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~~Economy~~

Property recorded sales:
Numbers up, value down
26 percent growth for foreigners

Tourists tax-free
spending is up
Fashion and clothing top the list

19 taxes
legislated
Value Added Tax
raised to 11 percent

Salary scale
ratified by Parliament
Public employees working hours
extended, Saturdays are off

Customs plans
to modernize clearance
Electronic declaration,
faster inspection, better tariffs

Reclamation complete
at the Tripoli economic zone
Area ready for infrastructure works

Foreign Affairs Ministry
launches job creation project
Encourages Syrians to return home

Broken promises on
pledges for refugee aid
Only eight percent of required
funding has been received

Demand on logistic
companies flourishing
High tech systems and
expertise behind their success

More power supply
to be added this month
Plans to build Jiyeh plant with 500 MW capacities

$150 million aid to
improve health sector
World Bank and IDB funding the project

Huawei Lebanon
wins telecom contract
Work to start late August

$400 million from World Bank
for highways and education
500 kilometers will be restored in all regions

Treasury notes issued
to private hospitals
Arrears valued at $1.1 billion

Foreign investment rebound
up nine percent in 2016
Outflows rise 17 percent to $773 million

AUB ranks high
in global quality survey
First in the Arab World

Investment in digital
startups soars eightfold
Growth driven by Circular 331

DSL prices
slashed 60 percent
New fiber optic packages announced

InfoPro real estate indices:
more supply, lower prices
Small units most in demand

16 dumping complaints
from different sub-sectors
Protective measures being requested

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