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Economy

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EconomyTranslated

Rasamani discusses with the World Bank strengthening Lebanon’s position on the regional trade corridors map

Ad-Diyar: Public Works and Transport Minister Fayez Rasamani chaired a meeting with a delegation from the World Bank Group, which included the Group’s director in Lebanon, Enrique Blanco Armas, and the Bank’s team, in the presence of the adviser to the Prime Minister, Dr. Sateh Arnawut, and the director general of land and maritime transport, Commodore Mazen…

EconomyOriginal Arabic

13 طناً تغادر صناديق الذهب... والصين تقتنص تراجع الأسعار

Lebanon 24: عاود الذهب الارتفاع فوق مستوى 4 آلاف دولار للأونصة، الثلاثاء، بعدما تراجع إلى أدنى مستوياته في ثلاثة أشهر، فيما هبطت الفضة إلى أدنى مستوى لها في 11 شهراً، وسط تباين لافت بين ارتفاع الطلب الاستثماري الصيني وتراجع حيازات صناديق الذهب المتداولة في الأسواق…

EconomyTranslated

$2.4 trillion evaporates from Chinese markets... Are AI bets faltering?

Lebanon 24: Chinese financial markets have lost about $2.4 trillion since last May, as technology and AI stocks have declined amid growing concerns about their ability to generate profits, at a time when Beijing is in a race with the United States to dominate this sector. According to a report published by…

EconomyTranslated

The Prince Majid Arslan Foundation in Choueifat... A National Legacy and Humanitarian Mission

CH23: For thirty years, that is, since its founding at the initiative of Princess Khawla Majid Arslan, the “Prince Majid Arslan Foundation” in Choueifat has been providing comprehensive health services to residents of the city and surrounding areas under the motto: “The need for this service to be accessible to everyone.” And in pursuit of this goal,…

EconomyTranslated

War Scrap: Who Profits from the Iron in Destroyed Buildings?

Lebanon 24: Destroyed buildings in the south and Beirut's southern suburbs do not lose all their value when they collapse. Among the rubble are thousands of tons of reinforcing steel, aluminum and copper, which after every war become commodities with a market, traders and contracts, while the fundamental question remains unanswered: Who owns this iron, and who collects the proceeds?…

A surprise in the figures inside banks… New money!

Lebanon 24: According to figures reviewed by “Lebanon24,” the number of “checks” in dollars issued from new accounts through August exceeded 88 thousand “checks,” worth 1.12 billion dollars, while the number of “checks” in foreign currency in the old clearing system did not exceed 1,859 checks, worth 295 million dollars.…

EconomyTranslated

“Lebanon’s gold” lost this much value!

Lebanon 24: The value of Lebanon’s gold reserves fell from $40.95 billion at the end of August to $38.62 billion at the end of September, a book loss of approximately $2.33 billion in one month, a figure equivalent to about 20% of the liquid foreign reserves of $11.4 billion. Advertisement…

EconomyTranslated

Meghan Markle joins “Junior MasterChef Australia” for the 2027 season

Ad-Diyar: Meghan Markle, the Duchess of Sussex, is preparing for a new television venture after it was officially announced that she will join the upcoming season of the popular cooking show “Junior MasterChef Australia,” scheduled to air in 2027. Australian network “Network 10” revealed that Meghan will co-host the program…

EconomyTranslated

A new roadmap for housing and loans expected in 2027… and rent-to-own returns to the forefront

Ad-Diyar: A discussion session was held at the Economic, Social and Environmental Council, at the invitation of its president, Charles Arbid, and the chairman and general manager of the Public Corporation for Housing, Roni Lahoud, on “The rent-to-own project and prospects for securing housing in Lebanon,” with the participation of Minister of Social Affairs Haneen El Sayed and MP George…

EconomyTranslated

The Economic and Social Council Discussed the Rent-to-Own Project and the National Housing Strategy

Lebanon 24: A discussion session on the “Rent-to-Own Project and Prospects for Securing Housing in Lebanon” was held at the Economic, Social and Environmental Council, at the invitation of its president, Charles Arbid, and the chairman and director general of the Public Housing Corporation, Ronnie Lahoud, with the participation of Minister of Social Affairs Haneen Sayed and MP George…

EconomyTranslated

“Personal Bodyguards” for Satellites… A New Space Project

Lebanon 24: After testing its technologies for removing space debris and repairing malfunctioning satellites, the Japanese company “Astroscale” proposes using these technologies to build fleets of spacecraft that act as “personal bodyguards” for important satellites, protecting them from attacks by adversaries in orbit, according to…

EconomyTranslated

The Economic and Social Council discussed the rent-to-own project and the national housing strategy; Al-Sayed: Allocations for the Public Housing Institution in the budget; Arbid: For a long-term housing policy

National News Agency: National News - A discussion session on “The rent-to-own project and prospects for securing housing in Lebanon” was held at the Economic, Social and Environmental Council, at the invitation of its president, Charles Arbid, and the chairman and director general of the Public Housing Institution, Ronnie Lahoud, with the participation of Minister of Social Affairs Haneen Al-Sayed…

EconomyTranslated

As a Special Guest.. Meghan Markle Returns to Cooking Shows on "Junior MasterChef Australia"

Lebanon 24: Meghan Markle, the Duchess of Sussex, is preparing for a new television experience after it was officially announced that she will join the upcoming season of the popular cooking show "Junior MasterChef Australia," scheduled to air during 2027. Advertisement Australia’s Network 10 revealed that Meghan will take part in…

The Economic, Social and Environmental Council discusses the rent-to-own project and the national housing strategy

Nidaa Al Watan: Arbid calls for a long-term housing policy, El Sayed announces the allocation of appropriations for the Housing Corporation in the 2027 budget, and Okais stresses the balance between the rights of owners and tenants. Lahoud: No economic recovery without getting the housing sector moving. A discussion session entitled… was held at the Economic, Social and Environmental Council.

EconomyTranslated

The Jounieh Highway expansion project on the table of Arab funds... “without conditions”

CH23: Where does the “dream” Jounieh Highway expansion project stand? After the enthusiasm of officials and the private sector—which fueled a feeling long awaited by the Lebanese that the “hours-long traffic jams” on this highway would soon disappear and the desired relief would come—suddenly waned after the withdrawal of the €75 million loan offered by…

EconomyTranslated

Jaber: Maintaining financial and monetary stability must go hand in hand with planning for the future

MTV Lebanon: Finance Minister Yassine Jaber announced that “work is progressing with the World Bank on preparing a plan to strengthen regional connectivity between Lebanon, Syria, Iraq and neighboring countries,” revealing “plans to hold an internal conference in Lebanon next December, with the participation of the relevant ministries…”

EconomyTranslated2 outletsHeadline report

Finance Minister Yassin Jaber: We are working on a concessional loan program for solar energy, starting with around 20 million dollars from the Treasury, with the possibility of a similar contribution from the World Bank

Ad-Diyar: Finance Minister Yassin Jaber: We are working on a concessional loan program for solar energy, starting with around 20 million dollars from the Treasury, with the possibility of a similar contribution from the bank…

EconomyTranslated

Al-Boustani after meeting Jaber: The budget in its current form needs amendments

Lebanon 24: The head of the Parliamentary Committee for the National Economy, Industry, Trade and Planning, MP Farid Al-Boustani, visited Finance Minister Yassine Jaber, and they discussed “the economic and financial situation and ways to combat inflation, which is weighing heavily on citizens. Al-Boustani proposed reducing direct taxes on citizens…

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