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~~Economy~~

Mohamed Choucair elected
Chairman of Economic Bodies
Succeeding Adnan Kassar

Public entities to cut
spending by 20 percent
Wages and related costs are excluded

Inflation up
4.5 percent
Driven by commodity
prices, higher euro

Property sales
reach $10 billion
Better activity in Kesrouan, Zahle

McKinsey to help
set economic vision
Idiots and geniuses battling it out

Transshipment up
following two-year dip
Port of Beirut sees
stable revenues

Tourist tax free
spending is growing
Verdun is a growing destination

Unchaining Beirut
Central District
Public-private sectors unite
to revive commercial center

$22 billion in projects
were covered in 2017
Construction and real estate
activities represent 80 percent of total

Over 8 million
airport passengers
Increase in number of
tourists and destinations

Palestinian refugees
number 175,000
Census reveals 45
percent live in camps

$20 billion in 250 projects
coming next year near you!
Funds to be provided by private sector
and international monetary funds

Government pays $50 million
in arrears to contractors
Remaining $150 million
awaiting 2018 budget

Kesrouan to get
another highway
19-kilometer stretch will
link Dbayeh to Okaibeh

Property demand is up
total supply of units is down
Suburbs have the highest
number of units sold per project

Charles Arbid Chairman
of Economic Social Council
Will constitute a platform
for dialogue on economy

Beirut Chamber
sees stable exports
Value of goods per tonnage rose sharply

Olive oil exports
double in three years
Saudi Arabia and US top destinations

Lira is secured
by Central Bank capabilities
Riad Salameh: “There is no need to panic”

Exporters are penetrating
markets with quality
Potential is in added value industries
and markets comprising expatriates

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