Arabian Gulf Business Insight on MSN

Lebanon urged to sell gold to counter economic crisis

Lebanon should sell part of its vast gold reserves to revive its crippled financial sector and repay billions in frozen deposits, a global finance body has said. The proposal is part of a five-year ...
Lebanon's cabinet is soon expected to approve and send to parliament a long-awaited law needed to restructure its debt burden, the country's economy minister said, adding that policymakers are in ...
The current government in Lebanon is keen to encourage financial recovery and find a new path to economic growth. A thorough ...
BEIRUT (AP) — Fireworks lit up the night sky over Beirut’s famous St. Georges Hotel as hit songs from the 1960s and 70s filled the air in a courtyard overlooking the Mediterranean Sea. The ...
Financial meltdown on a scale never seen before in Lebanon has raised fears for the stability of a country facing multiple crises.
Lebanese depositors will get their money back over time as part of any financial overhaul, with the state, central bank and local banks sharing the burden of repairing the crisis-stricken economy, ...
BEIRUT — Lebanon appointed asset manager Karim Souaid to the post of central bank governor Thursday as the government tries to reform the economy after months of war and decades of mismanagement and ...
Up until a few months ago, the drive from Beirut's international airport through the Lebanese capital city's southern suburbs used to feature a stream of pro-Iranian and Hezbollah-themed propaganda.