Lebanon
Economy
Cuba says US sanctions blocking efforts to open economy to private investment
The United States has demanded that Cuba open up to private investment, and Cuba has passed sweeping reforms to encourage just that. So Cuba's U.N. ambassador says he wants to know why Washington keeps piling on sanctions that stymie the very economic opening it has sought for decades.
Lebanon
Economy
In Middle East energy, flexibility is the new power
From attacks on shipping in the Red Sea to repeated threats around the Strait of Hormuz, the Middle East’s energy arteries are under growing pressure. The war in Gaza and its regional repercussions have added another layer of instability to a system already strained by sanctions, political fragmentation and competition over new corridors. Together, these…
Lebanon
Economy
Dhaman Records $3.4Bn In Investment, Trade Risk Insurance In 2025
(MENAFN - The Peninsula) The Peninsula Doha, Qatar: The Shareholders' Council of the Arab Investment & Export Credit Guarantee Corporation–Dhaman–, chaired by the head of the Lebanese Republic's ...
Lebanon
Economy
Banking resolution: Government falls in line with IMF despite BDL reservations
The draft law was unanimously adopted, despite reservations initially voiced by some ministers and attempts by the central bank governor to amend certain articles in the name of the institution’s independence.
Lebanon
Economy
Iranian families struggle to afford the basics as US ratchets up economic warfare
Tehran's grocery stores are well-stocked, but many families can barely afford the basics. Unemployment is soaring and those with jobs are working more hours for money worth half as much as a year ago, putting food, medicine and everything else — except for heavily subsidized gasoline — further out of reach.
Lebanon
Economy
Lebanon Is Finally Getting Direct Flights From The United States
After decades without nonstop service, Lebanon is finally set to get direct flights from the United States. The announcement came from U.S. President Donald Trump during a meeting with Lebanese President Joseph Aoun at the White House, where he revealed that direct flights between the two countries have been approved. U.S. President Donald Trump announced…
Lebanon
Economy
UAE’s exit from OPEC: What the strategic move means for oil markets
The news has, so far, had no considerable impact on markets.
Lebanon
Economy
New opposition group protests in Tunisia after extreme heat-driven power and water cuts
A summer of extreme heat has left many Tunisians short of water and electricity — and full of anger at the country's leadership. Protesters rallied in the capital Tunis on Thursday, many calling on President Kais Saied to leave power.
Lebanon
Economy
Qatari market has high potential for expanding Iranian summer fruits export
TEHRAN- Iran's Commercial Attaché in Qatar, while pointing to the capacities of the Qatari market for importing horticultural products, has declared the fresh fruit market of Qatar as one of the most attractive regional markets for Iranian exporters, given the country's heavy dependence on fruit imports.
Lebanon
Economy
After more than a century at the helm of Lebanon’s distribution sector, the Fattal family passes the torch
French shipping giant CMA CGM has acquired all shares and will take over the group, four generations after its founding.
Lebanon
Economy
US, Australia and others turning to Brazil for rare earth minerals
The world is increasingly turning to Brazil to explore for rare earth minerals that are crucial for technology and renewable energy. The country's large reserves are second only to China and have attracted investors, many of them with foreign support.
Lebanon
Economy
Lebanon, Syria to reset trade ties, economy minister tells Reuters
By Maya Gebeily BEIRUT, July 16 (Reuters) - Lebanon and Syria will in the coming months begin revising decades-old trade agreements torevive their economic relationship following the ouster of Syrian leader Bashar al-Assad in 2024, Lebanon's economy minister told Reuters on Thursday. Amer Bisat, who said the countries could eventually aim for a larger bilateral…
Lebanon
Economy
In London, the Lebanese diaspora cultivates its own start-up ecosystem
On April 21, the professional diaspora network LIFE Lebanon hosted its 10th pitch night for budding businesses in Meta’s London offices.
Lebanon
Economy
Trump warns of ‘economic D-Day’ against Iran, a country well acquainted with sanctions
Nearing the six-month mark of the Iran war and facing diminishing stockpiles of key weapons, the Trump administration is touting a crushing financial campaign against Tehran, promising an "economic D-Day" against a country that has so far withstood nearly five decades of punishing American sanctions.
Lebanon
Economy
Oil back to pre-war levels as Hormuz traffic rebounds, US tries to reassure Gulf allies
By Tala Ramadan, David Morgan and Patricia Zengerle DUBAI/WASHINGTON, June 25 (Reuters) - Oil prices fell to pre-war levels on Thursday as the United States said flows through the Strait of Hormuz were nearing normal and its top diplomat completed a Gulf tour aimed at shoring up support for a preliminary Iran deal. U.S. Energy…
Lebanon
Economy
Why Mythos, Anthropic’s new AI tool, is making banks nervous
The debate over Mythos added a new dimension after its creator announced Tuesday that it is investigating a third internal security incident in a month.
Lebanon
Economy
Amazon set to expand drone delivery of lightweight packages to 500 US cities
Millions more people may be able to get smaller, lightweight Amazon packages delivered by drones by the end of the year under a plan the company announced Wednesday to expand the airborne shipping to suburban areas in nearly 500 U.S. cities.
Lebanon
Economy
Lebanon war damage estimated at $1.3 billion, but who will foot the bill?
Massive destruction in southern Lebanon in the latest Israel-Hezbollah war is estimated at around $1.38 billion, according to a UN agency and a Lebanese research centre. Reporting from Beirut, FRANCE 24’s Renée Davis notes that while the latest US-Iran deal includes a proposed $300 billion fund, Lebanon’s reconstruction was not mentioned in the 14-point Islamabad…
Lebanon
Economy
Lebanon-IMF talks in Washington show limited progress, persistent obstacles, and focus on postwar phase
Advances in disarmament, or possible negotiations with Israel, could help ease some IMF conditions.
Lebanon
Economy
Colombian president asks Trump to suspend tariffs to help earthquake recovery
Colombia's President Abelardo de la Espriella has asked his ally U.S. President Donald Trump to suspend tariffs to help the South American nation recover from a powerful earthquake that killed at least 289 people.
Lebanon
Economy
Billionaire bonanza: Big Oil tycoons pocket $23.5bn from Iran war
While much of the world is holding out hope that the US-Israeli war against Iran may finally be reaching an end amid news of a ceasefire agreement, the billionaire owners of some of the world’s largest energy companies may not be so thrilled. A handful of just 41 energy industry barons in Group of Seven…
Lebanon
Economy
Emirates and EgyptAir announce return to Lebanon despite cease-fire uncertainties
Kuwait International Airport, hit by Iran, has yet to reopen, while global airline ticket prices have risen sharply.
Lebanon
Economy
US national debt now stands at $40 trillion
The national debt surpassed a record $40 trillion on Wednesday, a staggering milestone as defense costs, social programs like Social Security and Medicare and interest on the burgeoning deficit make up an enormous share of federal spending.
Lebanon
Economy
Saudi Arabia ends 5-year ban on Lebanese imports
Saudi Arabia announced on Wednesday the end of a ban on Lebanese imports that had been in place for five years, marking a significant step in efforts to rebuild relations between Lebanon and Gulf states. The kingdom imposed a ban on Lebanese fruit and vegetable imports in 2021, saying they were being used to smuggle…
Lebanon
Economy
Even if the Middle East war ends, energy crisis is here to stay
Markets have not reflected the full scale of the oil shock during the war.
Lebanon
Economy
Trump says US and Canada have a trade deal, but key terms remain unclear
Canada and the United States moved closer Wednesday to finalizing a trade agreement that would avert threatened 50% U.S. tariffs, with a senior Canadian official calling the emerging terms "a very good deal for Canada" while cautioning that negotiations were not complete.
Lebanon
Economy
Nasdaq, S&P 500, Dow Futures Rebound Ahead Of PPI Data Even As Iran Tensions Simmer: Why ORCL, CRWV, ADBE, BATL, MU, ADTX Are In Focus
(MENAFN - AsiaNet News) Traders are watching May's Producer Price Index (PPI), weekly jobless claims, and Adobe earnings later today. Crude oil prices edged higher after the United States ...
Lebanon
Economy
Lebanon suffers at least $3 billion in war-related losses, Jaber says
An official assessment is expected by the end of April, the minister told L’Orient Today.
Lebanon
Economy
US and Canada hold last-minute talks to stop Trump’s 50% tariffs
The United States and Canada have wrangled for decades over trade, poking each other interminably over sore spots like Canadian softwood lumber imports and U.S. access to Canada's protected dairy market.
Lebanon
Economy
Global Economy Briefing – June 9, 2026
(MENAFN - The Rio Times) Rio Times Global Economy Briefing The Big Three Chips bounced, partially. The Nasdaq rose 0.86% and the semiconductor ETF gained 5%, recovering some of Friday's losses, ...
Lebanon
Economy
Inflation in Lebanon reaches highest level in a year and a half amid war pressures
Even during the previous Israeli offensive in Lebanon, which lasted two and a half months between September and November 2024, monthly inflation had remained below 3%.
Lebanon
Economy
Japan’s economy manages 1.1% growth rate despite headwinds
Japan's economy grew an annual rate of 1.1% in the April-June quarter even as private consumption stayed flat and the growth of exports declined, according to government data released Monday.
Lebanon
Economy
S&P 500 And Nasdaq Gain As Chipmaker Stocks Revive, While Israel-Iran Ceasefire Aids Sentiment – AAPL, INTC, AAL, PSKY, CBRS In Focus
(MENAFN - AsiaNet News) The S & P 500 rose 0.3%, Nasdaq 100 jumped 1.6% and the Dow slipped 0.2%. Apple introduced Siri AI at WWDC 2026 but didn't provide a launch timeline. Alphabet to ...
Lebanon
Economy
Lebanon GDP revised down as statistics office updates 2020–2024 figures
The nominal GDP for 2023 has been lowered by nearly $6 billion.
Lebanon
Economy
US says lower oil prices, not Iran’s nuclear program, are now top priority in war
The top U.S. priority now in the Iran war is no longer its nuclear program but to bring gasoline prices down for American consumers, the vice president said Thursday, with the treasury secretary adding that new economic punishment to wear down Tehran is imminent.
Lebanon
Economy
Stocks Tumble Earthward By Noon
(MENAFN - Baystreet) Canada's main stock index fell more than 1% on Friday, tracking losses on Wall Street, as stronger-than-expected U.S. and domestic payrolls data fueled expectations of a ...
Lebanon
Economy
French justice system launches investigation into Bank Audi France and Antoun Sehnaoui’s Richelieu Group
An investigation has been launched in Paris, triggered by complaints from anti-corruption groups about transfers made from Lebanon during the economic crisis.
Lebanon
Economy
European stocks gain as oil prices ease
European stocks mostly rose Thursday as investors welcomed news of easing U.S. inflation, while oil prices fell back from recent gains amid uncertainty over the prospects for the Strait of Hormuz.
Lebanon
Economy
TSX Plummets
(MENAFN - Baystreet) Canada's main stock index opened sharply lower on Friday, tracking losses?on Wall?Street, as stronger-than-expected U.S. and?domestic payrolls?data fueled expectations ...
Lebanon
Economy
William Bourdon: Criminal investigations into Lebanese banks and their executives mark a first in Europe
The lawyer and founder of Sherpa discusses the complaints filed against Bank Audi France and Antoun Sehnaoui’s Richelieu Group.
Lebanon
Economy
Oil prices settle, Wall Street inches higher ahead of new inflation numbers due this week
Wall Street is modestly lower in premarket trading and oil prices settled despite lingering uncertainty about when the Strait of Hormuz will reopen to the global flow of oil again.
Lebanon
Economy
The Commodities Feed: Oil Slides Despite Stalled US-Iran Talks
(MENAFN - ING) Energy - Oil product inventories fall in Europe and Singapore While there are few signs of progress in US-Iran talks, the oil market continues to trade on expectations of an imminent ...
Lebanon
Economy
Air Arabia, Cyprus Airways announce return to Beirut, more airlines may follow soon
"We hope that Rafik Hariri International Airport will soon return to full normality, as stability is very critical for civil aviation everywhere in the world," said the airport's COO.
Lebanon
Economy
Trump pivots back to sanctions for Iran as other strategies to end war fizzle
President Donald Trump likes to say that he started his war with Iran after 50 years of economic pressure had failed to stop its nuclear weapons ambitions — but he's now betting that another financial squeeze can bring an end to that war.
Lebanon
Economy
TSX Climbs On Ceasefire Hopes
(MENAFN - Baystreet) Canada's main stock index rose on Thursday after a ceasefire deal between Israel and Lebanon raised hopes of de-escalation in the broader U.S.-Iran conflict, while investors ...
Lebanon
Economy
Despite war, sale prices not dropping, Ramco says
After seven weeks of war, most property owners are not panicking.
Lebanon
Economy
US consumer inflation falls to 3.4% year-on-year in July
U.S. consumer inflation slowed slightly to 3.4 percent in July despite turbulent oil prices due to the Iran war, government data showed, with the data likely giving the Federal Reserve room to breathe on interest rates.
Lebanon
Economy
Indian Markets Open Lower On Weak Global Cues, West Asia Tensions Weigh
(MENAFN - IANS) Mumbai, June 4 (IANS) Domestic equity markets opened lower on Thursday, tracking weak global cues amid geopolitical uncertainty in West Asia and selling pressure across the US and ...
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