Lebanon PM-designate bids to form govt within 2 weeks

Prime minister designate Mustapha Adib aims to form a government in two weeks. Lebanon’s prime minister designate was to kick off talks Wednesday on forming a crisis government within two weeks to begin enacting desperately needed reforms in the disaster-hit country. Government formation is usually a drawn-out process in multi-confessional Lebanon where a complex political system seeks to share power ...

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S&P downgrades Lebanon bonds after missed payments

Beirut’s devastated port following the deadly explosion that ravaged the city in early August. The blast has added to the country’s mounting economic turmoil. WASHINGTON: Credit ratings agency S&P downgraded more Lebanese government debt issues after missed payments, citing the country’s worsening economic crisis following the devastating explosion in Beirut earlier this month. S&P Global Ratings maintained the “selective default” or ...

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Israeli firms need not apply for Casino du Liban online casino tech partner search

Lebanon’s only casino operator says it’s looking for an online gambling technology partner, with a preference for mid-tier company that won’t cost too much and aren’t run by Israelis. On Friday, Casino du Liban announced a request for proposals (RFP) for “the implementation of an internet gaming platform with operations management to be based in Lebanon.” The platform will host “an array of gaming ...

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