generations later, her legacy lives on.