Top Lebanon News

Fitch Affirms Bank Audi's Stable Outlook

Fitch Ratings has affirmed Lebanon-based Bank Audi ratings at Long-term Issuer Default (IDR) 'B-' with Stable Outlook, Short-term IDR 'B', Individual 'D' and Support '5'. The Saudi Gazette - 03Jul 07:33GMT
Hizbullah slams Ban's 'extreme bias' in 1701 report

Hizbullah on Thursday criticized UN Secretary General Ban Ki-moon over what the group called "extreme bias" toward Israel in his latest report on the implementation of Security Council Resolution 1701. The Daily Star - 03Jul 05:49GMT
Sleiman rules out any tolerance for security breaches

President Michel Sleiman said on Thursday that security breaches should in no way be tolerated "especially since we are expecting a promising summer season." The Daily Star - 03Jul 05:48GMT
Lebanon again plagued by power rationing amid tourist influx

Lebanon is once again experiencing severe electricity rationing this summer as thousands of Lebanese and Arab visitors flock to the country, increasing strain on power stations that meet less than 60 percent of the country's electricity needs. The Daily Star - 03Jul 05:48GMT
Lebanese man gets 25 years for arms dealing

: A Lebanese man convicted of agreeing to sell millions of dollars of weapons to leftist guerrillas in Colombia was sentenced to 25 years in prison on Wednesday. The Daily Star - 03Jul 05:47GMT
Hariri wants to include 'broadest assortment' of parties in cabinet

Prime Minister-designate Saad Hariri is determined to shape a national-unity cabinet that includes "the broadest assortment of political parties," sources close to the March 14 Forces told The Daily Star on Thursday. The Daily Star - 03Jul 05:47GMT
Gad Elmaleh's absence is yet another missed opportunity in Lebanon

Gad Elmaleh, "the funniest man in France," will not be tickling audiences this month at the Beiteddine Festival. The Daily Star - 03Jul 05:46GMT
Lebanon's Credit Ratings Upgraded

Capital Intelligence, the international credit rating agency, today announced that it has raised Lebanon's long-term foreign and local currency ratings to 'B' from 'B-' (B minus). The outlook is stable. Press Release - 02Jul 13:15GMT
Beirut Arab University Signs with UniversiTools

Beirut Arab University (BAU) in Lebanon has selected UniversiTools software to manage its full scheduling needs across university campuses in Lebanon and Egypt. Press Release - 02Jul 07:42GMT
Army arrests 21 over Lebanon clashes

The Lebanese army said on Thursday it has arrested 21 people over a street battle in mainly Muslim west Beirut at the weekend that left a woman bystander dead. AFP - 02Jul 07:33GMT

» All Lebanon News | All Analysis

The Toolbox

Economy

Lebanon: Country outlook
Economist Intelligence Unit - 17 Jun 2009

EIU expects

Lebanon

’s real GDP to fall to 2.4% in 2009, owing to a slowdown in regional demand for Lebanese goods and services, as well as political uncertainty around the election. In 2010 growth should increase to 3.3%, as a modest pick-up in regional growth boosts investment and tourist arrivals. However, there is a risk that a sudden political crisis could derail the economy, as occurred in three of the past five years.

» Read Report

Companies

Fly at a Premium...

Kuwait National Airways operates premium scheduled air transportation services through its division, Wataniya Airways. KNA listed its shares, worth USD125.57 million, on the Kuwait Stock Exchange, in December 2008.

Community Buzz

Stories in Lebanon

Most read stories by Community in the last 24 hrs

1	Lebanon's Credit Ratings Upgraded
2	Jobs For Lebanese
3	Lebanon moves away from being a failed state
4	Steel Prices Likely To Rise Next Month
5	Beirut Arab University Signs with UniversiTools
6	Egyptian tycoon on death row hires new lawyer
7	Alfa offers its subscribers free breaking news SMS alerts
8	Lebanons ranks third in export credit insurance
9	Arabs back on board for Mediterranean Union
10	Number of swine flu cases in Lebanon rises to 47

Companies in Lebanon

Most viewed companies by Community in the last 24 hrs

Company Name	Country	Industry
Azadea Group Holding	Lebanon	Specialized Retailers
Kingdom Beirut	Lebanon	Lodging
Emirates Lebanon Bank	Lebanon	Banking
Mersaco	Lebanon	Pharmaceuticals
Mobile Telecommunications Company Lebanon	Lebanon	Telecommunications Services
City Mall	Lebanon	Properties and Zones
L'Oréal Liban	Lebanon	Personal Care Products
Admic	Lebanon	General Retailers
Bank Audi	Lebanon	Banking
Electricité du Liban	Lebanon	Electric Utilities

Projects

Most viewed projects by Community in the last 24 hrs

Project Name	Country	Sector
Ras Girtas Power Company - Ras Girtas IWPP	Qatar	Power and Water
IGD - Gasco - Habshan 5 Gas Processing Plant	UAE	Oil and Gas
Emirates Aluminium (EMAL) - Smelter Complex	UAE	Industry
SATORP - Jubail Refinery and Petrochemical Complex	Saudi Arabia	Oil and Gas
Takreer - Ruwais Refinery Expansion	UAE	Oil and Gas
Qatar Foundation - Sidra Medical and Research Center	Qatar	Real Estate
Aramco/Dow Chemical - Ras Tanura Integrated Refinery and Petrochemicals Complex	Saudi Arabia	Oil and Gas
Abu Dhabi Ports Company - Khalifa Port and Industrial Zone (KPIZ)	UAE	Infrastructure
SATORP- Jubail Refinery and Petrochemical Complex - Conversion Unit and Sulphur Package (Part 2)	Saudi Arabia	Oil and Gas
Dubai RTA - Dubai Metro - Purple Line	UAE	Infrastructure

Blogs

Most read blogs by Community in the last 24 hrs

1	This might just be the push you've been waiting for....
2	A tale of two banks
3	By the people for the people
4	Debate on morality has only just begun
5	The Sorry State of Real Estate in the UAE (Uncensored Version)

Calendar

	Entity	Event
01Nov	Organized by PennWell Corporation	POWER-GEN Middle East 2010 (3 days from 01-03 Nov 2010)
03Oct	Organized by Riyadh Exhibitions Company	Saudi Build 2010 (4 days from 03-06 Oct 2010)
23May	Organized by Riyadh Exhibitions Company	Saudi Water Technology 2010 (4 days from 23-26 May 2010)
23May	Organized by Riyadh Exhibitions Company	Saudi Elenex 2010 (4 days from 23-26 May 2010)
23May	Organized by Riyadh Exhibitions Company	Saudi Luminex 2010 (4 days from 23-26 May 2010)
» More

Jobs For Lebanese
Privatisation of the inefficient but crucial telecom and energy sectors are key hurdles in Lebanon, as the new PM Saad Hariri looks to create more jobs in the country.

Novice Turned PM
Saad Hariri, who was propelled into the heart of Lebanese politics following the assassination of his ex-PM father four years ago, was himself named to the top job.

The House Made Of Brick
In Lebanon, prospective buyers waited for prices to follow suit; figuring the past year's decrease in construction cost and the lower demand from Lebanese expatriates would bring prices down.

Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Cap ($mil)
1	The Lebanese Company for the Development and Reconstruction of Beirut Central District	Lebanon	4,399
2	Bank Audi	Lebanon	2,280
3	BLOM Bank	Lebanon	1,726
4	Byblos Bank	Lebanon	1,099
5	Bank of Beirut	Lebanon	1,009
» View Full List

Related Information

Companies Based in Lebanon

Select from 597 companies

EIU Research On Lebanon Economy & Sectors

Key Developments24Jun09

Background:

Political Structure24Jun09

Economy:

Economic Background09Oct08

Country Risk Summary24Jun09

Country Outlook17Jun09

Economic Structure24Jun09

Quaterly Economic Indicators24Jun09

Manufacturing09Oct08

» View Full Report

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