Speaker Nabih Berri and President of Cyprus Nicos Anastasiades said Tuesday that both countries will cooperate on offshore oil and gas exploration in their respective maritime zones. During their meeting, Berri and Anastasiades also discussed collaboration between Lebanon and Cyprus on various local and regional issues. “We discussed several matters ... Read More »
GroupMed Holding s.a.l., the owner of Bankmed s.a.l. is pleased to announce a new shareholder, OLT Holding s.a.l. Following the approval of the Central Bank of Lebanon, OLT Holding s.a.l. owned by Mr. Ala Al Khawaja has successfully acquired from Mr. Ayman Hariri a 42.24% ownership stake of the share ... Read More »
The United States refused Monday to sign on to a Group of Seven pledge that calls the Paris climate accord the “irreversible” global tool to address climate change. The G-7 environment ministers issued a final communique Monday after their two-day meeting, the first since the United States announced it was ... Read More »
Prime Minister Saad Hariri announced Monday that Lebanon would have a new vote law by Wednesday despite remaining obstacles that could unravel the agreement reached by the country’s top leaders to avert a parliamentary vacuum and clear the way for holding the first elections since 2009. He also said that ... Read More »
President Michel Aoun called for increased cooperation between Cyprus and Lebanon in the oil and gas sector Monday as he welcomed Cypriot President Nicos Anastasiades to the presidential palace. Anastasiades was welcomed by an official honor guard, with Lebanon’s foreign, economy, industry, tourism and anti-corruption ministers all present. “We hope ... Read More »
Police Tuesday identified the third attacker in the weekend terror assault in London amid mounting anger, two days before an election, over how the killers had apparently escaped surveillance. With flags at half-mast, Britain fell silent at 11:00 am to remember the seven killed and dozens injured Saturday – a ... Read More »
Prime Minister Saad Hariri chaired a highly important meeting Tuesday night attended by senior officials of the country’s main political parties in the latest attempt to resolve sticking points that threaten to unravel a deal on a new vote law based on proportional representation. The meeting at Hariri’s Beirut Downtown ... Read More »
Interior Minister Nouhad Machnouk Tuesday praised the coordination between security agencies that helped prevent a planned suicide bomb attack in Beirut’s southern suburbs. “The planned suicide bombing in Beirut’s southern suburbs by terrorists was prevented due to a pre-emptive operation and coordination between the General Security and Internal Security Forces ... Read More »
President Michel Aoun said Tuesday that Lebanon was keenly engaged in the fight against terrorism, adding that the military operations currently implemented are serving their mission. Speaking during a meeting with United States Central Command’s Gen. Joseph Votel, Aoun said that the pre-emptive military operations the Lebanese Army has been ... Read More »
Parliament’s Finance and Budget Committee Monday completed the first of two sessions to finalize Lebanon’s 2017 state budget. “We’ve reached Article 50 [of the draft budget], and discussions will continue on this issue and other related topics,” Change and Reform bloc MP Ibrahim Kanaan told the press following the meeting. ... Read More »
Lebanese Ministry of Information
