LCPS 2018 Report: 95% of Lebanese Think We’re Headed in The Wrong Direction

The Lebanese Center for Policy Studies released its Feb 2019 report and revealed some interesting finds after conducting a survey back in October 2018 with 1,200 respondents. According to the repot, The survey was distributed equally between genders, and is representative of the confessional and regional distribution of Lebanese citizens. Here are some of the findings: - 98% of Lebanese think that there is corruption in the country. - 95% of respondents believe the country…

Lebanese Candidate Ziad Hayek to Challenge U.S. President Trump’s Choice

World Bank elections are nearing and Lebanon has put forward a candidate that may challenge U.S. President Trump’s Choice David Malpass. In fact, the status-quo in picking the world bank president, which relied on a gentlemen's agreement between the US and its European allies, may not be respected in the upcoming elections following tensions between the Trump administration and European countries. Lebanon's candidate is Ziad Hayek, has previously served as chief executive of Lonbridge Associates…
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Areeba’s Campaigns Promoting a #Cashless Culture in #Lebanon

6 years ago
It goes without saying that non-cash payments are on the rise worldwide and I’ve witnessed that first hand ever since I moved to Montreal back in December. In fact, after enabling Apple Pay and installing ...
Business

Moody’s Downgraded Lebanon’s Credit Rating To Caa1

6 years ago
Mabrouk! We’re three spots away from the lowest ranking awarded by Moody’s. Yesterday, Moody’s Investors Service has downgraded the Government of Lebanon’s issuer ratings to Caa1 and changed the outlook from negative to stable. Here’s ...
Business

Latest Central Bank Circular: All Money Transfers from Abroad to be Paid out in LBP

6 years ago
Lebanon’s Central Bank issued a circular yesterday stating that all electronic money transfers from abroad be exclusively paid out in Lebanese pounds, in an attempt to limit the outpour of US dollars. The circular does ...
Business

The McKinsey Report for #Lebanon is Out!

6 years ago
The Ministry of Economy has uploaded the McKinsey full report entitled “Lebanon Economic Vision” on its website. It’s a 1274 pages long report with a long and comprehensive executive summary of around 150 pages. You ...
Business

Facebook appoints Lebanese Ramez Shehadi as its managing director for the MENA region

6 years ago
In a press release issued on November 20, Facebook has announced the appointment of Lebanese Ramez Shehadi, as its managing director for the Middle East and North Africa (MENA) region. Shehadi has been an outstanding ...
Business

World Bank Urging Lebanese Authorities To Form Government, Implement Reforms

6 years ago
We have the world’s third largest public debt-to-GDP ratio, fiscal and electricity reforms, which are seen as priorities ,are not in place yet; inflation is the highest in five years, projection for 2018 real GDP ...
Business

Around 50% of Gas Stations in #Lebanon Don’t Have a License

6 years ago
The Syndicate of Gas Station Owners estimated the number of unlicensed gas stations in #Lebanon to be around 1,500, out of 3,000 gas stations across the country. “Less than half of the gas stations are ...
Business

Inflation at 7.6%, Highest Level in Five Years in #Lebanon

6 years ago
The Consumer Price Index is still on the rise in Lebanon, standing at 7.6% in July which is the highest recorded level in the past five years. Food and non-alcoholic beverages prices rose by six ...
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