French, Lebanese companies in dairy products deal
Dairy products in Lebanon will see a new chapter in a collaboration between France and Lebanon’s dairy giants, whereby Lactalis has acquired majority stake of Hanilor, the latter being the “Lebanese distribution company”.
Recently, the...
Tatiana Weber on Egypt: “Education is the top priority”
ByTheEast: According to a report published by the World Economic Forum, Egypt’s economy ranks 11th in the Middle East. How can you explain this bad ranking?
Weber: In the 2017-2018 Global Competitiveness Index published by...
Environmental technology gains focus
Environmental
technology has received shot in the arm following the signing
of a $100 million financing deal between the European Bank for
Reconstruction and Development (EBRD) with Lebanon's Bank Audi. The
development marks the second
such investment...
Majid Al Futtaim Group’s ‘$2 billion’ investment in Lebanon
Amid the economic turmoils of Lebanon, foreign investors like Majid Al Futtaim Group, continue to eye Lebanon’s opportunities. As a result, the group is going to ramp up its Lebanese investments to “$2 billion...
Turkey renovates Lebanon railway on Hejaz rail line
Tripoli’s Lebanon railway to get a renovated look. The train station is located on Hejaz Railway and was build sometimes between the year “1900 and 1908” by Ottoman Sultan Abdulhamid II.
The Mina Lebanon...
Sidon and other Lebanese cities enjoy tourism boom
Sidon is almost a six thousand year old city in Lebanon which reaped benefit this summer from the international tourism boom, whereby tourists flocked to the city rich with its historical links. The National...
Guilherme Casarões on Brazil: “Trade relationships with the Middle East are not easy”
ByTheEast: Brazil was a net importer of agricultural products in the 1970s. It now ranks among the world’s five largest agricultural producers and exporters. Can it overtake the others?
Guilherme Casarões: Brazil has come a...
France lends helping hand in rebuilding Lebanon
In a development that underscores France’s commitment towards rebuilding Lebanon, Organized by Business France, a French national agency entered into a collaboration with Mouvement des Entreprises et Représentations Economiques Françaises au Liban (MEREF) so...
Syrian markets, an opportunity for Lebanese construction material sector
Lebanese construction material sector is facing 40% reduction in demand for their product. The said sector is going through a struggle, said the exhibitors of “Project Lebanon 2018”, which ended on Friday.
Rousse Trading is...
Economic cooperation boosts Lebanon-Saudi ties
Economic cooperation between Lebanon and Saudi Arabia are set to take-off. More than twenty agreements are set to be signed by both companies following the formation of a new government, said Walid Al-Bukhari, charge...