Lebanon Business News

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

Our population will shrink despite increasing longevity. The rich account for 40 percent of consumption


The population is enjoying a better life and spending more, according to a special report about changes in population and household living conditions, published in the September issue of Lebanon Opportunities.

An average of 1.7 children per w….
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Ramco wins tender for Beirut waste management.

A joint venture between local firm Ramco Trading and Contracting and Turkish firm Altas Temizlik, has won a tender for garbage collection, transport, and road sweeping operations in Beirut. The process requires Audit Bureau approval before it comes ….
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Power barge tender to be re-launched. Ellieh: If the tender is rejected, we will initiate a mutual agreement


The Cabinet has referred the terms of reference for two additional power barges to the Department of Tenders, for the second time. Both barges are required to have the capacity to produce 425 megawatts.

The Department of Tenders will re-laun….
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Designer outlet mall coming to Mazraat Yachouh. High-end brands to be offered


Centerfalls, a designer outlet mall, will open in October 2018 in Mazraat Yachouh in Metn.

The mall is owned by the development company SIDCOM, which was created especially for the Centerfalls project. The major shareholders are Joseph S….
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Hotel revenues up by 20 percent. Occupancy up by ten percent in summer


Revenue per available room (RevPAR) in Beirut is forecasted to increase by almost 20 percent this year, reaching $87, according to a survey conducted by Colliers International.

Occupancy rates are expected to reach 59 percent, up from an est….
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