Charity hospital will open in Deir Al-Ahmar. . News from Lebanon

The Maronite Diocese of Baalbek–Deir Al-Ahmar will open Charity Hospital in Deir Al Ahmar in early 2019.

The total built-up area of the hospital will be 11,000 square meters (m2). It will include 89 beds, along with an emergency care unit, l….
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Online platform to market industrial goods abroad. . News from Lebanon

Orient Swiss Lebanon, a recently established company owned by Bachir Abi Khalil, recently launched an online trading gateway that helps manufacturers market their products in the Silk Road countries.

Orient Swiss Lebanon is a subsidiary of O….
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Tech startups grow three-folds. ArabNet survey ranks country second in the MENA region. News from Lebanon

The country still ranks in second place in the MENA region behind the United Arab Emirates (UAE) in terms of number of startups and value of investments. The number of startups witnessed a more than three-fold increase from 11 to 37 companies betwee….
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Foreign currency reserves back at over $43 billion. Inflows have topped outflows since December. News from Lebanon

The Central Bank’s foreign-currency reserves rebounded following the Prime Minister’s withdrawal of his resignation in early December and they are now back at more than $43 billion, said Riad Salameh, Governor of Banque du Liban (BDL), according to ….
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Ministry of Telecom launches ICT fund. MIC Ventures will invest in technology and services. News from Lebanon

The Ministry of Telecommunication (MoT) launched MIC Ventures, a $48 million fund, to invest in and empower the ICT sector and related services startups.

Jamal El Jarrah, Minister of Telecommunications, said that MoT will not only offer finan….
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