Lebanon

Defining the leaders of the future

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It has been clear for some time now that mobile connectivity is outpacing fixed-line connectivity as the communications growth is being driven mainly in developing countries that are typically characterized by poor fixed infrastructure. Mobile communications offer a cheaper and more efficient solution to connectivity and have surged in usage…

Itani: FDI to GDP registered 5.1%, the highest level in the region

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Despite the turmoil that is still impacting the Middle East region, Lebanon managed to maintain stable growth levels. The Investment Development Authority of Lebanon reserves no effort to promote Lebanon as a viable investment destination. Chairman Nabil Itani announces positive investment indicators, which would be encouraging to establish greenfield projects…

New Date of the Immigrants’ Reunion 2018

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Building on the great success of previous Planet Lebanon conferences, we hope that you have enjoyed Planet Lebanon 2017 conference held in Beirut in August 2017. Under the Patronage of His Excellency Mr. Saad Hariri, LIBC is proud to organize and to encourage you to attend the 4th “Immigrants Reunion 2018 “…

touch: the leading mobile operator in Lebanon

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Established in 2004, touch (formerly known as mtc touch) is the leading mobile telecommunications and data operator in Lebanon with a market share standing at 53%. Touch is managed by Zain Group, the region’s first mobile and data services operator with a commercial footprint today in 8 Middle Eastern and…

IDAL FDI MONITOR 2018

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IDAL FDI monitor generates a comprehensive quarterly report on Foreign Direct Investments FDI & local investments in Lebanon.         Read more: http://investinlebanon.gov.lb/Content/uploads/Publication/180726113748379~FDI%20MONITOR%20LEBANON%202018.pdf

The Story of Ecovillage of Bader Hassoun

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Since 1480, Khan Al Saboun has been known for its achievements and success in providing its customers with their needs and accommodating their different tastes. The environmental village of Khan Al Saboun was established in order for traditional, environmental-friendly production to evolve. Exhibitors, professionals, and retail visitors are welcomed to…

Lebanon: Tourist tax free spending up near ten percent this year

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Tax-free spending increased by 9.5 percent in the first half of the year compared to the same period in 2017, according to Global Blue’s report: ‘Globe Shopper Spending Insights YTD – January to June 2018’. The report accounts for VAT refunds that occur at Beirut Rafic Hariri International Airport and…

Salameh: Lebanese pound and Monetary conditions are stable

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Salameh smiles during an interview with The Daily Star in Beirut, Wednesday, March 28, 2018. (The Daily Star/Mohammad Azakir)
Central Bank Governor Riad Salameh said Thursday that monetary conditions in Lebanon were stable and that the country could expect two percent growth this year. In comments made after a meeting with President Michel Aoun, Salameh said that deposits in Lebanese banks are growing at a rate of five percent…

Lebanon’s first wind farm on track

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When Energy and Water Minister Cesar Abi Khalil signed the contract February to construct the country’s first wind farm in north Lebanon’s Akkar, local residents expressed concerns about possible negative effects, but today, some of that fear has since abated. “Generating power using the sun and wind are productive projects…

BLOM Bank sees higher 2018 profit, hopeful on new govt

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Lebanon’s BLOM Bank expects a slight improvement in its profit and balance sheet in 2018 and hopes a new government will be formed soon to implement economic reforms, its chairman and general manager said on Monday. Saad Azhari said Lebanese banks were expecting “acceptable” deposit growth of 5 to 6…
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