Fouad Zmokhol on reforming Lebanon: “It’s time to act”
ByTheEast: A few weeks ago, Beirut hosted the Arab Economic and Social Development Summit which turned out to be a fiasco. Economic commentators pointed to the humiliation faced by Lebanon because...
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What they said about the new Cabinet
President
Michel Aoun: “The government comprises new faces and they are good, but it is
surprising that we have started hearing criticism against...
Refugees prefer flooded camps in Lebanon
The sun has come back for a few days now, but a new storm is coming. Natural catastrophic storm will hit again the Syrian refugees at Lebanon adding rain and snow piles...
Lebanon’s elephant in the room: its debt sustainability
Debt
sustainability has become a focal point for Lebanon’s economy
following comments made by its finance minister vis-a-vis its public
debt. Beirut’s dollar dominated sovereign bonds also witnessed a
sell-off midst a market turbulence following concerns...
Debt restructuring is ‘absolutely not’ on the card
Introducing a restructured debt wasn’t an imminent
future in Lebanon, thought Goldman Sachs. However, the country has turned its
focus on investors’ recovery while financial crisis stands knocking at the
country’s door.
Are heavy rains the sole problem in Lebanon?
Heavy rains and flooded highways are definitely not the sole problems in our beloved Lebanon. In order to deal with its economic problems, the country needs first to address corruption and the...
Growth rebound of 2% reported in MENA
The oil price hike is mostly behind the modest growth rebound which has proven to be beneficial to the local exporters of oil while the pressure was felt by the oil importers....
Hydrocarbon exploration could start in early 2019
Hydrocarbon exploration is taking a lead towards developing Lebanon’s economy. The Ministry of Energy & Water along with the Lebanese Petroleum Administration (LPA) have announced that bidding for the second licensing round...
Syria’s new constitution could dawn in 2019
Syria’s constitution got a shot in the arm when the United Nations along with Turkey, Iran and Russia voiced hope that the committee charged with writing it will begin work in early...
Qatar Investment Authority accelerates investments in tech
The Qatar Investment Authority (QIA) has accelerated its investments in technology while keeping the door wide open for strategic partnerships in tech related investments, said Mansour Ibrahim al-Mahmoud, its CEO, on the...