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~~Business~~

Up to $240 million investment
in oil and gas in five years
Drilling to begin in block 4

License plates to
become electronic
Change to be completed
within a year

300 MW in wind power
to be tendered next year
Energy watchdog: Renewable
energy target to be exceeded

Hospitality consultant
Raja Nasri passes away
Instrumental in the creation
of several restaurant concepts

Subsidized housing loans
extended to place of origin
Total number of loans
to exceed 5,000 in 2017

It’s official!
An oil producing country
Total-led consortium awarded
contract. Next step is exploration

Mobile phones
regulation resurrected
Objective is to stop
contraband and counterfeits

Lancaster Eden Bay Hotel
will be ready in 2018
$100 million for 150 rooms

Five-star hotel slated
for Ramlet Al-Baida
Investment made by Hojeij Group Holding

Tender launched for
fiber optic network
$300 million national scale project

A $50 million entertainment
center to open in Saloumeh
Includes hotel, restaurants, and cinemas

Econet to merge
with Cablevision
Internet meets wireless television

800 MW power generation
tender rejected by ‘Shoura’
Ruling supports opinion
of Tenders Administration

Black Friday
had white results
Sales form at least ten
percent of annual turnover

Soliver glass factory
will reopen next year
$32 million investment
to upgrade machines

Marlboro to be
produced locally
Total production output will double

Newly registered firms
up 62 percent in a decade
The majority are proprietorship

Local TSC supermarket
bankrupt and out of business
Fails to attract three suitors

42 companies bid
for solar energy farms
12 companies will be selected

Industrial zone
at Nahr Ibrahim
$100 million to equip
industrial lands and facilities

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