#Lebanon

Lebanese banks will be allowed to sell the local currency for US dollars and vice-versa starting March 28, on the basis of the rate determined by the central bank’s “Sayrafa” ...

Appeals judges at the Lebanon Tribunal on Thursday convicted another two men on charges of terrorism and murder for their role in the 2005 assassination of former Lebanese prime minister Rafik ...

For more than a decade, Lebanon’s central bank charged commercial banks in the country commissions when they bought government securities without making clear that the bulk of those commissions ...

Skiing in Lebanon has long been a luxury for the well-off, but the eastern Mediterranean country’s financial meltdown has thrown most people into poverty and made taking to the ...

Two years into an economic meltdown the World Bank says is one of the worst recorded, Lebanon’s rulers have proposed a way to plug a huge hole in the ...

Lebanon is suffering an economic meltdown that began in 2019 when the financial system collapsed under colossal state debts and the unsustainable way they were funded, while politicians have yet to ...

By Edmund Blair and Laila Bassam Lebanese school teacher Sara Wissam and her husband were comfortably off before a run on the local currency decimated the value of their salaries ...

Lebanese officials have agreed that losses in the country’s financial sector amount to between $68 billion and $69 billion, Deputy Prime Minister Saadeh al-Shami told Reuters but cautioned that the figure ...

A Limassol branch of the French Cypriot School (Ecole Franco-Chypriote) is expected to be up and running in September next year, Education Prodromos Prodromou said on Wednesday. The minister, during ...

Cypriot airline Cyprus Airways announced on Wednesday that it has commenced ticket sales for its winter destinations for this year. The Larnaca-based airline will operate flights to Greece, the United ...

Lebanon has yet to give the IMF its estimate of losses in the financial system as discussions on the issue continue, but is working hard to sign a memorandum of ...

Restaurant owner Antoine Haddad has been in business for over 35 years but says he is running out of hope as Lebanon struggles with one of the deepest financial crises of ...

The judge heading Lebanon’s investigation into the devastating Beirut port explosion suspended the interrogation of former Prime Minister Hassan Diab on Thursday after Diab filed a suit questioning the ...

Gunfire in Beirut killed at least five Lebanese Shi’ites in what authorities said was an attack on protesters who were going to take part in a demonstration called by ...

Lebanon has no centrally generated electricity after fuel shortages forced its two largest power stations to shut down, a government official told Reuters on Saturday. “The Lebanese power network completely ...

Nicos Christodoulides’ trip to Lebanon on Wednesday marked him as the first EU foreign minister to visit the crisis-stricken nation since it managed to form a new government, a move ...

Hundreds of relatives of victims of last year’s Beirut port explosion, some chanting and some silent, took to the streets on Wednesday angry that an investigation into the disaster ...

A memorandum of understanding has been signed to officially launch the Cyprus Lebanon IT Hub (CLITH). Signed and confirmed during an online press conference, this initiative aims to bring the ...

Lebanon’s outgoing finance minister Ghazi Wazni said on Tuesday a contract for a forensic audit of the central bank would be signed in a few days by the new ...

A search was continuing on Wednesday to locate a migrant who jumped from a boat on Sunday off Paralimni after marine police intercepted a vessel with 18 people on board that ...

Police on Wednesday issued an arrest warrant for a 31-year-old man who is wanted on suspicion of trafficking migrants from Lebanon. According to police, the suspect is being investigated for ...

Lebanon`s armed forces chief Joseph Aoun is paying an official visit to Cyprus accompanied by a three-member delegation at the invitation of the National Guard chief, Lieutenant General Demokritos ...

Lebanese President Michel Aoun summoned central bank governor Riad Salameh on Thursday as the caretaker government said his decision to effectively lift fuel subsidies contravened its policies and was against ...

Fourteen migrants, including two children, who were spotted in a vessel late on Wednesday in the sea off Cape Greco in Akrotiri are expected to be returned to Lebanon, police ...