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FDI inflows to Lebanon increase by 9%

Foreign direct investment (FDI) inflows are estimated at $2.56 billion in 2016, up nine percent compared with the previous year, according to the ‘World Investment Report 2017’ released by the United Nations Conference on Trade and…

UK-Lebanon Tech Hub Fund provided by the BDL

Nicolas Sehnaoui, Chairman of the UKLTH, announced a fund of $3.2 million as an investment for the UK-Lebanon Tech Hub (UKLTH). The fund is being provided by the Central Bank (BDL). The amount matches the £2.5 million ($3.2 million)…

Five new industrial zones planned in Lebanon

The Ministry of Industry (MoI) has chosen five locations in different regions in which to build industrial zones.Dany Gedeon, Director General of MoI, said: “The ministry is cooperating with the Unions of Municipalities for the projects.…