Posted By
Najib
Aug 20, 2023 01:57
International Basketball Week is taking place from August 17 till August 20th in Abu Dhabi and Lebanon is one of six teams taking part in this week, in addition to the US team, Greece, Germany, Mexico & Egypt. Our national team was able to win their opening game against Egypt but lost against Mexico 70-88. These friendlies will serve as preparation for Lebanon who is participating in the 2023 FIBA World Cup for the first…
Posted By
Najib
Aug 14, 2023 04:50
Alvarez & Marsal just completed its first preliminary forensic audit of the Lebanese Central Bank. The audit company was supposed to deliver its initial audit report in September 2022, but difficulties in collecting information and reviewing Central Bank documents delayed the delivery by 8 months. The report is 331 pages long and divided into 14 sections. Even though this is still a preliminary report, there's plenty of evidence to suggest irregular accounting practices, governance failures,…
Lebanon
2 years ago
Reuters Iraq Bureau Chief reported this morning that the U.S. Treasury has sanctioned former Lebanese central bank governor Riad Salameh, along with his brother Raja, his son Nadi, his aide Marianne Howayek and his lover ...
Lebanon
2 years ago
Saudi Arabia was the first to issue a travel warning to Lebanon following the ongoing clashes at Ain el Helwe camp, followed by Kuwait, Bahrain & Qatar. While Saudi Arabia & Bahrain urged their citizens ...
Food
2 years ago
There’s a new chain of coffeehouses open across Lebanon called “Stories” that has a striking resemblance to Starbucks. From the logo to the colors, the cups, the straws, even the aprons, everything looks the same. ...
Lebanon
2 years ago
The Lebanese government met today and agreed to increase the internet fees for Ogero users by 7 folds, which means that if you’re paying 90,000 LL for a 50mb (100GB quota) connection, you will soon ...
Baladi
2 years ago
“Beirut Dreams in Color” is a short movie directed by Michael Collins about the Mashrou’ Leila Lebanese rock band and feminist activist Sarah Hegazi. Mashrou’ Leila was one of the most popular alternative rock group ...
Lebanon
2 years ago
Central Bank Governor Riad Salameh left office today after 30 years on the job. Unfortunately, him leaving doesn’t change much as Lebanon’s caretake government has failed to appoint a permanent successor, and Salameh’s deputy Wassim ...
Critiques
2 years ago
Lebanon’s Minister of Culture tweeted today that Lebanon will suspend cultural coordination with Denmark and Sweden and their corresponding embassies in Beirut. The decision comes after the Koran burnings that took place in both countries, ...
Economics
2 years ago
Remittances continue to serve as a vital source of support for the Lebanese economy and Lebanese families as they amount approximately $6 to $7 billion per year. Despite the COVID crisis and the global recession ...
