Business

Anthony Shadid’s remains were scattered under the olive tree in the garden at his house in Jdeidit Marjeyoun, South Lebanon. He was not buried in the United States where he …

There seems to be little end to the litany of woes Lebanon’s economy has been suffering this year, brought on by regional unrest and internal instabilities mushrooming across the country. …

With so many foreigners and expats altering their vacation plans to avoid Lebanon this summer, it is no wonder the hospitality sector, which relies heavily on tourism, is struggling.   According …

Unemployment in Lebanon is in excess of 10 percent, with youth unemployment close to 25 percent. This is despite the low labor force participation rate of educated Lebanese women (only …

Bailout news dominated market headlines last month, but this time it was the European Central Bank (ECB) that committed unlimited funds to acquire the short-term debt of European countries in …

European Central Bank (ECB)’s president Mario Draghi announced last month an unlimited bond-buying program to save the Eurozone and its debt-loaded countries. The United States Federal Reserve is also buying …

After seeing some delays in expansion beyond the Gulf Cooperation Council countries, Dubai-based luxury developer Damac Properties is moving closer to completion of regional projects. These include a residential tower …

For a country facing economic turmoil and new business risk at every turn in the road this year, Lebanon sports an alarmingly content real estate sector. Intermediaries whose livelihoods depend …

"People are killing each other to steal LL100,000 or LL200,000,” says Mohamad Choucair, president of Lebanon’s Chamber of Commerce, Industry and Agriculture. “That’s how bad the situation is.” While perhaps …

Kidnappings, blocked roads, robbed banks and travel warnings are among Lebanon’s latest upheavals. The country’s economy is feeling the pressure with stores and restaurants closing down, hotel occupancy rates plummeting …