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SUBMIT NEWS

~~Business~~

Exploration plan for
oil and gas approved
Activities, roadmap, and locations have been set

540 MW Deir Ammar plant
turned into a BOT agreement
Will be operational in two years

13 consortiums prequalified
for regasification units
Each may cost up to $400 million

42 bidders for
wind generation tender
Siemens and General Electric expressed interest

Privatization Council assigns
international tender advisors
$4 billion projects in airport,
highway, and data centers

Second oil licensing
round by year end
Good appetite from international companies

Private industrial zone
to be developed in Shouf
To include agro-industrial enterprises and agricultural lands

Ramco picking up
Beirut trash as of May
Treatment of refuse coming up next

Restaurant cluster
opens in Hazmieh
First project by AHAS Group

Medical insurance
now guaranteed for life
Decision expected to boost demand

15 more planes
and HQ for MEA
Wi-Fi to become available in-flight

Restaurant cluster project
planned in Ramlet el Bayda
Project is joint venture between Venture Group and Khalil family

First-time representation
at La Biennale Architettura
Historical photographs at a pavilion in Venice

Régie lost half its
sales due to smuggling
$200 million annual losses from illicit cigarettes

Three companies licensed
to supply fiber to the home
Contract replaces agreement suspended by the State Council

Generics represent half of
the pharmaceutical market
Imports surged five percent

Tender launched for three
solar and hydro farms
$1.6 billion in upcoming private investments in renewable energy

BML Istisharat sold
to UAE-based fund
Management to remain mostly unchanged

Fruit juice industry
stands at $150 million
Three main players dominate the market

Beirut Chamber
expands to Jounieh
To host economic activities
and facilitate operations

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