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Lebanon News Gazette > Archive for Business

Category: Business

FUEL PRICES SLIGHTLY INCREASE IN LEBANON

July 5, 2022 lnadminBusiness, Market

Fuel prices have slightly increased across Lebanon on Tuesday, with the price of 98-octane gasoline canister rising by LBP 1000, and that of diesel and LP gas by LBP 2000. The price of the 95-octane gasoline did not change.Consequently, prices are as f…

FUEL PRICES SLIGHTLY INCREASE IN LEBANON

July 5, 2022 lnadminBusiness, Market

Fuel prices have slightly increased across Lebanon on Tuesday, with the price of 98-octane gasoline canister rising by LBP 1000, and that of diesel and LP gas by LBP 2000. The price of the 95-octane gasoline did not change.Consequently, prices are as f…

FAYAD ISSUES EXCEPTIONAL OIL PRICE GRID IN LINE WITH DECLINE OF USD RATE

June 29, 2022 lnadminBusiness, Market

Caretaker Minister of Energy and Water, Dr. Walid Fayad, on Wednesday issued an exceptional oil price grid in line with the rapid decline of the USD dollar exchange rate.The new oil prices are as follows:Gasoline (95 octane): LBP 679,000 Gasoline (98 o…

FAYAD ISSUES EXCEPTIONAL OIL PRICE GRID IN LINE WITH DECLINE OF USD RATE

June 29, 2022 lnadminBusiness, Market

Caretaker Minister of Energy and Water, Dr. Walid Fayad, on Wednesday issued an exceptional oil price grid in line with the rapid decline of the USD dollar exchange rate.The new oil prices are as follows:Gasoline (95 octane): LBP 679,000 Gasoline (98 o…

BOUSHKIAN: LEBANESE DURUM WHEAT IS AMONG THE FINEST IN THE WORLD

June 25, 2022 lnadminBusiness, Market

Caretaker Industry Minister George Boushkian stressed that “the Lebanese durum wheat is one of the finest types of wheat in the world and is in great demand,” noting that “the available quantities ensure self-sufficiency.”Speaking in a radio interview …

AL MAWARID BANK SUSPENDS MEMBERSHIP IN ASSOCIATION OF BANKS IN LEBANON

June 24, 2022 lnadminBusiness, Market

Al-Mawarid (AM) Bank announced it has suspended its membership in the Association of Banks in Lebanon (ABL) due to decisions “harming the banking sector and depositors alike.”“Ever since the inception of the ‘October 19’ crisis, AM Bank has been feelin…

MINISTER OF ECONOMY PRESSES CHARGES AGAINST MARKET MONOPOLISTS

June 22, 2022 lnadminBusiness, Market

Caretaker Minister of Economy, Amin Salam, on Wednesday resorted to the judiciary and pressed charges against “market monopolists” by referring to Lebanon’s Financial Public Prosecution documented statements with numbers and evidence revealing “the gr…

GASOLINE AND GAS PRICES EDGE LOWER, DIESEL PRICE WITNESSES ADDITIONAL HIKE

June 17, 2022 lnadminBusiness, Market

Gasoline prices in Lebanon have dropped on Friday as the price of the can of gasoline (95 octanes) has deceased by LBP 4000 and (98 octanes) has decreased by LBP 5000. The price of a gas canister has decreased by LBP 6000. The price of diesel has incre…

EU, Egypt, Israel Agree to Export Israeli Liquified Natural Gas to Europe

June 15, 2022 lnadminBusiness, Market

CAIRO — Egypt, Israel and the European Union signed a gas deal Wednesday in which Egypt will export Israeli liquified natural gas to Europe via two Egyptian LNG plants.The memorandum of understanding was inked at the East Mediterranean Gas Forum in Cai…

ECONOMY MINISTER PARTAKES IN MEETING OF ARAB TRADE MINISTERS IN PREPARATION FOR 12TH MINISTERIAL CONFERENCE OF WORLD TRADE ORGANIZATION

June 14, 2022 lnadminBusiness, Market

At the invitation of His Excellency Dr. Majid bin Abdullah Al-Qasabi, Saudi Minister of Commerce, the Lebanese Minister of Economy and Trade, Dr. Amin Salam, who is also the Chairman of the Ministerial Committee for Food Security, headed his country’s …

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Sports News

SPORTS MINISTER DISCUSSES MEANS OF BOLSTERING COOPERATION WITH TURKISH COUNTERPART

Winding up his sports tour to Turkey, Caretaker Minister of Youth and Sports, Dr. George Kallas, on Tuesday met with...

  • June 14, 2022
  • Athletic

SPORTS MINISTER DISCUSSES MEANS OF BOLSTERING COOPERATION WITH TURKISH COUNTERPART

Winding up his sports tour to Turkey, Caretaker Minister of Youth and Sports, Dr. George Kallas, on Tuesday met with...

  • June 14, 2022
  • Athletic

SPORTS MINISTER PARTAKES IN OPENING OF FIFTH INTERNATIONAL CONFERENCE OF TRADITIONAL SPORTS IN ANKARA

President of the World Ethnosport Confederation (WEC), Bilal Erdogan, on Thursday inaugurated in the Turkish capital of Ankara the Fifth...

  • June 9, 2022
  • Athletic

QATAR SELECTED GUEST OF HONOR AT TEHRAN BOOK FAIR 2022

Qatar, the host of World Cup 2022, has been selected as the guest of honor at the 33rd Tehran International...

  • April 30, 2022
  • Athletic

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Latest News

  • FUEL PRICES SLIGHTLY INCREASE IN LEBANON July 5, 2022
  • FUEL PRICES SLIGHTLY INCREASE IN LEBANON July 5, 2022
  • EU ELECTION OBSERVATION MISSION PRESENTS FINAL REPORT ON 2022 PARLIAMENTARY ELECTIONS July 5, 2022
  • FAYYAD MEETS IRAQ’S INTERIM ELECTRICITY MINISTER July 5, 2022
  • MIKATI MEETS MINISTER ASAKER, IRANIAN AMBASSADOR July 5, 2022
  • GEAGEA SAYS IS ‘NATURAL CANDIDATE’ TO PRESIDENCY, URGES OPPOSITION TO UNIFY RANKS July 5, 2022
  • MAKARY RECEIVES RESEARCHER ALI SWEIDAN July 5, 2022

Recent Posts

  • FUEL PRICES SLIGHTLY INCREASE IN LEBANON July 5, 2022
  • FUEL PRICES SLIGHTLY INCREASE IN LEBANON July 5, 2022
  • EU ELECTION OBSERVATION MISSION PRESENTS FINAL REPORT ON 2022 PARLIAMENTARY ELECTIONS July 5, 2022
  • FAYYAD MEETS IRAQ’S INTERIM ELECTRICITY MINISTER July 5, 2022
  • MIKATI MEETS MINISTER ASAKER, IRANIAN AMBASSADOR July 5, 2022
  • GEAGEA SAYS IS ‘NATURAL CANDIDATE’ TO PRESIDENCY, URGES OPPOSITION TO UNIFY RANKS July 5, 2022

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