Economics & Policy

Regardless of what local banks keep proclaiming, Lebanon has no oil or gas. There’s reason to believe it does, but the process of finding out is only just beginning. On …

Lebanon could license the construction of nearly 380 megawatts (MW) of renewable energy plants as early as this summer, a Ministry of Energy and Water (MoEW) official tells Executive. This …

So much has been said about the salary adjustment. While many people are opposed to it over the perception that it imposes higher taxes, public sector employees and teachers think …

The package of tax measures recently signed into law and published in the Official Gazette was characterized by a lack of any fiscal and economic vision. It does not proceed …

After deliberating for much of 2017, Parliament met in late July to ratify new taxes. The legislation then sat on the desk of President of the Republic Michel Aoun for …

Alain Bifani, director general of Lebanon’s finance ministry, tells Executive that newly enacted taxation will shore up revenue in the public coffer. During an interview at the end of August …

On June 22, Israel’s energy ministry announced that the deadline to place bids in the country’s first offshore licensing round would be pushed back until November 2017. This is the …

Lebanon’s productive sectors have been undermined since the end of the civil war in 1990. Like other marginalized sectors, the industrial sector has weakened, becoming a smaller proportion of the …

Beirut Mayor Jamal Itani offers two words when asked about his vision for city spending: “investment projects.” During a brief interview in late July, Itani explained a variety of the …

In late July, the latest round of American legislation targeting Hezbollah arrived, despite Lebanese government and banking officials downplaying rumors of it just a few months ago, as Executive reported. …