Economy
Pension law awaits 14 implementation decrees before taking effect
The pension and social protection system law issued three years ago has not yet come into force, despite the formation of a new board…
Economy
The banks, the lira, the budget and the cost of a household week. Economic coverage from The Beirut Journal, reported for what policy does to people rather than for what it is called.
Economy
Customs seizes large cache of cancer drugs and cosmetic products in Beirut warehouse
The Beirut customs enforcement division has seized hundreds of pharmaceutical and cosmetic products, including cancer treatments, stored in an unauthorized warehouse for illegal distribution.
Economy
Washington expands financial sanctions on Hezbollah, ties group to Iran’s Revolutionary Guards
The U.S. Treasury Department has reclassified Hezbollah as controlled by Iran's Quds Force and announced sanctions on ten individuals allegedly operating a cash-smuggling network.
Economy
Housing Bank resumes lending with Arab Fund backing
The Housing Bank has restarted housing loans for the first time since Lebanon's financial crisis, backed by a 50 million Kuwaiti dinar facility from…
Economy
Customs seizes smuggled foodstuffs in border operation
The customs authority's anti-smuggling unit has impounded a pickup truck carrying illegal foodstuffs and detained the driver for legal proceedings.
Economy
Six years after legalizing cannabis, Lebanon has issued no cultivation licenses
Parliament passed a regulated cultivation law in 2020, but the state has failed to issue a single license, leaving farmers outside the legal framework…
Economy
Housing Bank chief honoured for loan disbursements
Economic bodies have recognised Antoine Habib, chairman and chief executive of the Housing Bank of Lebanon, for his work distributing mortgages to 1,500 Lebanese…
Economy
Labor federation chief Bassem al-Asmar calls elections to choose new leader
Bassem al-Asmar, newly elected head of Lebanon's National Social Security Fund, says he will call federation elections soon and plans broad reforms at the…
Economy
Joseph Tarbieh questioned in Riad Salameh money-flow inquiry
The former chairman of Credit Bank Lebanon was interviewed by prosecutors investigating transfers exceeding $330 million linked to Riad Salameh's brother Raji Salameh.
Economy
Litani authority halts irrigation after pipeline rupture
The Litani River Authority announced an emergency failure on the main irrigation line serving Sidon and Jezzine, forcing a four-day water cut to farms…