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Lebanon Business News

Dedicated to economic and business news on Lebanon, managed by the team of Lebanon Opportunities.

Saida to reorganize 1.4 million square meter land. Investment estimated at $50 million

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Saida Municipality is working on a plan to partition and merge land measuring 1,400,000 m2 on the city’s eastern borders. Investment required for the project is estimated at $50 million.

“The land includes agricultural lots that were not bei….
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Norway funds ILO project to combat child labor.

The International Labor Organization (ILO) has launched a project to combat child labor among Syrian refugees. The Norwegian Ministry of Foreign Affairs has pledged $728,332 to fund the one-year project.

The project aims at preventing thousan….
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Tender for Sidon Hotel launched by Municipality. $20 million investment through BOT contract

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The Municipality of Saida will invite tenders to bid in the coming weeks for a Build Operate Transfer contract (BOT) of a hotel on Saida’s seafront.

The hotel will be constructed on a 60,000 square meter (m2) plot that is owned by the munic….
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Cement deliveries surge in first six months. Municipal elections fueled public works

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Cement deliveries totaled 2.5 million tons in the first half of the year, increasing by ten percent compared to the same period of 2015, according to Central Bank statistics.

Cement deliveries had dropped 18 percent in the first six months o….
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$200 million e-card injection by World Food Program. Refugees and shops to benefit

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The World Food Program (WFP) estimates that by the end of 2016 around $209 million will be pumped into electronic cards that are being used by refugees to buy provisions from minimarkets and supermarkets.

In the past six months, around $128 m….
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