Beirut Islamic Financial Institutions Forum

On the local scene, the Islamic banking sector was introduced to Lebanon 15 years ago but in just six short years, since its establishment in 2004, Arab Finance House (AFH) was able to reach the top position amongst Lebanese Islamic financial institutions and to obtain more than 60% of the market share.

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Add comment October 31, 2010

National union holds protest against price rises

The national union of laborers association in Lebanon held a protest against the hike in prices across the country on Sunday. The protest was joined by representatives from different economic sectors in Lebanon including head of the national union Castro Abdallah, who gave a speech criticizing Lebanese authorities for not taking proper action against the constant increase in prices.
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Add comment October 25, 2010

Investment Incentives

A market-oriented economy, a secure business environment, a wide access to Middle East markets and a highly-skilled work force all are combined in Lebanon to provide investors with the best environment for their businesses to flourish. Investment in Lebanon offers unique opportunities to leverage promising niche markets in tourism, agriculture, industry, agro-industry and IT / technology / telecommunication / media.

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Add comment October 21, 2010

Lebanon capital inflows down by 8.1 percent

Capital inflows into Lebanon reached $11.9 billion in the first eight months of 2010, down by 8.1 percent relative to the same period of 2009, but still managed to more than fully cover Lebanon’s structural deficit, thereby resulting in a balance of payments surplus in the said period.
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Add comment October 18, 2010

Top 10 Reasons to Invest in Lebanon

Strategic Location
Lebanon’s central location at the intersection of Europe, Asia, and Africa makes it a regional and international business hub with global market access.

Free Market Economy
Lebanon’s free-market economy and laissez-faire commercial tradition welcome foreign investment with no restrictions on payments and transfers.

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2 comments October 15, 2010

Lebanon’s Challenge is sustaining the growth momentum, report

Lebanon’s economy is booming. But to sustain the current growth spell and translate economic expansion into jobs and broader social gains, the country must strengthen public finances, upgrade its infrastructure, and improve the business environment, say IMF economists.

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Add comment October 13, 2010

IMF: Lebanon, Remarkable financial performance in face of global recession

Lebanon’s economy has largely escaped the impact of the global crisis and performed remarkably well, reflecting a more stable political environment and prudent macroeconomic management, reports Global Arab Network according to the International Monetary Fund  (IMF) publication.

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Add comment October 11, 2010

Salameh: Real estate boom can’t continue at same pace

Central Bank governor Riad Salameh said the real estate boom which Lebanon experienced over the past two years cannot continue in the same pace.

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Add comment October 8, 2010

Analysis:Top five environmental threats in Lebanon

Lebanon faces a number of environmental threats, including air and water pollution, risks associated with climate change, and the impact of the 2006 war with Israel. IRIN takes a look at the top five.

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Add comment October 6, 2010

Lebanon welcomes Iranian investment in energy, water sectors

Tehran — Lebanese Energy and Water Minister Jamil Bassil welcomed Iranian investment in various sectors of his country.  Talking to reporters after a meeting with Iran’s Energy Minister Majid Namjoo, he said that Iran is determined to help solve Lebanon’s problems in the field of energy.

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Add comment October 4, 2010

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