President of the "Environmental Rescue" Party, Engineer Bishara Abi Younes announced his candidacy for the presidency of the Republic of Lebanon. Abi Younes mentioned during the presentation of its program that Lebanon is a country of political, economic and press freedom.
NNA.Demonstrators on Tuesday evening closed again the Nehme Landfill after the deadline given by the "Closure of the Landfill" Campaign came to an end at six p.m. this evening, NNA correspondent reported.
Demonstrators staged a sit-in in the middle of the road at the Landfill's entrance, hoisting banners and calling for the closure of said landfill.
The Committee of the "Closure of the Landfill" Campaign is currently holding a meeting to discuss the decision that it shall be adopting with respect to the contacts and negotiations undertaken between said campaign and the concerned state officials.
The General Assembly of the Association of Banks in Lebanon (ABL) elected its Board of Directors for a two-year term. The Board elected Dr. François Bassil, Chairman & General Manager of Byblos Bank sal as ABL's Chairman, constituting Dr. Bassil's fourth term chairing the ABL's board. Mr. Saad Azhari, Chairman of BLOM Bank, was re-elected as Vice Chairman; Bank Audi's Chairman, Mr. Raymond Audi, was re-elected as the Board's Secretary and Mr. Tanal Sabbah from the Lebanese-Swiss Bank as Treasurer. The other board members are Mr. Nadim Kassar (Fransabank), Mr. Farid Raphael (Banque Libano-Française), Dr. Joseph Torbey (Crédit Libanais), Mr. Mohammad Hariri (BankMed), Mr. Antoine Sehnaoui (SGBL), Mr. Marwan Kheireddine (Al-Mawarid), Mr. Abdel- Razzak Achour (Bank of Kuwait & the Arab Countries), and Mr. Selim Sfeir (Bank of Beirut).
Lebanon This Week, Byblos Bank's publiactin
The Capital Markets Authority (CMA) issued a decree to regulate crowdfunding activities in Lebanon. Crowdfunding consists of small- and medium-sized enterprises (SMEs), as well as start-up firms, raising funds by selling small shares of equity to many individual investors, usually through the Internet. The CMA said that specialized crowdfunding institutions would have to set up an electronic platform to connect the firms with potential investors. It indicated that the minimum amount of capital that SMEs and startup compa- nies need to raise through crowdfunding is LBP30m, or $20,000. In addition, it said that crowd investors' direct and indirect invest- ments in each company is set at between LBP750,000 and LBP15m, or between $500 and $10,000. The CMA noted that crowdfund- ing organizations need to open a frozen escrow account at a bank operating in Lebanon for each crowdfunding transaction, while the release of funds would be contingent on reaching the desired amount of funding and within a timeline of up to 180 days
Lebanon This Week, Byblos Bank's publication.
A fundraising event, entitled Think Green, will be held by Zero Waste ACT for all its business members on September, 10,2013, at WHITE, Dora.
The Green Mind Association invited all Green Mind Award Participants, finalists, runner ups and winners to the GREEN MIND DAY on Jan-16-2013 in Beirut, to create a platform where interested Venture Capital and Potential Investors met with participants.
A green initiative launched by Ashrafieh 2020 project aims to transform Ashrafieh into a tranquil and unpolluted area.Green spaces allow residents to walk and ride bicycles.