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Economy

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Rifi: Protecting investors is the state’s responsibility, and holding those who abuse them accountable is a duty that cannot be delayed

National News Agency: Wataniya - A statement was issued by MP Brigadier General Ashraf Rifi, in which he asked: “Is the Lebanese state aware that the threats, insults and abuses directed at Lebanon’s friend and admirer, the friendly Arab investor Mr. Khalaf Al Habtoor, prompted him to close his institutions in Lebanon?” He said: “What happened is condemnable and unacceptable, and constitutes…”

EconomyTranslated

Who profits from your data? The inner workings of the digital economy that monetizes your information

CH23: A user searches online for a pair of sneakers, then moves on to browse the news, only to be surprised by ads for those same shoes following them across other websites and apps. It may seem like a coincidence, but it reflects one aspect of a digital economy that relies on collecting and analyzing data to understand users’ interests and target…

EconomyTranslated

How Did the First Stars Illuminate the Universe? An Unprecedented Computer Simulation Reveals

Lebanon 24: A team of physicists from the Massachusetts Institute of Technology (MIT), Harvard University and other institutions has unveiled a new computer simulation called “LUMINA,” which provides a detailed picture of how the first galaxies, stars and cosmic structures may have formed during the first two billion years after the Big Bang,…

EconomyTranslated

“Olive oil” running out?!

Lebanon 24: Observers are talking about a shortage of olive oil on the market in some areas, particularly those where the harvest season has not yet begun. They attribute this to a number of people with large quantities having sold their stocks from last season, taking advantage of the high prices, and having kept only their household supplies.…

EconomyTranslated

Yemeni military source to investors in Saudi Arabia: Aramco is not safe.. Monitor the financial indicators before making your investment decisions

Al Manar: A Yemeni military source addressed all investors in Saudi Arabia, saying, “Aramco is not safe.. Monitor the financial indicators and share value before making your investment decisions.” He added in remarks to Yemeni media, “Aramco has lost more than 100 billion dollars of its market value amid Saudi secrecy about the effects…”

EconomyTranslated

Hanin Al-Sayyed: $7 billion is the cost of residential destruction caused by the last two wars

Nidaa Al Watan: The Health, Labor and Social Affairs Committee held a meeting today, chaired by MP Bilal Abdullah and attended by Minister of Social Affairs Hanin Al-Sayyed and the committee’s member MPs. MP Abdullah said after the meeting: “Today, the Health, Labor and Social Affairs Committee devoted its meeting, in the presence of Her Excellency Minister Hanin Al-Sayyed…”

EconomyTranslated

Lebanon Moves Toward Updating Legislation and Protecting Intellectual Property to Boost the Sports Economy and Innovation

LBCI: Justice Minister Adel Nassar stressed the need for Lebanese legislation to keep pace with rapid technological developments, to ensure that digital challenges and artificial intelligence issues are addressed without compromising fundamental rights, the right to defense, or a fair trial. Economy and Trade Minister Amer Bisat affirmed in his remarks during…

EconomyTranslated

Video: Internal Security Forces warn of fake cash prizes!

MTV Lebanon: The Directorate General of Internal Security Forces warned of calls made by fraudsters impersonating representatives of "Dubai Duty Free," misleading citizens into believing they had won cash prizes worth up to 20 thousand dollars, with the aim of defrauding them. Watch the video…

EconomyTranslated

Al-Zaidi to the King of Jordan: The government is keen to strengthen cooperation in the economic, trade and investment fields

National News Agency: Wataniya – Iraqi Prime Minister Ali al-Zaidi today affirmed the Iraqi government’s keenness to continue strengthening bilateral cooperation with Jordan in the economic, trade and investment fields during his meeting with the King of the Hashemite Kingdom of Jordan, King Abdullah II bin Al Hussein, in Amman today. He said…

EconomyTranslated

Birol: Energy markets will not return to pre-war levels in 2027

Al Manar: International Energy Agency Executive Director Fatih Birol said on Monday that he does not expect energy markets in 2027 to return to the state they were in before the war on Iran, which broke out in late February. The conflict led to a major shortage of supply in a market that was expected to see…

EconomyTranslated

Down by more than 40%.. Lebanese restaurants face one of their toughest seasons in 20 years

Lebanon 24: The summer season has always been a key period on which Lebanon relies to boost the tourism sector and get the economy moving, particularly the restaurant sector, which usually benefits from the influx of tourists and expatriates and increased spending during this period. However, successive crises and security tensions raise questions…

EconomyTranslated

“Bitcoin” falls to $79800

Lebanon 24: “Bitcoin” fell about 2% to around $79800 during Asian trading, as investors moved to reduce their exposure to high-risk assets ahead of this week’s meeting of the U.S. Federal Reserve Board. Advertisement The downturn extended to most currencies…

EconomyHeadline report

Kanaan: According to the finance minister, the presidential appeal to the banking reform law has not affected negotiations with the IMF; we want a law that ensures depositors can actually recover their money

MTV Lebanon: Kanaan: According to the finance minister, the presidential appeal to the banking reform law has not affected negotiations with the IMF; we want a law that ensures depositors can actually recover their…

EconomyHeadline report

Kanaan: The finance minister told us that the atmosphere is positive and an agreement on the deposit recovery process may be reached soon; the most important issue is how to fund the repayments, Lebanon can no longer afford any failures or disappointments

MTV Lebanon: Kanaan: The finance minister told us that the atmosphere is positive and an agreement on the deposit recovery process may be reached soon; the most important issue is how to fund the repayments, Lebanon can no longer afford any failures or…

EconomyHeadline report

Head of Parliament’s Finance and Budget Committee MP Ibrahim Kanaan, after discussing the 2027 budget: The budget reflects the government’s intention to balance revenues and expenses, even if that balance exists only on paper and is not very realistic

MTV Lebanon: Head of Parliament’s Finance and Budget Committee MP Ibrahim Kanaan, after discussing the 2027 budget: The budget reflects the government’s intention to balance revenues and expenses, even if that balance exists only on paper and is not very…

EconomyTranslatedHeadline report

Kanaan after the Finance Committee: The presidential challenge to banking reform did not affect negotiations with the International Monetary Fund, according to the finance minister, and we want a law that ensures actual recovery of deposits

Ad-Diyar: Kanaan after the Finance Committee: The presidential challenge to banking reform did not affect negotiations with the International Monetary Fund, according to the finance minister, and we want a law that ensures actual recovery…

EconomyTranslatedHeadline report

Kanaan: First, the public sector must be restructured; second, the financial gap awaiting the necessary negotiations with the IMF must be addressed; and third, the financial accounts, which are expected to extend through 2025, must be completed

Lebanon Debate: Kanaan: First, the public sector must be restructured; second, the financial gap awaiting the necessary negotiations with the IMF must be addressed; and third, the financial accounts, which are expected to extend through the year…

EconomyTranslatedHeadline report

Kanaan after the Finance Committee, to "Lebanon Debate": The financial accounts of the Lebanese state, which we have been demanding from the Finance Committee since 2010, are a fundamental issue because their absence prevents effective oversight of government work

Lebanon Debate: Kanaan after the Finance Committee, to "Lebanon Debate": The financial accounts of the Lebanese state, which we have been demanding from the Finance Committee since 2010, are a fundamental issue because their absence prevents effective oversight of work…

EconomyTranslatedHeadline report

Kanaan: We heard from the Minister of Finance that the atmosphere is positive and an agreement on the process of recovering deposits may soon be reached; most importantly, this recovery must be funded, and Lebanon can no longer endure any failure or disappointment

MTV Lebanon: Kanaan: We heard from the Minister of Finance that the atmosphere is positive and an agreement on the process of recovering deposits may soon be reached; most importantly, this recovery must be funded, and Lebanon can no longer endure any failure or disappointments…

EconomyTranslated

Nasser and Daibes congratulate Khound

Al Anbaa: A delegation from the Progressive Socialist Party, including Secretary-General Zafir Nasser and Interior Commissioner Youssef Daibes, visited Samer Khound, the director general of the Public Corporation for Consumer Markets. During the meeting, they discussed a number of steps and measures that could be taken to help citizens and ease…

EconomyTranslatedHeadline report

Head of the Finance and Budget Committee MP Ibrahim Kanaan after discussing the 2027 budget: The budget reflects the government’s concern to seek a balance between revenues and expenditures, even if it is theoretical “and not very real”

MTV Lebanon: Head of the Finance and Budget Committee MP Ibrahim Kanaan after discussing the 2027 budget: The budget reflects the government’s concern to seek a balance between revenues and expenditures, even if it is theoretical “and not very real…

EconomyTranslatedHeadline report

MP Ibrahim Kanaan: We heard from the finance minister about the budget’s main points, and the good thing is that it came on time instead of arriving after a year had passed and becoming a fait accompli.

Lebanon Debate: MP Ibrahim Kanaan: We heard from the finance minister about the budget’s main points, and the good thing is that it came on time instead of arriving after a year had passed and becoming a…

EconomyTranslated

Shop from the South and create jobs for Southerners

Yasour: Because the steadfastness of our people in the South needs the support of every influential voice and sincere initiative, we launched the “Our South” project, the first free digital marketplace that allows professionals and business owners from the South, as well as those displaced from the South, to showcase their services and products and access job opportunities. Our goal is not only to provide immediate assistance, but to empower them…

EconomyOriginal Arabic

إخلاء سبيل جوزيف مسعد بعد إحالة الملف إلى المرجع المختص

LBCI: أُخلي سبيل جوزيف مسعد خلال الساعات الاربع وعشرين من إحالة النائب العام التمييزي ملف تحقيق «موازي» غامض الاهداف ومتكرّر، إلى مكتب مكافحة الجرائم المالية وتبييض الأموال بوصفه المرجع المختص. وكان جهاز أمن الدولة قد باشر هذا التحقيق خلافاً للأصول، ويؤكد إخلاء…

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