NEWSLETTER
November 10 - 16, 2018
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Berytech to open in Amchit
Innovation center to open in Q1 2020
Berytech and Michel Issa Foundation (MIF) have launched ‘Berytech Amchit’, the first business innovation center outside Beirut.

Berytech Amchit will support area entrepreneurs in various fields including ICT, smart agri-food, renewable energy, ecotourism, and social entrepreneurs, said Maroun Chammas, Chairman and CEO of Berytech.

The Amchit location was selected for two major reasons. Ramy Boujawdeh, Berytech’s Deputy General Manager, said that the area has a high population and universities, and graduates have shown interest an
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BUSINESS
$200 million plan to expand mobile network
18-month plan will improve voice and data capabilities
Zahle to still have uninterrupted electricity
EDL transfers will cover production to year’s end
Industrial permits up by 45 percent
139 licenses for new establishments
FINANCE
Bank of Beirut buys Luxembourg bank
Assets of acquired bank total $291 million
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