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SUBMIT NEWS

~~Business~~

Banks to resume
operations Tuesday
Move comes after employees
decide to end one-week strike

Industrialists are demanding
unambiguous monetary policies
Gemayel: Banks have contributed
to the loss of confidence

Government to pay 5 percent
on extra industrial exports
New decree replaces a decision to pay
manufacturers three percent on all exports

Insurance profits
grow by 14 percent
$5 billion in total assets

$800 million invested
in hospital expansions
1,000 beds will be added

Industrial companies
announce 4,000 job vacancies
Demand for technical jobs is high

Retail sales
up 5.5 percent
Hospitality services rose 45 percent

Increase in ceiling for
industry subsidized loans
Interest rate set at 4.8 percent

Occupied hotel nights
reached 2.6 million last year
Lebanese tourists topped the list of guests

Tanmia to open
poultry farm in Egypt
$90 million project to meet
the increasing demand for chicken meat

LAU Medical Center
to manage St. John Hospital
To include 40 beds

Over 300 new
real estate projects
Mazraa the best performing region

Green industrial
incubator opened in Roumieh
Project capable for 40 green
start-ups and small enterprises

Jounieh Highway
expansion starting
The project will finish in 30 months

Restaurateurs’ eyes
are on Mina El Hosn
Ten restaurants opened
recently and more to come

Industrial raw materials
exempted from Customs hike
Council of Ministers needs
to approve list of exempted products

Airport fees increase on
business, first class travel
Fees down on long haul private jet trips

Medical Center
planned for Hadath
161-beds to meet large demand in the area

Drydock and shipyard
being built in Akkar
$75 million project also includes a fishing farm

Beach club coming
to Beirut waterfront in 2020
Project to include a pool, lounge, and restaurant

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