Lebanon | Tags | Econostrum | Economic News in the Mediterranean

Israel supports a two-state solution to its conflict with Palestine

09/23/2022 | Society / Institutions

ISRAEL / PALESTINE. Speaking at the United Nations in New York during the 77th session of the United Nations General Assembly, the Israeli Prime Minister spoke out in favor of "an agreement with the Palestinians, based on two states for two peoples.

The IMF criticizes the slow implementation of reforms in Lebanon

09/22/2022 | Society / Institutions

LEBANON. A delegation from the International Monetary Fund (IMF) came to see the progress of Lebanon's reforms and pointed out that they have been slow despite the deep economic and social crisis the country has been experiencing.

HOMERe France and IECD join forces to facilitate the employability of young Lebanese

09/22/2022 | Services

LEBANON / FRANCE. The HOMERe France association and the European Institute for Cooperation and Development have signed a cooperation agreement to support the employability of Lebanese youth by offering internships in France to senior technicians who have graduated in Lebanon.

Bruno Boulnois, Egypt, Emmanuel Becquart, European Institute for Cooperation and Development, France, HOMERe, IECD, Lebanon, Marseille, Morocco, Paris, Provence-Alpes-Côte d'Azur Region, Renaud Muselier, training, Tunisia

Lebanon will be able to extract its own natural gas

09/20/2022 | Industry

LEBANON / ISRAEL. Negotiations on maritime boundaries between Lebanon and Israel are expected to end soon with an agreement allowing Beirut to extract natural gas from an offshore field.

UN allocates $8 million to support vulnerable Lebanese

09/15/2022 | Society / Institutions

LEBANON. The Humanitarian Fund for Lebanon announced the allocation of $8 million to "meet the urgent needs of vulnerable people" in Lebanon.

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UNIFIL extends its mandate for another year and will continue to provide logistical support to the Lebanese army

09/06/2022 | Society / Institutions

LEBANON. The mandate of the United Nations Interim Force in Lebanon (UNIFIL), responsible for providing a buffer between Israel and Lebanon, was renewed by the UN Security Council for one year.

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Lebanon tries to meet the challenge of a good summer tourist season

07/28/2022 | Services

LEBANON. The Lebanese Minister of Tourism expects tourism revenues of about $3.5 billion during the 2022 summer season. A highly coveted resource in this country in the midst of a socio-politico-economic crisis.

AlHurra TV, Egypt, Fayrouz, Lebanese diaspora, Lebanon, Najib Nikati, TBWA, Tourism, Walid Kanaan, Walid Nassar

Currencies fall against the dollar

07/07/2022 | Society / Institutions

MEDITERRANEAN. Lebanon, Syria and Turkey are among the top six countries whose currencies have lost the most value in two years.

currencies, depreciation, dollar, Euro, Europe, Lebanon, Syria, Turkey

Lebanese Bankers' Association says country's draft agreement with IMF illegal

06/23/2022 | Society / Institutions

LEBANON. The Lebanese Banks Association rejects the Lebanese government's draft agreement with the International Monetary Fund

ABL, Association of Lebanese Banks, BDL, Bretton Woods, Carlos Abadi, DecisionBoundaries, IMF, International Monetary Fund, Lebanon

Lebanon threatens to expel Syrian refugees if it does not get $3.2bn in international aid

06/21/2022 | Society / Institutions

LEBANON. The Lebanon Crisis Response Plan 2022-2023 is to raise $3.2 billion in aid from its participants to support Syrian and Palestinian host families and refugees.

Beirut, Hector Hajjar, humanitarian aid, LCRP, Lebanon, Lebanon Crisis Response Plan, Najat Rochdi, Najib Mikati, Olivier De Schutter, Palestine, refugees, Syria, UN Refugee Agency, UNHCR, United Nations, World Bank

Lebanon to import gas from Egypt to fuel its power plants

06/20/2022 | Society / Institutions

LEBANON / EGYPT. Lebanon is to sign an agreement described as "definitive" to import gas from Egypt and solve electricity shortages that have plagued the country for years.

Bretton Woods, EDL, Egypt, electricity, electricity of Lebanon, fuel, Jordan, Lebanon, Syria, United States, Washington, World Bank

Nabih Berri re-elected for a seventh term as Speaker of the Lebanese Parliament

05/31/2022 | Society / Institutions

LEBANON. At eighty-four years old, the Shiite Nabih Berri is re-elected, for a seventh mandate, president of the Lebanese Parliament. A position he has held since 1992.

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Mediterranean employment ministers want to promote an economy for the benefit of all

05/19/2022 | Society / Institutions

MEDITERRANEAN. In Marrakech, the employment and labour ministers of the Union for the Mediterranean committed themselves to meeting the challenges of employment and employability for the most vulnerable people, in particular young people and women.

The Lebanese street can now count on thirteen MPs to make its voice heard

05/17/2022 | Society / Institutions

LEBANON. The final results of the Lebanese legislative elections show a decline of the parliamentary bloc constituted by Hezbollah, the Amal movement and the Free Patriotic Current which loses its majority.

Shiites could lose their majority in the Lebanese parliament

05/17/2022 | Society / Institutions

LEBANON. The abstention was the big winner of the legislative elections in Lebanon which could see a change of majority in the Parliament.

Amal, Beirut, CPL, Free Patriotic Current, Lebanese Forces, Lebanese parliament, Lebanon, Michel Aoun, Nabih Berri, Saad Hariri, Samir Geagea

More than €6 billion in pledges for Syria

05/12/2022 | Society / Institutions

SYRIA. Organised by the European Union in Brussels, the donors' conference for Syria raised $6.7bn (€6.36bn) in pledges.

brussels, donors, donors conference, Janez Lenarčič, Josep Borrel, Lebanon, Mediterranean, Member States, Olivér Várhelyi, Syria, Ukraine, United Nations

The EBRD forecasts a slowdown in economic growth in the South and East of the Mediterranean

05/10/2022 | Society / Institutions

MEDITERRANEAN. In its latest regional outlook report, the European Bank for Reconstruction and Development foresees a strong impact of the war in Ukraine in the SEMED region with a slowdown of 2.5% in 2022.

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Nanterre court issues international arrest warrant for Carlos Ghosn

04/26/2022 | Society / Institutions

FRANCE / LEBANON. The Court of Nanterre issues an international arrest warrant against the former president of Renault who has taken refuge in Beirut to escape Japanese justice.

WFA predicts rising inflation rates in Arab countries in 2022

04/22/2022 | Society / Institutions

ARAB COUNTRIES. The Arab Monetary Fund predicts rising inflation in the twelve Arab countries, but strong growth driven by oil producing states.

Algeria, Bahrain, Comoros, Djibouti, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman, Palestine, Qatar, Saudi Arabia, Somalia, Sudan, Syria, Tunisia, UAE, Yemen

Agnès Levallois: "The only possible way out of the crisis in Lebanon is a secular state"

04/07/2022 | Society / Institutions

MEDITERRANEAN. During an exclusive interview granted to econostrum.info within the framework of the 11th International Meeting of Cybèle, Agnès Levallois, former journalist, consultant specialist of the Middle East, says she believes in the emergence of new systems in the countries which knew social movements during the last decade. In particular in Lebanon.

Agnès Levallois, Ben Ali, Egypt, Emmanuel Macron, International Monetary Fund, Lebanon, Libya, Mediterranean, Mubarak