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Tag: Lebanon

Posted on February 1, 2023

Lebanon to devalue currency by 90% on Feb. 1, central bank chief says

REUTERS/Mohamed Azakir/File Photo BEIRUT, Jan 31 (Reuters) – Lebanon will adopt a new official exchange … article with image 1:06 PM UTC Future of Moneycategory Britain’s finance ministry sets out …
Posted on February 1, 2023

Lebanon asks court to dismiss lawsuit over annexation

The City of Lebanon on Tuesday answered a lawsuit that claims city leaders broke the law when they annexed and rezoned land for the proposed LEAP Lebanon district in December.

( read original story …)



Posted on February 1, 2023

Regional power plan for Lebanon held up over Syria sanctions – French official

Egypt is still seeking assurances that U.S. sanctions will be waived in order to start exporting gas to Lebanon through Syria under a plan first announced in 2021 to help ease Lebanon’s power crisis, …
Posted on January 31, 2023

Cash Is King in Lebanon as Banks Atrophy

Cash is now king in Lebanon, where a three-year economic meltdown has led the country’s once-lauded financial sector to atrophy. Zombie banks have frozen depositors out of tens of billions of dollars …

( read original story …)



Posted on January 29, 2023

TotalEnergies says well drilling in Lebanon’s offshore Block 9 to begin in Q3

TotalEnergies is keen to start work on Lebanon’s offshore Block 9 “as soon as possible”, with assessments to begin early next month and well-drilling to launch in the third quarter of 2023, its CEO …
Posted on January 29, 2023

Qatar replaces Russian company in Lebanon gas exploration

Lebanon, two international oil giants and state-owned oil and gas company Qatar Energy agreed Sunday that the Qatari firm will join a consortium that will search for gas in the Mediterranean Sea off L …
Posted on January 29, 2023

‘The ‘Shiite crescent’ of Lebanon, Syria and Iraq is at risk of crumbling’

OP-ED. Antoine Basbous, a specialist of the Arab world, says that Beirut, Damascus and Baghdad are sinking further into crisis due to the scarcity of the dollar, institutional chaos, economic disorder …
Posted on January 29, 2023

UN Raises Alarm Over World Heritage Sites In Yemen And Lebanon

UNESCO’s World Heritage Committee has added landmarks of the ancient Kingdom of Saba in Yemen and the futuristic Rachid Karameh International Fair in Tripoli, Lebanon to the danger list …
Posted on January 29, 2023

UNESCO Lists Yemen, Lebanon Sites As World Heritage In Danger

PARIS – The United Nations on Wednesday inscribed an ancient city and its dam in war-torn Yemen and a futurist park in cash-strapped Lebanon on i …
Posted on January 28, 2023

Meet judge Tarek Bitar, rattling Lebanon’s political class in blast probe

This is rare in Lebanon, where sectarian allegiance often infiltrate all … it possible for him to do so unless there is physical aggression against him.” Business and policy professionals use PRO to …

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