The Lebanese pound sank to a new low on the black market Friday, with no end in sight to the economic and political crisis plunging ever growing ...
Lebanese government officials have no sense of urgency and are not taking responsibility for an economic crisis that has “brutally impoverished” the ...
Afghanistan is “at the brink of economic collapse” and the international community must urgently resume funding and provide humanitarian assistance, ...
Lebanese Prime Minister Najib Mikati said on Tuesday he hoped cabinet meetings would resume soon, as a standoff over an investigation into last year’s ...
The Turkish lira firmed to 9.5 against the dollar on Friday morning, rebounding from a record low a day earlier when the central bank slashed its ...
Restructuring consultancy Alvarez & Marsal will resume its forensic audit of the Lebanese central bank on Thursday, the presidency said, indicating ...
The Lebanese pound sold for more than 20,000 to the dollar on Wednesday, losing almost all the value it regained following the announcement of a new ...
The United Arab Emirates’ economy will grow 2.1 percent this year and 4.2 percent in 2022, the central bank said on Wednesday, as the Gulf state ...
A group of Lebanon’s bondholders, including some of the world’s biggest investment funds, urged the new government on Tuesday to begin debt ...
Lebanon’s Finance Ministry said on Friday it had been informed by the Central Bank that $1.139 billion in Special Drawing Rights (SDRs) from the ...
Lebanon’s finance minister Youssef Khalil on Friday signed a new contract with restructuring consultancy Alvarez and Marsal (A&M) to carry out a ...
Lebanon’s caretaker minister of social affairs on Thursday announced the launch of cash cards for over 500,000 families, a planned step to further ...
The number of point-of-sale (PoS) and e-commerce transactions in Bahrain shot up by 65 percent in August, year-on-year, reaching a total value of ...
The Lebanese army on Saturday began raiding closed gas stations that have been hiding fuel, and confiscated stored canisters to redistribute gas to ...
Lebanon’s worsening fuel crisis has reached a painful crunch point, with bakeries, businesses and hospitals either scaling back operations or shutting ...
Oil importers and facilities must supply the quantities of fuel they had already purchased before the central bank announced the effective lifting of ...
Angry residents blocked roads across Lebanon Thursday, a day after the central bank said it could no longer afford to prop up fuel imports except at ...
Leading Lebanese Druze politician Walid Jumblatt said on Thursday that subsidies must end after the central bank decided to effectively halt support ...
Lebanon’s caretaker prime minister has directed the finance minister to inform the central bank governor that his decision to effectively end fuel ...
Lebanon’s President Michel Aoun summoned central bank governor Riad Salameh on Thursday after the bank decided to effectively end subsidies on fuel ...
The decision to reserve remote customer service jobs to Saudi Arabians came into effect on Sunday as part of efforts to provide dozens of new work ...
Ratings agency S&P Global Ratings cut Kuwait’s rating by one notch citing the Gulf state’s lack of a funding strategy to finance its deficit.Hit hard ...
As the economic crisis deepens in Lebanon, doctors and pharmacists fear the medicine shortage will result in more deaths.Anger boiled over in the ...
Women in Lebanon can no longer afford menstrual products as plummeting economic conditions in the country have pushed half of the population below the ...
Pope Francis will meet Thursday with ten Lebanese Christian leaders to reflect on the dire economic and political situation in their country, which he ...
Lebanon is on the verge of political and economic collapse as the country has been left adrift following months of deadlock in forming a new ...
Lebanese troops deployed in the northern city of Tripoli early Sunday taking positions around major state institutions after a night of protests and ...
Lebanese protesters tried to storm central bank offices in two major cities on Saturday, state media reported, after the national currency plunged to ...
Lebanon is grappling with a deep economic crisis after successive governments piled up debt following the 1975-1990 civil war with little to show for ...
Britain’s economy grew by 2.3 percent in April as the government began to ease strict lockdown measures, official data showed Friday.That was the ...
We use cookies to improve your experience on our site and to show you personalized advertising. To continue browsing, please click ‘OK, I Accept’.
For more information, please read our Privacy Policy
