One of Vanderbilt’s joint ventures is planning a $71.87 million investment in Lebanon. Here’s who the joint venture is with, what the two entities are trying to build and where it will be.
Struggle intensifies in Lebanon over IMF-sponsored bank reforms
Lebanon has so far failed to implement most of the reforms demanded by the IMF since the currency lost more than 90 per cent of its value and bank deposits were wiped out in the 2019 crisis, with …
Lebanon’s Finance Minister to Asharq Al-Awsat: Depositors’ Funds to Be Recovered in Three Phases
Yassin Jaber, Lebanon’s Finance Minister and head of the Lebanese delegation to the IMF and World Bank Spring Meetings in Washington, said that the recovery of depositors’ funds in Lebanese banks will …
Financial overhaul: Finance Committee debates bank reform, fails to move forward on legislation
Report by Lara El Hachem, English adaptation by Yasmine Jaroudi A heated three-hour session of Lebanon’s Parliamentary Finance and Budget Committee failed to advance the draft ban …
Financial overhaul: Finance Committee debates bank reform, fails to move forward on legislation
Report by Lara El Hachem, English adaptation by Yasmine Jaroudi A heated three-hour session of Lebanon’s Parliamentary Finance and Budget Committee failed to advance the draft ban …
Plaza at Five Oaks development coming to Lebanon
A new development is coming to Lebanon that will include multiple commercial restaurants, retail and a hotel near the Five Oaks neighborhood.
Developer Sieber Construction plans $11.9M housing project in Lebanon
Sieber Construction will build an $11.9 million housing project called Belmar Trail following a state tax credit award.
Five Years After He Escaped in a Crate, Fugitive Carlos Ghosn Is Teaching Business Strategy
Ghosn lives in Lebanon where he teaches business strategy and avoids arrest warrants from Japan and France …
Banking secrecy amendment boosts Lebanon’s reform credibility — will donors see it as real change?
An 87-vote amendment to Lebanon’s banking secrecy law was a key component of the Lebanese delegation’s mission to Washington. Following negotiations between Lebanese delegations in Washington and …
Lebanon signs $250 million World Bank loan for electricity reform
Lebanese Finance Minister Yassine Jaber signed a $250 million loan agreement with the World Bank, aimed at alleviating Lebanon’s long-standing electricity crisis, a statement by the ministry said on …