Economy

Lebanese Banks Restrict Housing Fund for Displaced Families

Two Lebanese banks, BLOM Bank and Lebanese Credit Bank, have restricted access to housing aid distributed by the Higher Relief Committee to families whose homes were destroyed in Israel’s June assault on Beirut’s southern suburb. The compensation, valued

Fouad Bazzi

8.11.2025

Economy

Lebanon’s Financial Gap Plan: Write-Offs, Payouts

The Ministers of Finance Yassine Jaber and of Economy Amer Bassat are finalizing, together with the Central Bank Governor Karim Souaid, a plan to address Lebanon’s financial sector losses.

Mohammad Wehbe

18.09.2025

Economy

Government Sells Lebanon’s Telecom Sector to Starlink

Lebanon’s cabinet yesterday granted Elon Musk's "Starlink" a license to provide internet distribution services across the country using satellites operated by SpaceX.

Lebanon Desk

12.09.2025

Economy

Souaid Bypasses Law in $12M K2 Integrity Deal

The Public Procurement Authority (PPA) has uncovered numerous transgressions in the Central Bank’s (BdL) $12 million contract with the K2 Integrity firm, and raised questions over its validity and transparency.

Rola Ibrahim

2.09.2025

Economy

Starlink Deal: Telecom Minister Bypasses Regulators

Minister of Telecommunications Charles Hage is advancing a Starlink license that could reshape Lebanon’s telecom sector.

31.08.2025

Riyadh’s De Facto Boycott Drains Lebanon’s Economy, the State Bows

Economy