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Economy

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EconomyTranslated

Extraterrestrial Beings in Lebanon

Nidaa Al Watan: I never cared about the size of the Earth relative to the universe or about the size of Lebanon. Yesterday, it occurred to me to ask the family’s friend (ChatGPT) about the matter, and I was surprised to learn that Earth, humanity’s home, is one of billions of planets, forming a zero with a decimal point to its right and 62 zeros to the right of the decimal point, ending in one. And it reaches…

EconomyTranslated

The 2027 budget before the Finance and Budget Committee... Kanaan: We will not accept new taxes and fees on the people

Al Liwaa: The Finance and Budget Committee set the 2027 draft budget law on the legislative track after it reached Parliament within the constitutional deadline. The committee held its first session yesterday, hearing from Finance Minister Yassine Jaber about the draft, its general direction, and the assumptions on which it was based…

Khalaf: Once Again… Financing the Deficit with Depositors’ Money

Al Liwaa: Dr. Fadi Khalaf, Secretary General of the Association of Banks in Lebanon, wrote the opening editorial of the association’s monthly report in its issue published this October, titled “Once Again, Financing the Deficit with Depositors’ Money.” It said: “At a time when banks are working to gather as much liquidity as possible to repay deposits…”

EconomyTranslated

Al-Bassat to Iraq: We are bringing practical proposals to address export barriers

El Shark: Economy and Trade Minister Dr. Amer Al-Bassat held a meeting with private-sector representatives and the relevant administrations to discuss export challenges and practical solutions that would pave the way for Lebanese products, in preparation for his visit to Iraq on November 8 and 9, at the head of a delegation that includes representatives of…

EconomyTranslated

tayyar.org - Oil prices retreat

Tayyar: Oil prices fell slightly today, as the prospects of reaching a settlement in the US-Israeli war on Iran eased concerns about supply disruptions. But Brent crude remained near its six-month high after attacks on Saudi Arabia dampened hopes for a swift return to stability…

EconomyTranslated

tayyar.org - Do we need antivirus software on smartphones?

Tayyar: A user opens their phone as usual to browse the news, and an ad appears promising to protect their device from viruses and speed up its performance with one tap; minutes later, they find themselves facing an app that requests extensive permissions in exchange for a service whose necessity they do not know. Between fear of hacking and the abundance of security apps,…

EconomyTranslated

tayyar.org - New fuel price list... Here are the prices!

Tayyar: The Syndicate of Owners of Fuel Stations in Lebanon announced the new fuel price list today, Tuesday, which recorded a decrease in the prices of both types of gasoline and an increase in the prices of diesel and gas. The prices were as follows: 95-octane gasoline: 2,651,000 lira (-35,000 lira). 98-octane gasoline:…

EconomyTranslated

tayyar.org - Suburb Municipalities vs. Generator Mafias: Which Side Has the Upper Hand?

Tayyar: Zainab Hammoud - As the diesel crisis worsened amid the war on Iran and the closure of the Strait of Hormuz, and generator owners’ rates rose, the Federation of Suburb Municipalities, in coordination with the municipalities, security agencies—particularly State Security—and influential political parties, decided to open a confrontation with what it described as “generator mafias,” in…

EconomyTranslated

tayyar.org - Asharq Al-Awsat: Land sales raise Christian fears of demographic change in Lebanon

Tayyar: Maronite Patriarch Bechara Boutros Al-Rahi’s warning about the increase in land sales in Lebanon has revived Christian concerns that go beyond the transfer of ownership to the possibility of affecting the demographic makeup of several areas, amid war, displacement, and economic hardship. The warnings come amid debate over purchase operations…

EconomyTranslated

Tripoli in supply chains: New corridors and maps

El Shark: From the ports of Beirut and Tripoli to 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 region’s map. Ports in Lebanon are no longer merely points for ships to arrive and unload cargo. In a conflict…

EconomyTranslated

Ad-Diyar newspaper

Ad-Diyar: Yesterday, parliamentary scrutiny began of the government’s draft budget for ٢٠٢٧, with the first meeting held by the “Finance Committee,” chaired by its chairman, MP Ibrahim Kanaan, and attended by Finance Minister Yassine Jaber and a large number of MPs. The first meeting is considered a preliminary meeting to examine the budget’s provisions and articles in sessions…

EconomyTranslated

Ad-Diyar newspaper

Ad-Diyar: The Civil Court of Appeal in Beirut, the eleventh chamber, composed of judges President Ayman Oweidat and advisers Hossam Atallah and Carla Maamari, and members of the Lebanese Order of Pharmacists’ council, Dr. Ziad Nassour and Saleh Dibio, considered that the situation at the appellant’s pharmacy, to whom the council had directed…

EconomyTranslated

Trump offers a reward worth one million dollars

MTV Lebanon: U.S. President Donald Trump announced a financial reward of one million dollars for anyone who reports cases of election fraud in previous elections or in the midterm elections scheduled for next November, provided that the information provided leads to an arrest…

EconomyTranslated

Inflation weighs on gold... What is limiting its gains?

Lebanon 24: Gold prices are facing growing pressure despite ongoing geopolitical tensions in the Middle East, as concerns about rising energy prices and renewed inflation have strengthened expectations that interest rates will remain high, limiting the yellow metal’s ability to benefit from safe-haven demand.…

A decision beyond the usual role of Banque du Liban... It happened 27 years ago

Lebanon 24: On October 26, 1999, Lebanon witnessed a landmark in the history of its monetary and banking system, namely the expansion of Banque du Liban’s powers to include developing, regulating and overseeing payment systems and methods, alongside money transfers, electronic transfers, clearing and settlement operations, in a move that reflected the transformations that had begun…

EconomyTranslated

The European Union is moving to impose safeguard restrictions on imports from China

Lebanon 24: The European Union is considering imposing safeguard measures, such as quotas or tariffs, to limit its imports of Chinese products in sectors including chemicals, furniture and machinery, according to what Bloomberg reported, citing informed sources, which expected them to be proposed in the first quarter of 2027. Advertisement The Commission is seeking…

EconomyTranslated

Technology and Science

Ad-Diyar: Apple has finally entered the foldable phone market with the “iPhone Duo,” but it faces strong competition from companies that use the “Android” system, such as “Samsung,” “Google” and “Motorola.” Given the long experience of “Android” companies in this field, they offer alternatives that may surpass the “iPhone Duo” in lightness…

EconomyTranslated

Regional integration at the center of Jaber and World Bank meeting tomorrow

Al Anbaa: Finance Minister Yassine Jaber will hold a meeting at the ministry at ten in the morning tomorrow, Tuesday, with the World Bank’s country manager in Lebanon, Enrique Armas, and the accompanying team, in the presence of Prime Minister’s Adviser Sateh Arnaout and a team of experts and advisers at the Ministry of Finance. The meeting will be devoted to discussing…

EconomyTranslated

Why do the prices of earbuds and headphones differ?

Lebanon 24: Size is one of the main reasons earbuds are often less expensive. They are smaller and simpler in design than large headphones, which usually include an adjustable headband and padded ear cups, and may require more materials and additional manufacturing details. Component costs also vary…

EconomyTranslatedHeadline report

Reda Saad to "RED TV": It will be the toughest winter for the European Union if a US-Iranian agreement is not reached, and reports indicate that oil prices could reach 200 dollars if the waterways are closed

Lebanon Debate: Reda Saad to "RED TV": It will be the toughest winter for the European Union if a US-Iranian agreement is not reached, and reports indicate that oil prices could reach 200 dollars if …

EconomyOriginal Arabic

جابر يلتقي وفد البنك الدولي غداً لبحث التكامل الإقليمي

Lebanon 24: يعقد وزير المالية ، ياسين جابر ، في العاشرة من صباح غدٍ الثلاثاء، اجتماعاً موسعاً في مقر الوزارة مع مدير مكتب البنك الدولي في لبنان ، إنريكي أرماس، والوفد المباشر المساعد له. Advertisement ويشارك في الاجتماع مستشار رئيس الحكومة ساطع أرناؤط، إلى جانب فريق…

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