News

Port of Tripoli (PoT) is expecting the arrival tomorrow (Friday) of the first container vessel, Cielo di Agadir, under the Moroccan flag.The vessel is part of CMA CGM’s fleet.The vessel is around 185 meters long and 25.5 meters wide. It…

The Ambassador of Italy Massimo Marotti has announced a €5 million ($5.5 million) soft loan to be granted for the implementation of renewable energies in residential buildings.The loan will be pooled into the National Energy Efficiency…

The Council for Development and Reconstruction (CDR) is supervising $3.4 billion worth of public works, according to its Progress Report 2016.The value of all works, completed and underway, since 1992, is $8.7 billion.Works are divided…

Household spending is expected to grow at a compounded annual growth rate of 6.4 percent between 2016 and 2020, according to the Business Monitor International (BMI) report released this week. Total household spending is expected to…

The country’s government and entrepreneurs held this Monday, in São Paulo, a conference to encourage Brazil’s Lebanese community to consume Lebanese products, and visit and make investments in the Arab nation.Lebanon wants to mobilize the…

Around $85 million is required to complete three industrial cities planned by the Ministry of Industry for Baalbek, Tourbul-Qosaya, and Deir el Moukhaless-Jleiliyeh, according to a United Nations Industrial Development Organization (UNIDO)…

Bank deposits increased $6.6 billion in the first nine months of 2016. This is the highest growth in absolute value for corresponding periods since 2010. The value of additional deposits is 40 percent higher than during the same period last…

The Lebanese Ministry of Environment co-organized with the AUB’s Issam Fares Institute for Public Policy and International Affairs and UNDP a side event entitled: “Triangular climate action: harmonized efforts of businesses, NGOs and the…

Around 9.45 megawatts (MW) of solar photovoltaic (PV) systems were installed by the end of last year, according to the first Solar PV Status Report for Lebanon 2015.The study was conducted by the Small Decentralized Renewable Energy Power…

Remittances from expatriates to Lebanon are expected to increase slightly in 2016, according to the World Bank. In a report on capital inflows published Sunday, the World Bank projected that remittances from expatriates will reach $7.6…