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Osama Habib

Osama Habib latest

Apart from economists, investors and businessmen, international ratings agencies have expressed deep concern over the delay, reminding the authorities that the growing public debt has reached alarming levels. (Shutterstock)
July 18th, 2018 - 10:45 GMT

Delays in Cabinet Formation Will Hurt Lebanese Economy

Economists and business leaders, who are closely monitoring the situation, warn that further delay in forming the Cabinet could complicate the implementation of reforms and hence deprive Lebanon from receiving the soft loans and grants from the CEDRE conference that are essential to rebuild infrastructure and turn the economy around.
Read more
Corruption in the real estate sector is one of many instances of corruption in Lebanon. (Shutterstock)
February 15th, 2018 - 11:35 GMT

Corruption in Real Estate Costs Lebanon $40 Million a Year

Saad Hariri called on all ministries and public institutions to cut their 2018 budgets by 20 percent. Is it enough to reduce the country's deficit? Economists weigh in. (AFP)
January 29th, 2018 - 08:50 GMT

Lebanon: Hariri's 20 Percent Budget Cut, Enough to Reduce Deficit?

As the Lebanese bid farewell to 2017, economists are busy now analyzing the challenges Lebanon will face in 2018 hoping to revitalize the sluggish economy. (Ibrahim Chalhoub/ AFP)
January 8th, 2018 - 02:00 GMT

Challenges Facing Lebanon in 2018, and How to Solve Them

Palestinian-born real estate developer Mohamed Hadid does not conceal his deep affection to his roots despite spending most of his life in the US. More in this interview.  (Pictured here: Mohamed Hadid and his daughter model Bella Hadid during the 70th annual Cannes Film Festival/ Getty Images)
January 8th, 2018 - 01:00 GMT

Palestinian and Proud: Interview With Real Estate Developer Mohamed Hadid

Lebanon’s banking sector is seen as the backbone of the country’s economy and the assets held by the lenders are more three times the size of economy. (AFP/File)
January 30th, 2017 - 08:00 GMT

Lebanon's big savers: Half of customer deposits held by less than one percent of depositors

The deadline for the implementation of the automatic tax data exchange ends in September. (File photo)
September 20th, 2016 - 09:56 GMT

Lebanon's banks risk international blacklisting if tax disclosure bill is not passed

Al Bawaba
July 16th, 2015 - 01:14 GMT

Israel, Lebanon at it again as the US hopes to end the maritime border dispute

Al Bawaba
July 2nd, 2015 - 12:43 GMT

Lebanon to US: Israel can’t have our waters

A prominent businessman and banker accused by US authorities of financing Hezbollah has denied the allegations. (AFP/File)
June 15th, 2015 - 11:37 GMT

Lebanese businessman denies Washington allegations of Hezbollah links

Al Bawaba
April 20th, 2015 - 01:27 GMT

Pointing out the weakness in Lebanon’s 2015 draft budget

Al Bawaba
September 4th, 2014 - 11:17 GMT

Lebanon’s parliament is in hot water with Eurobonds. Can the Central Bank help?

One source told The Daily Star that most international oil companies may not rush to bid for available gas blocks if Lebanese politicians failed to iron out all their differences on some articles in the decrees.
July 14th, 2014 - 03:55 GMT

Passing on gas: Lebanon's gas auction postponed over and over again due to political deadlocks

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