Capital EE-managed fund buys 20 percent of Dairiday
Deal involves $2 million capital increase |
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IFP Group launches Project Lebanon 2024
At Seaside Arena – Beirut New Waterfront |
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$465 million spent to help refugees and the vulnerable
Assistance provided under Crisis Response Plan to face impact of Syrian war |
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Minimum salary set at LL18 million
More than doubled but still less than half pre-crisis level |
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Central Bank to manage Creditbank temporarily
Names Muhammad Baasiri, former Deputy Governor, as director |
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$7.6 billion needed for climate-related projects
Targeted sectors: Energy, water, transport, and solid waste, as per World Bank report |
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Port of Beirut revenues increase to $150 million
Number of handled containers rises to 800,000 TEUs |
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Hosting Syrian refugees costs $1.5 billion per year
World Bank will present its assessment to donors |
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BDL boosts FX reserves by over $1 billion at no cost
Central Bank policy forces the State to balance the budget |
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Currency in circulation dropped by 31 percent
Stability reached since July |
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Hotel occupancy dropped in 2023
Decline driven by Gaza war and Airbnb competition |
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Monoprix is back via franchise to Spinneys owner
First store to open in Hamra this year |
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$34 million plan to restore fiscal management functions
Disbursements to be linked to performance |
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Court revokes writing off BDL obligations to banks
Provision was key to government recovery plan |
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Manara Dairy builds plant adds butter and new cheeses
Total investment of $7 million |
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Depositors allowed to withdraw $150 per month
From foreign currency accounts opened since onset of crisis |
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Solidere shares up ten percent amid a surge in trading volume
Rally anticipates decision about lollar deposits |
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Number of firms reporting sales growth rises four times
Average increase in terms of value was 42 percent |
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Airport passenger traffic up 12 percent
Visitors include 1.7 million tourists |
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UN projects GDP growth reaching 1.7 percent in 2024
Report estimates flat performance in 2023 |
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