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Economy

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EconomyTranslated

A Third World War? Why not?

An-Nahar: An analytical look at world events and tensions that could lead to a third world war, focusing on conflicts, arms buildup, and economic effects…

EconomyTranslated

Peru | Government announces a spending plan of 18 billion soles to address the giant “El Niño” phenomenon

Al Manar: Peru’s President Keiko Fujimori announced that her government would adopt an additional financial package worth 18 billion soles for next year, as part of its response to the expected giant “El Niño” phenomenon, affirming that the state’s response would be stronger than the climate threat itself. The announcement came during a press conference held at the Government Palace…

EconomyTranslated

Trump invokes a Cold War-era law to support oil production and refining

Al Manar: U.S. President Donald Trump has determined that oil production and refining, as well as activities related to them, are essential to national defense. In a presidential memorandum, Trump invoked a section of the Cold War-era Defense Production Act, allowing him to provide financial incentives for activities related to…

Doha returns to Beirut as an investor, not a donor

Nidaa Al Watan: The Qatari delegation’s latest visit to Beirut was not merely a passing diplomatic stop on the calendar of official meetings, nor an occasion to renew the traditional expressions of support for Lebanon. Doha, which has long been present at critical junctures in Lebanon politically, economically and developmentally, is returning today with an approach…

EconomyTranslated

The Social Security Fund pays 564 billion to hospitals and doctors

Nidaa Al Watan: A statement by the Public Relations Directorate of the National Social Security Fund said that “after doctors’ consultation fees were raised to levels exceeding those before the crisis, the Fund’s Director General, Mohammad Karaki, issued 3 decisions on 22/10/2026, numbered 546, 547 and 548, under which he ordered the payment of…”

EconomyTranslated

Tehran negotiates with the world on a bed of oil and fire

Nidaa Al Watan: The region is anxiously awaiting the outcome of the US-Iranian confrontation, particularly the possibility of major military operations against the Iranian regime resuming after the Israeli and US legislative elections. Press reports and the positions of the parties concerned suggest that this possibility is highly likely, in…

EconomyTranslated

Volatile International Relations

Al Liwaa: When international relations are managed in reverse—that is, contrary to how they were for decades—we must examine the reasons for this reversal in relations and whether they have become more rational or better for the benefit of the international economy and world peace. After the end of World War II, the global economy relied on 3 pillars…

EconomyTranslated

The state of medicines in Lebanon between state responsibility and the smuggling mafia: Who will regulate the black market and protect Lebanese patients?

Al Liwaa: Lebanon’s medicine crisis is no longer merely a problem of rising prices or the absence of some products from pharmacies; it has become a health security issue that directly affects citizens’ lives. Alongside the difficulties Lebanese people face in obtaining their treatments, concerns are growing over medicines entering through illegal channels,…

EconomyTranslated

Memorandum of Understanding Between the Housing Bank and the École Supérieure des Affaires

Al Liwaa: The Housing Bank and the École Supérieure des Affaires (ESA Business school) 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’s chairman signed…

EconomyTranslated

Italy | Fishermen in Italy halt their work in protest at rising fuel prices

Al Manar: Fishing boat traffic has come to a standstill at the Italian port of Pescara, after fishermen kept their vessels moored in protest at the sharp rise in fuel prices, which is increasing operating costs and threatening the continuation of their economic activity. Doriano Campellone, president of the «Mimmo Grosso» professional fishing association in Pescara, said…

EconomyTranslated

The dollar hits a new record high against the Egyptian pound—and this is how high it reached

Lebanon 24: The U.S. dollar hit a new historic high against the Egyptian pound, rising at a number of banks during Thursday’s trading amid pressure on the local currency and a partial withdrawal of foreign investors from treasury bills. The dollar’s exchange rate against the pound surged, reaching 55.25 pounds to buy at the National Bank of Egypt…

EconomyTranslated

The Holy Spirit University of Kaslik and the Beirut Chamber organize a dialogue on economic diplomacy

El Shark: The Diplomatic Academy at the Holy Spirit University of Kaslik, in cooperation with the Chamber of Commerce, Industry and Agriculture of Beirut and Mount Lebanon, held a lecture entitled “Economic Diplomacy in a Changing World: Building Relationships and Enhancing Lebanon’s Presence Internationally” at the Chamber’s headquarters, with the participation of the head of the bodies…

EconomyTranslated

Port Security and Trade Continuity… A New Equation for Saudi Competitiveness

El Shark: The ability of ports to receive ships and handle containers is no longer the sole measure of their competitiveness, as the continuity of commercial operations and the protection of infrastructure from security and cyber risks have become decisive factors in determining ports’ efficiency and appeal to global shipping companies, particularly with…

EconomyTranslated

tayyar.org - Here are the new fuel prices

Tayyar: Lebanon’s Ministry of Energy and Water issued a new fuel price list today, Friday, showing the following price changes: - 95-octane gasoline: 2686.000 (-53000) - 98-octane gasoline: 2705.000 (-53000) - diesel: 2564.000 (+1000) - gas: 1494.000…

Who Can Afford to Own an Apartment in Lebanon?

Nidaa Al Watan: Buying property or a residential apartment in Lebanon is no longer easy. The real estate market has yet to recover from the financial and economic crisis that swept the country, amid limited supply and demand, despite the growing need for homeownership. The picture is becoming more complicated amid reliance on cash payments and the absence of…

EconomyTranslated

The important thing is that passing the financial gap law is essential

Ad-Diyar: The important thing is that passing the financial gap law is essential. Growth in Lebanon, Syria and Iraq must be integrated and coordinated, said International Monetary Fund Managing Director Kristalina Georgieva at the conclusion of the annual meetings of the International Monetary Fund and the World Bank in Bangkok, noting that “there is joint and ongoing work with Lebanon,”…

EconomyHeadline report

Geagea to MTV: The state, with the complicity of the central bank governor, took depositors’ money and spent it; this must be rectified, and the state must return the money to the central bank, which must then repay depositors

MTV Lebanon: Geagea to MTV: The state, with the complicity of the central bank governor, took depositors’ money and spent it; this must be rectified, and the state must return the money to the central bank, which must then repay…

EconomyTranslated

International Certificates in Anti-Corruption Awarded to 18 State Security Officers and Personnel

Lebanon 24: The General Directorate of State Security celebrated 18 of its officers and personnel receiving the “Certified Anti-Corruption Fellow” (CACF) certificate, after completing a specialized training program that enhances their capabilities in detecting financial crimes and monitoring and documenting violations in accordance with established legal procedures, as part of…

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