Lebanon Businessnews News
 
Business

Toters raises $18 million
from IFC and other funds
Proceeds to finance Iraqi expansion
Business

$70 million tender soon
for second airport terminal
Project to create hundreds of jobs
Business

Phoenicia Hotel plans
partial reopening in July
Resumption of full operations in October
Business

Securite Assurance creates
products targeting brokers
Tool to build websites for selling policies
mobile app, and ‘TeleMedicine’ to access doctors
Business

Startup Myki acquired
by US-based JumpCloud
Founders and management
to remain post-acquisition
Business

LAU to open campus
and hospital in Baghdad
Part of major project
by Lebanese developer
Business

CMA CGM wins concession
of Beirut container terminal
400 new jobs, $33 million investment
Business

Philippe Jabre reacquires
Almaza, the family jewel
Heineken remains a shareholder
Business

L’Oréal assigns distributors
for consumer and pro lines
Reorganizes supply operations
Business

CMA CGM reopens
local headquarters
Eyeing port projects
To grow to 1,100 workers in 2022
Business

‘A Crazy Love’
New national slogan
Campaign launched by Ministry of Tourism
Business

10 to 12 hours of electricity
supply expected by year-end
Increase due to inputs from Iraq, Jordan, and Egypt
Business

$87 million deal signed
to develop Port of Tripoli
Project to be completed by mid-2024
Business

AUB branching to
Cyprus and Dubai
Main campus to remain in Beirut
Business

M1 Group acquires
Myanmar mobile network
Purchase price struck at a tenth of original value
Business

ENOC wins tender to
swap Iraqi oil for EDL fuel
One million tons to be replaced in one year by oil suitable for power plants
Business

Unsubsidized diesel oil
will become available
Deal between MEDCO, Beirut Traders, and Tourism Syndicates
Business

LIA Insurance
and Assurex merge
Combined premiums of $129 million in 2020
Business

One million vaccinated
infections are rising again
One fifth of the adult population has received two jabs
Business

Solidere’s profit drops
despite surge in land sales
Decline in rents and rise in provisions and other costs
Business
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