Lebanese Central Bank announced that dollar reserves climbed by $1.4 billion in the first two months of the year and its total assets in dollars exceeded $43 billion. This marks a recovery from a decline in 2017, Riad Salameh added during an economic conference organized […]
BEIRUT: Lebanon’s economic growth for 2016 is forecast to increase by 1.2 percent, according to a recent survey of economists, up from the group’s consensus of 0.7 percent growth for the year when polled in January. The Economena Analytics survey of 17 economists found that […]
The Lebanese cabinet agreed Thursday to grant concessions to three oil companies, Total, Novatec and Eni, for the exploration and production of oil in blocks 4 and 9. This decision comes after years of waiting and makes Lebanon an oil producing country. Following the Lebanese […]
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