Byblos


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Byblos

(bĭb`ləs), ancient city, Phoenicia, a port 17 mi (27 km) NNE of modern Beirut, Lebanon. The principal city of Phoenicia during the 2d millennium B.C., it long retained importance as an active port under the Persians. Byblos was the chief center of the worship of Adonis. Because of its papyruses, it was also the source of the Greek word for book and, hence, of the name of the Bible. Excavations of Byblos, especially since 1922, have shown that trade existed between Byblos and Egypt as early as c.2800 B.C. A syllabic script found at Byblos dates from the 18th to the 15th cent. B.C.
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"We have decided to cancel our show in Byblos in solidarity with Mashrou' Leila and in support of tolerance, freedom of speech and expression," the statement added.
Makarios III Avenue, Limassol, will be attended by Byblos Bank business partners and associates.
Byblos's profitability is structurally low compared with similarly rated peers (operating profit/risk weighted assets ratio of 1.8% in 2017), mainly because its balance sheet is largely made up of low-yielding liquid assets, but also due to high domestic competition and the downsizing of more profitable international operations.
Byblos is located some 40 kilometres north of Beirut and is noted for its archaeological attractions.
The shock resignation triggered a political crisis that reverberated across Lebanon, as a massive flow of rumours about the circumstances and consequences of the resignation had a negative impact on the sentiment in the first three weeks of the month and risked a significant slide in the Index," said Nassib Ghobril, Chief Economist and Head of the Economic Research and Analysis Department at Byblos Bank Group.
"Customer deposits stood at $18 billion (+5.3 percent) while net customer loans reached $5.4 billion (+5.2 percent) as at end 2017, leaving the bank with a strong potential to expand its lending portfolio when economic recovery picks up in Lebanon and the overseas markets where it operates," Byblos Bank's statement said.
The shares were mainly acquired following the assignment by Raymond Samir Zina Rahmeh and Teddy Samir Zina Rahmeh (collectively known as ZR Group) to Byblos Bank of their sharesand rights under share purchase agreements entered into with the former shareholders of Banque Pharaon and Chiha.
The second floor will host Byblos Sur Mer's lounge bar where singers and performers will entertain guests throughout the evening.
Byblos Bank noted that the Q4 2013 confidence readings were more than 70 percent lower than those in each of 2008 and 2009, marking a steeply downward trend.
This initiative, a first-of-its-kind in the region, is the result of Byblos Bank's investment for a green and sustainable environment in Lebanon.
Byblos is situated on the left wing of the building and the interiors are a mix between ancient Andalusian and European designs and the colors mostly comprise light shades, such as, white, beige and gold.
He said Byblos' original plan for Union Station was formed prior to the city's tobacco control ordinance, but because of construction delays its application for a hookah bar was submitted well after the City Council adopted the smoking prohibition.