Al Wadi Al Akhdar Increases Visibility Through Their Website and Blog
Source: PR Newswire
Beirut :: Lebanon | updated 2013-05-22 04:09:59 -0700 | business-news
Media Room category that announces the latest news and events, press releases, photos and ads. On the bottom-right of the homepage, users can find a "Product Search" bar that allows them to type in their desired product while also selecting...
Salameh rules out bank financing for PPPs
Source: The Daily Star
Beirut :: Lebanon | updated 2013-05-21 16:02:20 -0700 | business-news
Lebanese commercial banks will not be authorized to pour investments into potential public-private partnerships, Central Bank Governor Riad Salameh said Tuesday, adding that capital markets and financial institutions would fill the gap. Commercial banks are responsible for lending and not...
Demand for cheaper cars reflects weaker purchasing power
Source: The Daily Star
Beirut :: Lebanon | updated 2013-05-21 16:02:14 -0700 | business-news
Though the volume of car sales in Lebanon rose steadily in the first four months of 2013, Lebanese car dealers claim the seemingly rosy statistics mask a worrying decline in local purchasing power. Last week multiple local media outlets reported...
Bank Audi warns over Lebanon's rapidly increasing public debt
Source: The Daily Star
Beirut :: Lebanon | updated 2013-05-20 15:21:10 -0700 | business-news
Bank Audi sounded the alarm Monday over a substantial rise in Lebanon's public debt and budget deficit at the beginning of the year, warning against policies that could further weaken its financial stability. The bank, which made the comments in...
World Bank injects $30 million into Lebanon poverty program
Source: The Daily Star
Beirut :: Lebanon | updated 2013-05-19 15:50:16 -0700 | business-news
The World Bank has approved a $30 million soft loan aimed at supporting a government initiative to improve access to basic services in impoverishedparts of the country. The Social Protection and Promotion Project approved by the World Bank Board of...
Is this the beginning of an e-retail revolution?
Source: The Daily Star
Beirut :: Lebanon | updated 2013-05-19 15:50:08 -0700 | business-news
The online commerce market in Lebanon is still woefully underdeveloped compared to other countries in the region, most notably the Gulf, but all that might be about to change. Saudi Arabia's third most popular e-commerce website, online fashion retailer Namshi.com,...
Torbey: Banks have exceeded Basel III ceilings
Source: The Daily Star
Beirut :: Lebanon | updated 2013-05-17 16:34:01 -0700 | business-news
Lebanese banks are flush with liquidity and the capital adequacy ratio is even higher than the ceiling set by Basel III, the head of the Association of Banks in Lebanon said Friday. The managers of Lebanese banks have maintained high...
Syrian demand for rented flats keeps market stable
Source: The Daily Star
Beirut :: Lebanon | updated 2013-05-17 16:33:58 -0700 | business-news
Demand by Syrians for housing has kept the real estate market in Lebanon stable, real estate brokers said, with some also estimating that rentals by refugees from the conflict-wracked country has driven up rents for small apartments in Beirut. In...
Bringing Lebanon's designers online
Source: BBC
Beirut :: Lebanon | updated 2013-05-16 17:40:23 -0700 | business-news
A woman approached her and asked her where she had bought her top...The pieces were made by Lebanese designers and not available in the US...Customers often prefer to browse online but then visit retailers to try items on and purchase...
Israeli Researcher Challenges Jewish DNA links to Israel, Calls Those Who Disagree 'Nazi ...
Source: Forbes
Beirut :: Lebanon | updated 2013-05-16 15:20:38 -0700 | business-news
It's particularly troublesome when a scientistin this case, an Israeli molecular geneticist whose motivations appear more personal and ideological than scientificstokes the contretemps. The current brouhaha arises over a recent study by Eran Elhaik and is accompanied by his personal...
Banks unfazed by Moody's warning
Source: The Daily Star
Beirut :: Lebanon | updated 2013-05-15 16:06:48 -0700 | business-news
The Daily Star The Secretary General of the Association of Lebanese Banks, Makram Sader poses for a photo in his office in Beirut, Lebanon, Thursday, Dec. A leading Lebanese banker dismissed Wednesday any short-term effect from Moody's negative outlook for...
Moody's cuts Lebanon rating outlook on instability fears
Source: The Daily Star
Beirut :: Lebanon | updated 2013-05-14 16:26:37 -0700 | business-news
Moody's Investors Service Tuesday warned it could cut Lebanon's government bond rating over potential spillover effects from Syria's civil war, including suppressed growth and political instability. Moody's affirmed Lebanon's B1 government bond rating but changed the outlook to negative from...
‘Grow my Business' competition aims to help SMEs expand
Source: The Daily Star
Beirut :: Lebanon | updated 2013-05-14 16:26:33 -0700 | business-news
A new round of a business competition has been launched to give a boost to some of Lebanon's small- and medium-sized enterprises. At its offices in Sanayeh Tuesday, the Beirut Traders Association, in collaboration with Bank Audi and the Massachusetts...
Taxpayers to begin using e-payment
Source: The Daily Star
Beirut :: Lebanon | updated 2013-05-14 16:26:18 -0700 | business-news
Lebanese taxpayers will soon be able to pay their taxes electronically instead of having to go to the Finance Ministry, according to caretaker Finance Minister Mohammad Safadi and the Association of Banks in Lebanon. A statement by both sides Tuesday...
Dana Gas reports strong profit growth for Q1 2013
Source: Zawya Regional
Beirut :: Lebanon | updated 2013-05-24 04:26:31 -0700 | business-news
Middle East's largest regional private sector natural gas company, announces its financial results for the first quarter ended 31 March 2013 with a net profit after tax of AED 241 million (US$ 66 million), an increase of 17% as compared...
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