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Economy

Fiscal deficit at $2.3 billion
2011 budget deficit down on higher revenues from Telecommunications
EconomyArchive

Industrial exports end year at $3.5 billion
Exports of industrial products up by seven percent in 2011, growth 74 percent slower than 2010
EconomyArchive

Office prices on the rise
Beirut offices rental fees are 22nd most expensive worldwide, second highest in MENA: report
EconomyArchive

Debt up in 2011
Net public debt hits $46.5 billion mark, up by 2.9 percent from 2010
EconomyArchive

Salim Jreissati new Labor Minister
Retired Judge loyal to FPM replaces Nahas as Minister of Labor
EconomyArchive

$60 billion debt mars budget plans
Minister of Finance warns against growing public debt, debt servicing costs
EconomyArchive

No more VAT on diesel
Parliament scraps VAT on red and green diesel, puts off vote on transportation drafts till March 5
EconomyArchive

Transportation decree signed
With his resignation now official Nahas slams political class and calls for a demonstration in front of Parliament
EconomyArchive

Labor elements complain to ILO
GCLU and economic bodies call for immediate resolution of transportation allowances
EconomyArchive

Hospitals demand higher tariffs
Cabinet has two weeks to raise hospitalization fees: Syndicate of Hospitals
EconomyArchive

Protecting Jabal Moussa
Ministry of Environment bans quarries in Jabal Moussa Biosphere Reserve
EconomyArchive

Suleiman welcomes Nahas resignation
Aoun delays sending the resignation to ensure the passing of Kanaan’s bill on transportation allowances in Parliament
EconomyArchive

Beirut properties at $3,223 per sqm
22 years of rent to buy a 150 sqm apartment in Beirut
EconomyArchive

Sluggish activity
Coincident Indicator sees 76 percent contraction in yearly growth
EconomyArchive

Plan to get power from Iran
Beirut signs protocol with Tehran to import energy through Iraq and Syria
EconomyArchive

Grow My Business kicks off
Competition to select best business development plan for trade enterprises
EconomyArchive

Upgrading Beirut Port
First phase of $128 million project to expand container terminal underway
EconomyArchive

HORECA 2012 in March
19th HORECA exhibition in BIEL, 90 percent of exhibition spaces booked
EconomyArchive

Farmers missing trade calendar
Association of Lebanese Farmers estimates 2011 losses at $100 million
EconomyArchive

Arab visitors are back
January sees 22 percent rise in Arab vacationers, total tourist number down by two percent y-o-y
EconomyArchive
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