News

Last year on April 20, the U.S. Ambassador to Lebanon Elizabeth Richard broke ground on the new U.S. Embassy compound in Lebanon.According to a press release by the U.S. Department of State, the state-of-the-art complex in Awkar will have…

Lebanon is hiring management consulting firm McKinsey & Co. to help restructure an economy that’s overly reliant on remittances and banking, and grappling with high unemployment, Economy and Trade Minister Raed Khoury said.The…

Italy has donated nearly $600,000 to the United Nations Industrial Development Organization to fund the development of industrial zones in Lebanon, a statement from UNIDO said Tuesday.“The industry minister asked for UNIDO’s support in…

Lebanon’s electricity sector was not saved in 2017, despite an emergency plan from the Ministry of Energy and Water (MoEW) endorsed by the cabinet earlier in the year. While the electricity needs for much of the country did not improve much…

The Ministry of Energy and Water (MoEW) is preparing to launch a bid for the generation of 300 megawatts (MW) of wind power next year, according to Pierre Khoury, Project Manager at the Lebanese Center for Energy Conservation (LCEC),…

World Bank delegation said it fully supports an infrastructure investment program being prepared for an upcoming conference on investment in Lebanon.A World Bank delegation Friday said it fully supports an infrastructure investment…

A mixed-use resort in Kaslik is being planned by Sam Elias, a Lebanese-Australian developer. Excavation for ‘Soul Beach Resort’ will start in July.The project is scheduled to be completed within three years.The project will be built on…

The government will launch a construction and restoration program including 250 infrastructure projects early next year.Investment in the projects will reach $16 billion.Around 25 percent of the funds will be provided by the private…

توّجه رئيس المجلس ألإغترابي اللبناني للأعمال الدكتور نسيب فوّاز برسالة إلى قائد الجيش اللبناني العماد جوزف عون جاء فيها: " يتشرف المجلس الإغترابي اللبناني للأعمال، أمانةً عامة وهيئة إدارية وهيئة عامة، بالتوّجه من مؤسسة الجيش اللبناني،…

The recently launched and highly successful advertising campaign for Byblos Bank’s Expatriate Housing Loan is yet more proof of how much the Bank prioritizes the needs of Lebanese expats. Planet Lebanon 2017 Magazine speaks to Elie Abou…