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Economy

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EconomyTranslated

European stocks recoup losses, supported by corporate earnings

Lebanon 24: European stocks closed higher on Wednesday, recouping most of the losses they had incurred following the unrest in France at the start of the week, supported by strong corporate financial results. Advertisement The European “Stoxx 600” index rose 0.92% to 644.49 points, driven by a rise in the shares of a company…

EconomyTranslated

Oil prices rise... and gold declines

Al Anbaa: Oil prices rose after the attacks being carried out by the “Houthis” on Saudi Arabia prompted Washington to order some diplomats and their family members to leave its missions in the Kingdom, according to “Reuters.” By 0034 GMT, Brent crude futures had risen by $1.29, or 1.2…

EconomyTranslated

Here is what appeared in the secrets of the local newspapers

CH23: Al-Nahar: The meeting held by the President of the Republic with the Ogero employees’ union, in the presence of Minister Charles Hajj and General Labor Confederation President Bishara al-Asmar, was marked by tense atmospheres. Those attending reportedly said that the president rejected the union’s demands, then left saying: “Whatever Minister Hajj wants, I will go along with, and I will speak…”

EconomyTranslated

Oil prices rise and gold prices fall

CH23: Oil prices rose today after the attacks launched by the “Houthis” on Saudi Arabia prompted Washington to order some diplomats and their family members to leave its missions in the kingdom, according to “Reuters.” By 0034 GMT, Brent crude futures rose $1.29…

EconomyTranslated

The presidential appeal restores constitutional safeguards in banking reform

MTV Lebanon: The Constitutional Council’s decision opens a new phase in the debate over restructuring banks and brings to the fore questions concerning clarity of powers, the independence of institutions, protection of the financial system, and depositors’ rights. The Constitutional Council’s decision on 20 October 2026, ruling…

Expatriate dollars are declining... Will Lebanon pay the price?

CH23: Remittances from Lebanese expatriates are a vital lifeline for the economy and a source of support for thousands of families to meet their daily needs. But these funds are not immune to changing circumstances, amid what is happening in the Gulf. How have these remittances been affected? And what are the repercussions for our economy? He points…

EconomyTranslated

Newspaper Secrets 22-10-2026

LBCI: The meeting held by the president of the republic with the Ogero Employees’ Union, in the presence of Minister Charles Hajj and General Labor Confederation President Beshara al-Asmar, was marked by a tense atmosphere. Those attending reportedly said that the president rejected the union’s demands, then left saying: “Whatever Minister Hajj wants, I will go along with, and I will speak to…”

EconomyTranslated

The presidential appeal restores constitutional safeguards in banking reform

Nidaa Al Watan: The Constitutional Council’s decision opens a new phase in the debate over restructuring the banks, and brings back to the forefront questions concerning clarity of powers, the independence of institutions, protection of the financial system, and depositors’ rights. The Constitutional Council’s decision on 20 October 2026, which unanimously ruled to accept a petition…

EconomyTranslated

Strengthening Water Resource Management with European Funding

Nidaa Al Watan: Energy and Water Minister Joe Saddi affirmed that the “Strengthening Water Resource Management – Additional Phase” project (WAMA+), funded by the European Union and Germany and implemented by the German Agency for International Cooperation (GIZ) in partnership with the Ministry of Energy and Water and the four water institutions, supports reform efforts…

EconomyTranslated

Riyadh’s umbrella expands... and Tehran’s noose tightens

Nidaa Al Watan: French President Emmanuel Macron’s solidarity visit to Riyadh yesterday carried a message that went beyond a diplomatic presence at a moment of escalation. The Crown Prince of Saudi Arabia, Prince Mohammed bin Salman, received the first Western head of state to visit the Kingdom since the Houthi attacks intensified in early October, placing Saudi Arabia’s security in…

EconomyTranslated

The Finance Ministry’s Eye on Depositors’ Money

Nidaa Al Watan: At a time when Lebanon is still searching for solutions to its financial and banking crisis, the Ministry of Finance has opened a new tax file with the banks, asking them to review their declarations and recalculate their results for the years from 2020 through 2025. The move prompted objections from the Association of Banks in Lebanon, which warned of…

EconomyTranslated

What is in Asrar Al Youm today, Thursday 22-10-2026?

Nidaa Al Watan: Monitoring circles noted that Hezbollah set November fifth as the date to begin distributing the funds in three installments, considering that the choice of timing may reflect calculations related to the possibility of war breaking out before the date, which could leave the party with no need to begin the distribution. The disaster of a boat sinking off…

EconomyTranslated

Will Cannabis Save Baalbek-Hermel, or Turn Into a Missed Opportunity?

Nidaa Al Watan: If the Lebanese state is unable to market the apple and potato harvests, how will it manage a more complex and sensitive sector such as cannabis? The problem is not legalizing or regulating cultivation, but the state’s ability to turn this file from a long-awaited economic opportunity into a productive sector, instead of…

EconomyTranslated

Aoun challenged the Banking Reform Law... and the accusation is that he is exercising his powers

Nidaa Al Watan: The opponents of President Joseph Aoun never tire of taking aim at him day and night, without discussing what he is doing in depth. Most of them have agendas, and they must carry out what is asked of them. The president’s opponents are not all from the “Hezbollah” camp, but most of them are from this camp; however, there are some spiteful people from…

EconomyTranslated

Memorandum of Understanding between the Housing Bank and ESA

El Shark: The Housing Bank and the ESA Higher Institute of Business signed a memorandum of understanding aimed at strengthening cooperation between the two institutions and developing joint projects and initiatives that serve the interests of both parties. The signing took place at the institute’s headquarters on Clemenceau Street in Beirut, where the Housing Bank was represented by its chairman and general manager…

EconomyTranslated

Air Transport Union thanks El Hout

El Shark: The Air Transport Union in Lebanon expressed its appreciation and thanks to the chairman of the board of Middle East Airlines, Mohammad El Hout, for his decision to grant a recognition bonus to all employees of the company. The union noted in a statement that “the bonus includes all employees, from cleaning workers and porters to pilots…”

EconomyTranslated

Karki: The National Social Security Fund pays 564 billion Lebanese pounds to hospitals

El Shark: A statement by the Public Relations Directorate of the National Social Security Fund said: “Because the path of reform does not stop at achieving a single milestone, the administration of the National Social Security Fund adopts a developmental approach based on building and accumulation. The past three years have demonstrated the consistency of this approach, especially…”

EconomyTranslated

Beirut Bank strengthens its presence in banking innovation with smart solutions for companies and municipalities

El Shark: Beirut Bank continues to develop a digital banking ecosystem that combines financial technology and artificial intelligence, through practical solutions that facilitate companies’ operations and support the modernization of municipal services, strengthening its position in the Lebanese market as a banking partner that puts innovation at the service of economic sectors and public services.…

EconomyTranslated

The Revolutionary Guard threatens to expand the “Hormuz” confrontation, while Rezaei sticks to the conditions and the Houthis control his decisions

El Shark: On the 127th day since the signing of the memorandum of understanding between Washington and Tehran, and 236 days after the war between the two sides broke out, developments continue on more than one front. The Iranian Revolutionary Guard announced that fires had broken out on 3 non-compliant ships after they struck a naval mine west of the Strait of Hormuz last night. It also announced…

EconomyTranslated

tayyar.org - A 16-year-old security vulnerability threatens millions of routers

Tayyar: Millions of routers around the world face a security risk because of an old vulnerability in Broadcom software, whose discovery dates back about 16 years. The affected devices remain vulnerable to exploitation despite evidence that it has been used in real-world attacks. Security researcher Quentin Kaiser revealed details…

EconomyTranslated

tayyar.org - A general and comprehensive strike tomorrow, Friday!؟

Tayyar: Amid the worsening cost-of-living crisis and the erosion of salaries, as what they described as “a policy of deaf ears and systematic procrastination” by the official authorities continues, the country is witnessing a simultaneous wave of labor union escalation affecting the public administration sector and Ogero. The Public Administration Employees Association announced in a statement that “dignity…

EconomyTranslated

Netflix loses $300 billion… and the absence of successful productions raises concerns about the future of the streaming empire!

El Shark: Netflix is facing a difficult period, with its market value down by around $300 billion from its peak in 2025, amid growing concerns about slowing revenue growth, declining viewer engagement, and difficulty producing works that achieve broad popular success. These developments come alongside the layoff of around…

EconomyTranslated

tayyar.org - Gold prices retreat

Tayyar: Gold prices fell today, Thursday, October 22, 2026, at the start of global trading, with the ounce losing about 27 dollars, erasing its gains of 16 dollars yesterday, as markets awaited developments in the geopolitical situation, fluctuations in oil prices, economic data, and the US Federal Reserve meeting…

EconomyTranslated

The «Casino du Liban» and «BetArabia» case took a new turn amid reports that Joseph Massaad had been detained by State Security, on the instruction of Public Prosecutor at the Court of Cassation Judge Ahmad Rami…

Ad-Diyar: The «Casino du Liban» and «BetArabia» case took a new turn amid reports that Joseph Massaad had been detained by State Security, on the instruction of Public Prosecutor at the Court of Cassation Judge Ahmad Rami al-Hajj, as part of investigations into suspicions of money laundering and illegal gambling. This development once again casts a spotlight…

EconomyTranslated

State Security arrests Lebanese nationals on money laundering charges in a case linked to local and foreign companies

Saida Online: The General Directorate of State Security – Media, Guidance and Public Relations Department announced in a statement that “as part of ongoing efforts to combat financial crimes, and pursuant to an order from the Public Prosecutor at the Court of Cassation, the Mount Lebanon Regional Directorate of the Lebanese State Security arrested the Lebanese nationals (ج. م.) and (ه.…

EconomyTranslated

From farms to restaurants… the journey of a meal that drives the economy

LBCI: 0 min From farms to restaurants… the journey of a meal that drives the economy * To protect intellectual property rights, please do not copy more than 20 percent of the content of the report without mentioning the name of the LBCI Lebanon News website and attaching a hyperlink to the report, or you may face legal action. News bulletin reports…

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