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Diaspora flocks to Beirut to reclaim nationality

President Michel Aoun and Prime Minister Saad Hariri signed a decree Thursday in front of an audience of over 1,000 members of the Lebanese diaspora with the aim of encouraging them to reclaim their Lebanese citizenship. The decree was…

BLOM PMI improves to 47.5 points in April

Activities of the Lebanese private companies showed signs of improvement in April 2017 although the contraction was still high, according to BLOM PMI Thursday.“The contraction of overall business activity at Lebanon’s private sector…

MEA to acquire 10 Airbus planes as of 2019

Middle East Airlines is expected to receive 10 new Airbus 321 planes as of 2019 to beef up its current fleet, the chairman of the national carrier Mohamad al-Hout said Thursday.“The first five Airbus planes will be delivered to us in 2019…

Mineral water factory to open in Baalbek area

Investor Abdel Wahab Charif will open a factory for mineral water in Yammouneh, Baalbek. Construction work will be launched this summer and operations will begin early 2018.The factory will be built on land measuring 20,000 square meters…