Lebanon Businessnews News
 
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

Phoenicia Hotel opens
again for the fourth time
Owners receive presidential insignia
Business

First supercomputer
is being brought online
Hosted by OGERO, and run
by CNRS and six universities
Business

Airport duty-free bid
won by current operator
Value is half the previous contract
when converted to fresh dollars
Business

Sales are
picking up
Increases in hospitality,
retail, and manufacturing
Business

Crisis has silver linings
says report on innovation
Prospects in fintech, e-commerce,
SaaS, digital marketing, and fashion
Business

Rifai opens
store in Paris
Expansion strategy
post-Merit acquisition
Business

Solidere posts
$21.5 million loss
Steep decline in land sales,
$8.2 billion property backlog
Business

Food exports grow by
50 percent since 2019
Mainly driven by fruit sales,
UAE is top export destination
Business

Toters raises $18 million
from IFC and other funds
Proceeds to finance Iraqi expansion
Business

$70 million tender soon
for second airport terminal
Project to create hundreds of jobs
Business

Phoenicia Hotel plans
partial reopening in July
Resumption of full operations in October
Business

Securite Assurance creates
products targeting brokers
Tool to build websites for selling policies
mobile app, and ‘TeleMedicine’ to access doctors
Business

Startup Myki acquired
by US-based JumpCloud
Founders and management
to remain post-acquisition
Business

LAU to open campus
and hospital in Baghdad
Part of major project
by Lebanese developer
Business

CMA CGM wins concession
of Beirut container terminal
400 new jobs, $33 million investment
Business
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