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Economy

Jad Chaaban

Lebanon Is Not Going Bankrupt Anytime Soon, Let’s Stop The Pointless Bashing

Spreading rumors about an imminent financial collapse is short-sighted. It would harm the average Lebanese citizen while ironically emboldening rather than undermining the country's ruling class.
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Kafa Alameh

Data Science: The Job of the Future

Individuals are relinquishing, consuming, and producing data more than ever. Photos, videos, mobile calls and personal note all contribute to...
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Marwan Tibi

What Is The Impact of Banque du Liban’s Circular 331 on the Lebanese Economy?

Much has been said about Banque du Liban (BDL) Circular 331 and the positive effect it had on the Lebanese economy in the past three years. The ecosystem of technology startups has boomed into a full-fledged industry, with co-working spaces and specialized districts established in different areas of Beirut slowly...
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Beirut Today

New Taxes Scrapped by Lebanon’s Constitutional Council

In a rare move by a top judicial authority, Lebanon’s Constitutional Council – a high-ranking judicial committee that looks into...
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Bachir El Nakib

New U.S. Congress Sanctions and Their Potential Impact on Lebanon

65% of deposits in Lebanon are in U.S. dollars, and 72% of loans are denominated in U.S. dollars. Lebanese banks are in need of correspondent banks in the U.S. to clear their transactions in U.S. dollars.
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Beirut Today

Prices in Lebanon Start to Rise Following Tax Hike Law

Lebanon’s residents, and those traveling into and out of the country, are already feeling the impact of the new tax increases recently enacted by the government. Telecommunications costs, especially mobile telephony, have increased immediately due to an increase in the Value Added Tax (VAT) from 10 to 11%, and the...
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Marwan Tibi

On the Difficulties of Doing Business in Lebanon

The journey to company creation and establishing operations in Lebanon is known to quickly become an odyssey that takes entrepreneurship...
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Celine Bteish

The Real Estate Sector: The Lebanese Scene

Towers, luxurious buildings, compounds and medium sized dwellings are being built and sold at unaffordable prices.
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Maya Wakim

How Working in Services Taught Me More Than A Degree Did

Education, and most importantly self-education should not be cornered between four-walls.
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