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Lebanon Business News

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

French loan for educational facilities.

A loan agreement with the Agence Française de Développement (AFD) for the construction of the Higher Institute for Applied and Economic Sciences (CNAM) and a training center for teachers (Dar al Moallem) has been approved.

The l….
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Batroun mall in Kfaraabida next year. Includes 190 rented stores, as well as rooftop restaurants

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Abi Daher Group is developing a covered mini-mall on the coastal road near Kfaraabida, two kilometers south of Batroun. The mall will occupy an 8,500 square meter (m2) plot.

The mall is already under construction and is expected to be deliver….
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Bank assets four times GDP. Deposits up seven percent, loans three percent

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The consolidated balance sheet of commercial banks shows that total assets reached $204 billion at the end of 2016, up ten percent compared to the year before. This is almost four times GDP.

Amine Awad, Advisor to the Chairman of BLOM Bank, ….
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Hussein Hadid partners in home-cooking diner concept. Par Contre looks to the Gulf for franchising

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Par Contre, owner of the food and beverage (F&B) brands BRGR.CO, PZZA.CO, and DELI.CO, will open a home-cooking concept. The concept will be in partnership with renowned chef Hussein Hadid, who is also a shareholder of Par Contre.

Located in….
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The $1 billion pharma market keeps on growing. Local products represent 21 percent of those registered

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The pharmaceutical market increased four percent last year reaching $1.1 billion compared to 2015, according to the Lebanese Pharmaceuticals Importers Association (LPIA).

The unit of measurement of pharmaceutical market is the Net Selling Pri….
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