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Business

Lebanon Opportunities
Awards for nine companies
Kassatly Chtaura is Company of the Year
Business

Tender launched for
electronic stock exchange
Follows delay in privatization
of Beirut Stock Exchange
Business

Eight consortia bid
for regasification units
Site will be in Selaata, Zahrani, or Deir Amar
Business

3 million passengers
at MEA in 2018
Company to sign codeshare
agreement with Turkish Airlines
Business

First animated film
made in Lebanon
Movie produced by
Beirut Cultural Festivals
Business

$200 million plan to
expand mobile network
18-month plan will improve
voice and data capabilities
Business

Zahle to still have
uninterrupted electricity
EDL transfers will cover
production to year’s end
Business

Industrial permits
up by 45 percent
139 licenses for new establishments
Business

Berytech to open
in Amchit
Innovation center to
open in Q1 2020
Business

79 illegal factories to close
due to license violations
72 additional companies issued warning
due to environmental violations
Business

Achour denies ownership
of Lycée Abdel Kader school
Beirut Municipality did not
issue demolition or sale permit
Business

Thyme exports
doubled in one year
Significant amounts heading to US
Business

Airbnb listings
skyrocket in Beirut
Occupancy rate for apartments
averaging around 55 percent
Business

Offshore company law
to allow single shareholders
Allows foreigners without work permit requirement
Business

Factory profit margin
average 15 percent net
Survey by Ministry of Industry
Business

Mövenpick Hotel sold
to local and Saudi investors
Deal upward of $125 million
Business

Medical innovation
for diabetes by Benta
More than $10 million allocated for R&D
Business

Exports to resume through
Syria-Jordan land borders
Nassib crossing now open.
It will reduce cost and save time
Business

European Bank launches
SME advisory program
EBRD seeking to buy private
equity mainly in renewable energy
Business

Alfa initiates E-waste
recycling project
Project to reduce environmental pollution
Business
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