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