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News
Itani highlights IDAL funding successes
Head of the Investment Development Authority of Lebanon Nabil Itani said Friday that 65 projects valued at over $1.9 billion have been awarded investment incentives since 2001.He added that these projects have provided about 10,000 direct…
Lebanon’s bank deposits up by $4.7bn: report
The financial results of the Lebanese banking sector saw growth in customer deposits and assets in the first six months of 2018 compared to the same period of last year, according to Bank Audi’s Lebanon Weekly Monitor.“Lebanon’s banking…
touch: the leading mobile operator in Lebanon
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…
IDAL FDI MONITOR 2018
IDAL FDI monitor generates a comprehensive quarterly report on Foreign Direct Investments FDI & local investments in Lebanon.Read more: …
The Story of Ecovillage of Bader Hassoun
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…
Lebanon: Tourist tax free spending up near ten percent this year
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…
Lebanon’s first wind farm on track
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…
BLOM Bank sees higher 2018 profit, hopeful on new govt
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…
R&M inks key Lebanon high-speed cabling contract
R&M (Reichle & De-Massari AG), a leading global producer of future-proof products and systems for communication and data networks, said it has been awarded a high-speed cabling contract by Lebanon’s largest mall ABC Verdun.ABC is…
Hotel and natural park on 130,000 m2 in Ain Saadeh
Forest Resort, a mixed-use touristic project in Ain Saade, has been launched by William Zard Group, a real estate company. Excavation for the project will begin in August. The project is scheduled to be completed within two years.The…