Lebanon Business News

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

EU support to private sector development.

The European Union has launched a 15 million euro ($16.5 million) program to promote economic development and support small to medium enterprises (SMEs) to become more competitive.

The two target sectors are wood processing and agriculture. <….
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Factory for startups in electronic hardware. Three floors each catering to a specific function


The Innovation Factory Beirut, located in Mkalless, will be fully operational by January, 2017, according to Co-founder, Karim Attoui. Attoui said that the Factory is the first of its kind in the Middle East region.

Investment so far for the….
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Berytech Fund I exits three companies for $800,000. PayPlug, Active Identity, and Cook & Eat Lebanese


Berytech Fund I has exited three of its portfolio companies, PayPlug, Active Identity, and Cook & Eat Lebanese, at a combined price of nearly $800,000.

The venture capital fund said it divested itself from PayPlug at three times the initial i….
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Electronic controllers’ factory is set to expand in Jiyeh.

Security and Automation System (S&AS), a manufacturer of electronic controllers for elevators and diesel generators, is aiming to expand its facility in Jiyeh and build a test tower.

Ziad Boustani, General Manager, said that the expansion wi….
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IM Capital to launch mentorship with MIT. Program to benefit local qualified early-stage businesses

IM Capital announced the launch of a mentorship support program in collaboration with Massachusetts Institute of Technology (MIT). The launch date for the program is November 17.

“First we will select the founder mentors that will be traine….
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