Lebanon eager to award first offshore contracts

Lebanon, a country that unlike many of its neighbors has faced high energy prices for a generation, wants to become a natural gas exporter by the end of this decade. To realize its ambition, the government will need to take on the new role…

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)…