Beirut - Saudi Arabian billionaire prince Al-Waleed Bin Talal now holds over 85 percent of shares of the Lebanese Broadcasting Corporation satellite television channel (LBCSAT) and the Production and Acquisition Company (PAC), according to An-Nahar daily.

Tehran has sent a written response to an offer from the world's leading powers regarding its nuclear programme, amid hopes in the west that formal negotiations could begin

Oil prices fell Friday on profit-taking, a day after surging to record highs on the back of a weak dollar and concerns over tight supplies, traders said. Brent North Sea oil for August delivery slid by $1.22 to $144.86 a

Lebanon expects over 1.3 million tourists this year thanks to the positive political atmosphere following the election of a new president, outgoing Tourism Minister Joe Sarkis said Friday. The minister made the remarks during a tour of Rafik Hariri International

The private sector supports increasing the minimum wage but strongly refuse any intervention from the government in this matter, Fadi Abboud, the president of the Lebanese Industrialists Association, said on Friday. Abboud made these comments following a long meeting between

Lebanese farmers on Friday threatened to take to the streets if the government refuses to backtrack on its decision to cancel the Export Plus Program. After a meeting with outgoing Economy and Trade Minister Sami Haddad, the farmers' syndicate said