Lebanon Businessnews News
 
Business

Mall owned by Habtoor
will reopen in Sin El Fil
To be run by new operator
First year will be rent-free
Business

Green electricity made
available to consumers
Certificate program promoted
by LCEC, UNDP, EU and IREC
Business

CMA CGM subsidiaries win
tender to run postal service
Company operating LibanPost
didn't bid, exits after 25 years
Business

Airport terminal
contract annulled
Cancellation comes in response
to public outrage citing law violation
Business

Freight at Port of Tripoli
jumps 53 percent in 2022
Imports surge 44 percent to $2 billion
Business

Building permits surge
by 68 percent in Beirut
Numbers mainly stable
or slightly lower elsewhere
Business

Second airport terminal
will be built in four years
To handle 3.5 million
additional passengers
Business

Drilling for gas in Block 9
is set to start next autumn
Cost to Total of first well estimated at $113 million
Business

Hotel occupancy rate
near 50 percent in Beirut
Growth in average room rate and revenue
Business

Containers at Port of Beirut
increase by almost 20 percent
Handled cargo rose nine percent
Business

Eight oil&gas blocks
are ready for bidding
Second licensing round
extended to June 2023
Business

Advertising sector
starts a shy recovery
Market valued at $24 million
Business

QatarEnergy officially joins
gas exploration consortium
The company acquires a 30 percent stake
Business

Kassatly Group
sets up Cyprus plant
Company expanding abroad and locally
Business

Private sector to
operate public buses
Tender to select company is being readied
Business

New subsea international
telecom cable with Cyprus
CADMOS-2 to be operational by the end of 2024
Business

Hilton Metropolitan Palace
slated to reopen in December
Expats and foreign guests
expected in holiday season
Business

Mikati’s M1 to buy largest
Afghanistan mobile operator
Seller is South Africa’s MTN Group
Business

Airport duty-free tender
annulled after being awarded
To be relaunched with pricing in dollar
Business

Daher Group acquires
Zara owner’s Russian unit
Brand could return to market
via franchise deal with buyer
Business
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