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News
Syria Fuel Price Hike: Banias Refinery Shutdown
1+ day, 6+ hour ago (903+ words) Syria has temporarily increased fuel prices starting Sunday due to rising global costs and the need to ensure domestic supply continuity. The move follows a major refinery shutdown and ongoing import dependency. The Permanent Committee for Setting Prices of Petroleum…...
Lebanon-Syria Standards Agreement Progress
5+ day, 6+ min ago (266+ words) dailybeirut.com Minister of Economy and Trade Ammar al-Bassat announced that "work on unifying standards and measurements between Lebanon and Syria has advanced significantly and is now closer to implementation in the coming months, as part of a broader initiative…...
Georges Braks Warns of $30/L Gas Price in Lebanon
5+ day, 6+ hour ago (168+ words) Braks: We Are on the Brink of $30 per Liter for Gasoline in Lebanon Daily Beirut George Braks, a member of the Lebanese Fuel Stations Owners Association, stated: "Unfortunately, due to escalating military tensions and attacks on energy facilities in the…...
Karim Sayed: $79.5B Deposits at Risk in Lebanon
6+ day, 20+ hour ago (761+ words) Lebanon's Central Bank Governor Karim Sayed outlines a timeline for passing the critical fiscal gap law, revealing that deposits totaling $79.5 billion are at risk and gold reserves may be used only under extreme circumstances. Lebanon's Central Bank Governor Karim Sayed…...
U.S. Protection for Oil Tankers in Strait of Hormuz
1+ week, 2+ day ago (153+ words) Oil tankers carrying 7 million barrels of oil are preparing to pass through the Strait of Hormuz under U.S. military protection, amid heightened maritime activity in the region. According to the maritime data service "TankerTrackers," on Saturday, oil and gas tankers carrying…...
Alvarez & Marsal Audit Launches in Lebanon
1+ week, 5+ day ago (274+ words) The Central Bank of Lebanon confirms it is maintaining full cooperation with Alvarez & Marsal following the award of a criminal audit contract, aiming to enhance transparency and accountability. Issued by the Central Bank of Lebanon: Following the official commencement of…...
Hani, Chouf Visit Boosts UAE-Lebanon Contract Farming
2+ week, 1+ day ago (262+ words) Minister of Agriculture Nizar Hani visited the Chouf region to advance cooperation between Lebanese agriculture and UAE and Gulf markets through contract farming initiatives. Minister of Agriculture Nizar Hani, in an agricultural and developmental visit, toured the Chouf region, following…...
Cement Scandal: Tripoli Port Import Without Inspection
2+ week, 4+ day ago (285+ words) Daily Beirut Industry Minister Jo Zeid al-Khouri sent a letter to the General Director of the Industrial Research Institute requesting an immediate investigation into the officials responsible for allowing a cement shipment through the Port of Tripoli on behalf of…...
Lebanon-Syria Rail Link Revival Talks
2+ week, 5+ day ago (661+ words) Lebanon and Syria have agreed to strengthen transport cooperation, focusing on rail and road links to boost trade, logistics integration, and regional connectivity. During the meeting, Rajjmani emphasized "the importance of advancing transport cooperation onto a practical path based on…...
Electricity of Lebanon Cuts Power to Unpaid Institutions · Daily Beirut
3+ week, 8+ hour ago (151+ words) Electricity of Lebanon Cuts Power to Unpaid Institutions Daily Beirut Issued by the Board of Directors of the "Electricity of Lebanon" Authority: "In implementation of the decision issued by the Board of Directors of the Electricity of Lebanon Authority on…...