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Salameh: Lebanese pound and Monetary conditions are stable
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…
World Bank: $400 Million to Create Jobs in Lebanon
The World Bank Group has approved a new US$400 million project to support Lebanon’s quest to expand nationwide employment opportunities, which have been severely impacted by the influx of Syrian refugees and the recent low growth trend of…
IDAL increases financial incentives to exporters
The Investment Development Authority in Lebanon (IDAL) has increased the financial incentives of its Agri-Plus program. The program supports agricultural and industrial exporters.
IDAL increased the subsidies by 15 percent. It also…
Can Lebanon’s next government rise to the economic challenge?
After Lebanon’s first parliamentary election in nine years, the dire economic situation and unsustainable public debt levels are top priorities for the next government.
Before the May 6 vote, leaders from across the deeply divided political…
$11.8 billion promised at the Paris CEDRE conference
The CEDRE donor conference has resulted in $11.8 billion in pledges of financial assistance, out of which $11 billion are in soft loans. There were 51 countries represented at the conference in addition to international donor institutions.…
$295 million for Lebanon’s rapid transport
The World Bank has approved a $295 million package to overhaul the transport sector.
The Greater Beirut Public Transport Project (GBPTP) is expected to ease congestions on roads and unlock private finance in the infrastructure sector.
The…
Lebanon announces $16 billion infrastructure plan
The Lebanese government is to present an infrastructure modernisation plan worth 16 billion dollars at the upcoming international conference to discuss economic support to Lebanon, which is scheduled to take place in Paris in April. The…
Byblos Bank – Expat Housing Loan – There’s no Home like a Home in Lebanon!
Byblos Bank is eager to build bridges with Lebanese expatriates around the world, and to make it happen they provide customized solutions that answer your needs.
https://www.youtube.com/watch?v=j5BXvLXWFtc
Eligibility
Lebanese citizen…
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…
Lebanese startups attract 37 investments totaling $56 million in 2016
Figures released by ArabNet, a hub for Arab digital professionals and entrepreneurs, show that investment funds based in the Middle East & North Africa (MENA) region made 37 investments in technology startups in Lebanon for a total…