Economy – Page 3 – odiaspora.org

Hariri says electricity plan to start giving results starting in May

29 March 2017

Prime Minister Saad Hariri stressed Tuesday that the pay scale will be passed. During a chat with the reporters on board the plane transporting the Lebanese delegation to Jordan to take part in the Arab summit, Hariri expressed his conviction over the need to maintain […]

EU Official Announces €62M for Health, Visits Projects in Bekaa

29 March 2017

At the end of a visit to Lebanon, EU Commissioner for European Neighborhood Policy, Johannes Hahn, said that his visit came at an opportune moment, seeing as Lebanon is going through “important political changes with a new president, a government fully operational and parliamentary elections […]

Initial Approval of Budget Is Important for Stability of Financial System Of State Bassil: This Approval Must Take Its Constitutional, Necessary Legal Path

28 March 2017

Head of the Change and Reform block, Foreign Minister Gebran Bassil, held a special meeting Tuesday morning, March 28, 2017. In a live address he gave at the end of the reunion, Bassil apologized to the press for starting early in the morning, stressing that […]

General Michel Aoun Calls for Amending the law on Domestic Violence and Stimulating Economy

27 March 2017

After the Mass of the Annunciation, President Muchel Aoun said: “We must establish an economic plan to stimulate the economy.” President Michel Aoun attended numerous events last weekend, during which he delivered concise but important speeches, which touched on sensitive and urgent subjects that concern […]

Abi Khalil: We will not retreat from our oil drilling rights no matter the threats!

24 March 2017

“Israel” demands the exertion of pressure on Lebanon for the adjustment of the drilling bids. The Minister of Oil and Water Cesar Abi Khalil assured that “Lebanon is going through a series of permits for drilling for oil and gas at the preset scheduled times […]

Banks deny finance minister’s accusations

21 March 2017

President of the Association of Banks in Lebanon, Francois Bassil denied the accusations launched by Finance Minister Ali Hassan Khalil, who said that the banks offered an amount of $1 billion in order to cancel the item pertaining to imposing taxes on the banks. […]

“Stop misleading the Lebanese people…No one is allowed to spoil our achievements”. The Head of the Free Patriotic Movement, Minister Bassil after an exceptional meeting stresses the need to approve the salary scale

18 March 2017

President of the Change and Reform block, Foreign Minister Gebran Bassil, held a special meeting on Saturday morning, 18th of March, to discuss several important points. In a live press conference, “Free Patriotic Movement” head, Gebran Bassil said the following: -We thank the Lebanese people […]

Kanaan asks of those rebuffing taxes to suggest alternative plan to fund salary scale

17 March 2017

NNA – Member of Parliament, Ibrahim Kanaan, on Thursday could not help but wonder how some sides were depicting the endorsement of the salary scale as a “huge crime” at the time that the matter had been thoroughly discussed by the joint parliamentary committees that […]

Bonne praises constant electric feed in Zahle

26 February 2017

French Ambassador to Lebanon, Emmanuel Bonne, visited on Saturday the town of Zahle, where he checked on Zahle Electricity and praised the efforts made for providing 24/7 electricity for the town. Ambassador Bonne reiterated that France is interested in developing the electricity sector in Lebanon, […]

Riachy says Cabinet still looking ‘deeply’ into state budget

22 February 2017

Minister of Information, Melhem Riachy, indicated on Monday that the Cabinet was still looking “deeply” into the state budget issue, adding that the Ministerial Council will meet on Wednesday and Thursday for further talks. Riachy, who spoke following a session for the Cabinet at the […]

Deutsche Bank names GCC wealth management head

1 February 2017

Deutsche Bank has appointed Fred Hilal as the new head of wealth management in the Gulf region (excluding Saudi Arabia). In his new role, Hilal will lead Deutsche Bank’s client coverage across the Gulf. Based in Dubai, he will report to Steve Wainwright, the head […]

Energy: The Lebanese solar revolution

17 January 2017

Over the last five years, Lebanon has been in the midst of a solar energy revolution. Solar Photovoltaic (PV) technology, once considered to be expensive to install and operate, has become increasingly cost-competitive in a relatively short period of time. In late September 2016, the […]