Flagship developer Solidere has delivered a strong performance, reflecting the boom in the property market
Lebanon economy
Lebanon banking sector
Lebanese banking staff ‘held captive by fear’ as jobs hang in the balance
More than 300 banking branches are expected to close in Lebanon by early next year, says one bank manager
Car sales in Lebanon
Lebanon’s new car registrations crash by almost 73%
According to the Association of Car Importers in Lebanon there were 5,702 newly registered passenger cars and 399 commercial vehicles up to the end of November
Lebanon economic crisis
Real estate demand in Lebanon slumps to record low in Q3
August 4 port explosion severely affects property demand as citizens were forced to address more urgent and basic needs
Aid package
Video: Lebanon’s political structure needs to be changed, says Prince Turki Al Faisal
What happens in Lebanon affects everyone in the region, Saudi Arabian Prince Turki Al-Faisal told CNBC’s Hadley Gamble at the Munich Security Conference.
Beirut
Video: A couple of dollars a week for tin cans – Lebanon’s economic crisis
The UN’s top official in Lebanon has warned of a potential new migrant crisis unfolding in Europe unless politicians take immediate action.
Demonstration
Video: Lebanon’s reform package restores confidence in the country – IMF
It’s important to show the timeline and bring credibility to the implementation of the reforms, says Jihad Azour, Middle East and Central Asia director at the IMF.
Christian
30 years on, Lebanon’s sectarian power-sharing challenged
The protests sparked on October 17 have spread across the country and quickly grown into an unprecedented cross-sectarian street mobilisation against the political class
Beirut
In pictures: Nationwide protests erupt in Lebanon
Lebanese demonstrators return to the streets to protest against tax increases and alleged official corruption.
Abu Dhabi
Gallery: Mohamed bin Zayed receives Lebanese Prime Minister Saad Hariri
Prime Minister Saad Hariri expressed hope that the UAE-Lebanon Investment Forum would help attract the UAE investments to Lebanon.
Central Bank of Lebanon
Lebanese peg that’s held up for over two decades is under siege
As confidence has plummeted, even ordinary people have begun to transfer their dollar savings abroad or hide notes under their mattresses
Central Bank of Lebanon
Lebanon backs key importers amid fears of dollar shortage
Petrol station owners threatened to strike over a lack of dollars at a fixed exchange rate to pay for imports, while flour producers complained over much higher rates from money changers
austerity measures
Protests in Lebanese capital over deteriorating economy
The head of the central bank has denied that the country is facing a currency reserve crisis, but it has become very difficult to withdraw dollars from ATMs in Beirut
Central Bank of Lebanon
US-sanctioned Lebanese bank self-liquidates
Jammal Trust Bank has been hit by US sanctions over ties with Lebanese Shiite movement Hezbollah
budget deficit
Lebanon on debt tightrope as S&P sets clock ticking to downgrade
S&P said that a continued decline in bank deposits – a key source of the government’s funding – could trigger a downgrade
Central Bank of Lebanon
Lebanon on debt tightrope despite avoiding further ratings downgrade
Lebanon buys itself some time with the market and won a reprieve from a downgrade deeper into junk by S&P Global Ratings
Central Bank of Lebanon
Lebanon’s credit rating cut deeper into junk by Fitch
The rating company downgraded Lebanon for the first time in three years