Business

“The overall duty of the [Lebanese Central] Bank shall be the safeguard[ing] of currency as fundamental guarantee for permanent economic and social development, and more specifically: – safeguarding a sound Lebanese currency …

It was the financial markets’ first big surprise of the year. In January 2015, the Swiss National Bank (SNB), the Alpine republic’s central bank, scrapped its 1.20 ceiling that limited …

The question of whether banks should structure their incomes on the premise of interest alone has long been answered in the negative. Diversification of risks and revenue streams have led …

The housing loans that commercial banks offer with the support of the Public Corporation for Housing (PCH), colloquially known as Iskan loans or PCH loans, are engineered according to a …

So that every family may own a home. This, according to the chair-director general of Lebanon’s Public Corporation for Housing (PCH), Rony Lahoud, is the overarching idea under which the …

“This law is a step aimed at achieving justice, and after 30 years without a law this step has become necessary and inevitable,” said MP Robert Ghanem, chair of the …

This article is part of an ongoing investigation on Beirut’s coast, from Raouche to Ramlet al-Baida. You can find the other articles here. *** It was 5 a.m. on Saturday …

Sitting in the gloom of the single room that is now her family’s home, shadows from the small candle placed between us — the room’s only light — played against …

As cities go, Beirut has every reason to be regarded as the grand dame of regional urbanity — a proud dowager that stands out among Arab metropolises as queen of …

Instead of hoping for good political news in Lebanon today, property hunters should just trust their fortunes. The country is much more stable than it looks, and smart money has …