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Economy

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EconomyTranslated2 outlets

Secretary General of the Association of Banks: Once again, financing the deficit with depositors’ money

National News Agency: National News Agency – The Secretary General of the Association of Banks in Lebanon, Dr. Fadi Khalaf, wrote in the opening editorial of the association’s monthly report: “Once again, financing the deficit with depositors’ money. At a time when banks are working to gather as much liquidity as possible to repay deposits to their owners, the state appears to be looking for…”

National News AgencyCH23
EconomyTranslated2 outlets

In the great powers’ race for artificial intelligence… are we building an ideal world or a frightening future?

Lebanon 24: Artificial intelligence is no longer purely a technical matter; it has become central to the geopolitical rivalry between the world’s two greatest powers. Just as the Cold War era was marked by the space race, this period appears to be defined by the race for artificial intelligence, whose ultimate goal is what is known as “artificial intelligence…

Lebanon 24CH23
EconomyTranslated

Musk announces closing $40 billion financing deal to buy chips

Lebanon 24: American billionaire Elon Musk announced that SpaceX had closed a $40 billion debt deal to finance the purchase of advanced computing chips needed to support its ambitions in artificial intelligence, but sources confirmed to Bloomberg News that discussions regarding the deal’s pricing are still…

Lebanon 24
EconomyTranslated

Oil prices decline

Lebanon 24: Oil prices fell today after jumping to their highest levels in nearly six months late last week, although ongoing attacks on Saudi Arabia kept supply concerns in the spotlight. Advertisement U.S. crude oil futures fell $2.14,…

Lebanon 24
EconomyTranslated

Gold prices decline

Lebanon 24: Gold prices hovered near their lowest level in three months as investors awaited this week’s monetary policy meeting of the Federal Reserve (the U.S. central bank), seeking indications of policymakers’ outlook for U.S. interest rates, according to…

Lebanon 24
EconomyTranslated

Yemeni Armed Forces: We targeted Saudi regime mobilizations in Aden and Lahij, King Khalid International Airport in Riyadh, and oil pumping stations

Al Manar: The Yemeni Armed Forces announced today, Monday, that they had carried out two high-quality military operations targeting the Saudi regime’s mobilizations and weapons depots in the occupied governorates of Aden and Lahij. Yemeni Armed Forces spokesman Brigadier General Yahya Saree explained that “the two operations targeted two strategic sites;…

Al Manar
EconomyTranslated

The Finance Committee begins examining the 2027 draft budget today, with Jaber in attendance

Nidaa Al Watan: The Finance and Budget Committee, chaired by MP Ibrahim Kanaan, will hold its first session before noon today, dedicated to examining the draft budget for 2027, in the presence of Finance Minister Yassine Jaber, to hear a presentation he will give on the draft and its general directions, and the assumptions on which revenue estimates were based…

Nidaa Al Watan
EconomyTranslated

Simple steps extend the lifespan of Android phones and reduce the need to replace them

Lebanon 24: With the rising prices of smartphones and electronic devices, it is becoming increasingly important to maintain current devices and extend their lifespan by following simple steps that help protect their components, improve their performance, and reduce replacement costs. According to a report published by the tech site “BGR,” caring…

Lebanon 24
EconomyTranslated

Gold falls… what about oil?

Al Jadeed: Gold falls… what about oil? Gold prices hovered near their lowest level in three months as investors awaited this week’s monetary policy meeting of the Federal Reserve (the U.S. central bank), seeking indications of policymakers’ outlook on…

Al Jadeed
EconomyTranslated2 outlets

The 2027 Budget Before the Finance Committee Today… Proceedings Begin with Finance Minister’s Presentation on the Figures and Policy Directions

MTV Lebanon: The Finance and Budget Committee, chaired by MP Ibrahim Kanaan, will hold its first session late this morning to study the draft 2027 budget, in the presence of Finance Minister Yassine Jaber, to hear a presentation he will give on the draft, its general policy directions, and the assumptions on which it was based…

MTV LebanonAl Jadeed
EconomyTranslated

Lebanon in the war over corridors... Will geography divide Tripoli and Beirut?

CH23: From the ports of Beirut and Tripoli to the energy and trade routes between Asia and Europe, the value of Lebanon’s location is determined by its ability to connect to regional networks, and by what political shifts will impose on the map of the region. The ports in Lebanon are no longer merely points where ships arrive and unload goods. In a conflict…

CH23
EconomyTranslated2 outlets

Gold and oil prices decline

National News Agency: National News Agency - Gold prices hovered near their lowest level in three months as investors awaited the Federal Reserve’s monetary policy meeting scheduled for this week, seeking indications of policymakers’ outlook on interest rates…

National News AgencyOTV
EconomyTranslated

AI... the “fourth blow” to human narcissism?

MTV Lebanon: When people talk about artificial intelligence today, almost the same questions recur in universities, boardrooms, newsrooms, and research centers: How many jobs will be eliminated? Which professions will decline or disappear? What will happen to economic growth and the distribution of wealth? How will things change…

MTV Lebanon
EconomyTranslated

Ryanair expects unprecedented rise in European airfares

Al Manar: Michael O'Leary, CEO of Ryanair Holdings, warned that airfares in Europe are poised to see “the biggest increase in the continent’s history” over the next twelve months. This is driven by the ongoing rise in oil prices due to geopolitical tensions in the Middle East,…

Al Manar
EconomyTranslated

Riyadh and Paris... Energy builds a strategic partnership

Nidaa Al Watan: French President Emmanuel Macron’s visit to Riyadh last week was not merely a diplomatic move to secure additional fuel supplies, but reflected an increasing overlap between energy security, political influence, and defense cooperation. Amid disruption to navigation in the Strait of Hormuz and escalating risks threatening…

Nidaa Al Watan
EconomyTranslated3 outlets

Gold fluctuates... Uncertainty in the markets and billions of dollars evaporate in Lebanon

Kataeb: After gold surpassed record levels and approached $5,600 an ounce, the yellow metal surprised markets again by falling below $4,000 for the first time in many months, opening the door to a more uncertain phase regarding its future trajectory. Between expectations that the price correction will continue and bets…

KataebNidaa Al WatanCH23
EconomyTranslated

Cooper over Hormuz: We are here!

Nidaa Al Watan: The visit yesterday by the commander of U.S. Central Command (CENTCOM), Admiral Brad Cooper, to the Strait of Hormuz carries a message of strength summed up by the phrase “We are here,” amid growing signs of a possible resumption of war with the Iranian regime. Flying over the waterway that Tehran is trying to bring under its terms translates into a presence…

Nidaa Al Watan
EconomyTranslated3 outlets

Paris meetings: What if...

Nidaa Al Watan: Amid the clatter of drums, the shouts of protesters and the roar of clashes between demonstrators and police, Paris is hosting a series of meetings and consultations this week bringing together Banque du Liban, the banks, the International Monetary Fund and financial advisers, including “Rothschild.” The negotiations are not starting from scratch, but are based on a process of…

Nidaa Al WatanKataebCH23
EconomyTranslated

AI to humans: My role is to develop science, and your role is to care about philosophy

Nidaa Al Watan: When the conversation today turns to artificial intelligence, almost the same questions keep recurring in universities, boardrooms, newsrooms, and research centers: How many jobs will be eliminated? Which professions will decline or disappear? What will happen to economic growth and the distribution of wealth? How will schools and universities change? And what…

Nidaa Al Watan
EconomyTranslated

Hydrating Face Mist or Powder? Here’s the Best Choice for Winter Makeup

Lebanon 24: As winter sets in, the skin faces a range of changes that may affect the appearance and staying power of makeup, as falling temperatures and lower humidity increase the likelihood of dryness and flaking, making foundation more prone to clumping and accentuating fine lines. In these conditions, it may become…

Lebanon 24
EconomyOriginal Arabic

الصين تستثمر ملياري دولار في مشروع ضخم يجمع الفحم والرياح

Lebanon 24: أعلنت شركة "هنان يو نينغ هولدينغز" (Henan Yuneng Holdings) المدرجة في بورصة شنتشن أن شركة تابعة لها تعتزم بناء مشروع متكامل للطاقة في مقاطعة نان وسط الصين ، يضم محطة كهرباء تعمل بالفحم ومزارع رياح، باستثمارات إجمالية تبلغ 13.93 مليار يوان (نحو ملياري دولار).…

Lebanon 24
EconomyTranslated

They jinxed him!

Al Liwaa: – And so... President Aoun: Tripoli was wronged by the machinations of gangs cloaked in politics until it was violated and became a black mailbox. It suffered greatly from neglect, and the time has come to put an end to it... The era of deprivation, exclusion and marginalization is over! – And so... Mahdi Hassan Nasrallah: My father’s dream was to pray in Jerusalem, and I…

Al Liwaa
EconomyTranslated

Regional conflicts and the restructuring of global trade...

Al Liwaa: The wars underway in the Middle East are no longer merely military confrontations whose outcomes are measured by the destruction of facilities and the recording of battlefield victories. Rather, it has become necessary to read them in a broader context, linked to the reshaping of the global balance of power, the restructuring of international trade, and the struggle over the keys to…

Al Liwaa
EconomyTranslated

Economic bodies discussed the expansion of Beirut Port with Al-Nifi

Al Liwaa: The economic bodies, headed by former minister Mohammad Choucair, hosted Marwan Al-Nifi, chairman of the board and director general of Beirut Port, at the headquarters of the Beirut and Mount Lebanon Chamber, in the presence of members of the bodies, a number of heads of commercial and industrial unions, representatives of importers and exporters, as well as representatives of…

Al Liwaa
EconomyTranslated

A discussion about poverty

Al Liwaa: In an interview with the former head of the Order of Pharmacists on one of the stations, he said, among other things, “the poverty rate has exceeded 60%.” The Ministry of Social Affairs’ figure for the poverty line is not far off that, at somewhere in the fifties. Despite these rates, the step that is reminiscent of the days of famines in…

Al Liwaa
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