BEIRUT- In its weekly issue, Lebanon This Week, Byblos Bank reported that the Labor Ministry and the Association of Lebanese Industrialists agreed on a plan to temporarily resolve repayment problems related to the National Social Security Fund (NSSF). The plan consists of paying all bills of up to LBP 500m within a three months period, and bills of up to LBP 1bn within a six months period. The two sides also agreed that the payment of dues that exceed LBP 1bn will take place within two years. A temporary agreement with economic associations will be signed after submitting it to the NSSF board for approval. The Labor Ministry stated that officials are considering a new mechanism for paying back dues to organizations, which consists of... Read more

BEIRUT - Figures released by the Ministry of Industry show that industrial exports reached $1.45bn in the first five months of 2010, constituting an increase of 29% from $1.12bn in the same period last year, according to Byblos Bank’s weekly... Read more

BEIRUT – In its weekly issue, Byblos Bank’s Lebanon This Week reported that the Labor Ministry and the Association of Lebanese Industrialists agreed on a plan to temporarily resolve repayment problems related to the National Social... Read more

BEIRUT - Minister of Energy and Water Gebran Bassil issued a statement on Wednesday determining in it the prices of this week’s fuel on the Lebanese territories. 20 liters of unleaded gasoline 98 and 95 octane decreased by 300 Lebanese... Read more

BEIRUT – According to Lebanon this Week published by Byblos Bank, Figures released by the Ministry of Industry show that industrial exports reached $866m in the first quarter of 2010, constituting an increase of 24.6% from $695m in the same... Read more

BEIRUT - According to Lebanon this Week published by Byblos Bank, figures released by the Association of Automobile Importers in Lebanon indicate that a total of 9,221 new passenger cars were sold in the first four months of 2010, constituting an... Read more

BEIRUT – Industry Minister Ibrahim Dadayan chaired the Lebanese delegation to Qatar. He attended the 21st Forum of Arab Ministerial Council for Industrial Development that was held in Doha. Many Arab Industry Ministers participated in the... Read more

BEIRUT - Reuters reported European Commission President Jose Manuel Barroso saying that an assessment group will be formed to study the impact of Icelandic volcano eruption on Europe's economy. The ash cloud resulting from said volcano has... Read more

BEIRUT – According to Lebanon This Week published by Byblos Bank, figures released by the Association of Automobile Importers in Lebanon indicate that a total of 3,542 new passenger cars were sold in the first two months of 2010, constituting... Read more