Wednesday 3 September 2014
 
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lebanon

Arab Bank’s internet banking services wins award

Arab Bank recently received the Best Corporate and Institutional Internet Bank in Lebanon award from the international magazine, Global Finance, for its “Corporate@Arabi&rdquo

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Lebanon sees 1.5-2pc GDP growth despite Syria crisis

Lebanon's economy is expected to grow 1.5 to 2 per cent and inflation is not expected to exceed 4 per cent in the year 2014, despite the fall-out from the war in neighbouring Syria, the central bank governor said on Monday. Le

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US sends arms to bolster Lebanon army

The United States has begun delivering nearly $20 million of arms including assault rifles, anti-tank missiles and mortars to bolster Lebanon's army after Islamist insurgents seized a border town for several days this month, US officials sai

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Egypt calls for Gaza ceasefire as fighting rages

Egypt called on Israel and the Palestinians on Saturday to halt hostilities and resume peace talks, but both sides kept up attacks, including an Israeli air strike which destroyed a residential tower block in the centre of Gaza City.

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Islamists sought to turn Lebanon into Iraq: army chief

Islamic State insurgents who seized a Lebanese border town this month planned to turn Lebanon into another Iraq by unleashing sectarian war between Sunnis and Shi'ites that would have endangered the nation's very existence, the army comm

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Ex-PM Hariri back in Lebanon

Former prime minister Saad Al-Hariri returned to Lebanon on Friday for the first time in three years, on a visit seen as reasserting a moderate influence over the Sunni community following a deadly incursion by Islamist militants.

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Lebanon truce falters, Saudi gives $1bn to army

Lebanon's army and Islamist militants clashed on Wednesday in breach of a ceasefire aimed at ending five days of fighting in the most serious spillover of Syria's civil war onto Lebanese soil. Saudi Arabian King Abdullah g

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Ceasefire agreed in Lebanese border town battle

The Lebanese army and Islamist militants agreed a 24-hour ceasefire on Tuesday after four days of fighting triggered by the rebels' seizure of a border town, in the most serious spillover of Syria's three-year civil war into Lebanon.

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Lebanon army fights to expel gunmen from town

Lebanese soldiers traded fire with Islamist gunmen and shelled areas around the border town of Arsal on Sunday in a push to dislodge the biggest incursion by militants into Lebanon since Syria's civil war began. At least 10 Le

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Bank Audi H1 profit up to $190m

Lebanese Bank Audi said its first half net profit was $190 million, slightly up from $188 million in the same period last year. The bank said in statement its customer deposits grew by $2.9 billion to $34 billion over the first si

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