Arabian Gulf Business Insight on MSN

Lebanon urged to sell gold to counter economic crisis

Lebanon should sell part of its vast gold reserves to revive its crippled financial sector and repay billions in frozen deposits, a global finance body has said. The proposal is part of a five-year ...
Restoring both domestic and international confidence in the Lebanese government will ultimately depend on taking tangible ...
Lebanon's cabinet is soon expected to approve and send to parliament a long-awaited law needed to restructure its debt burden, the country's economy minister said, adding that policymakers are in ...
While the banking crisis remains unresolved, there is still ample scope for Lebanon’s central bank to advance reforms and set ...
Lebanese depositors will get their money back over time as part of any financial overhaul, with the state, central bank and local banks sharing the burden of repairing the crisis-stricken economy, ...
BEIRUT (AP) — Fireworks lit up the night sky over Beirut’s famous St. Georges Hotel as hit songs from the 1960s and 70s filled the air in a courtyard overlooking the Mediterranean Sea. The ...
Financial meltdown on a scale never seen before in Lebanon has raised fears for the stability of a country facing multiple crises.