Liliane Mokbel 04/01 12:00 - Reading : less than a minute
62 stores are currently open and welcoming customers at the Beirut Souks Shopping Center. Seven of these opened in December 2024, and six more are expected to open in January. However, the total number of open stores is still just under half of the 140 originally planned for the end of 2024 – a target set before the two months of conflict.
Liliane Mokbel 2024-12-28 12:00 - Reading : less than a minute
Banks prices inflation crisis world bank
In Lebanon, prices in dollars rose by 4.9% between September 2019 and September 2024, according to the World Bank. Meanwhile, the Central Directorate of Statistics reports a staggering 5970% increase in prices in Lebanese pounds over the same period.
Liliane Mokbel 2024-12-21 12:00 - Reading : less than a minute
The Lebanese population is estimated at 5.77 million in 2023, up from 5.74 million in 2022 and 5.72 million in 2021, according to ESCWA. Lebanon's demographic trends reveal a steady growth rate since 1950, when the population stood at 1.35 million. By 2000, the population had reached 4.33 million, and by 2020, it had grown to 5.70 million. The ...
Liliane Mokbel 2024-12-14 12:00 - Reading : less than a minute
Hezbollah Israel damage reconstruction
The price of a meter of glass has surged to $80, up from $30 before the start of the conflict between Israel and Hezbollah. This price does not include the cost of labor for installation. Glaziers attribute the increase to a surge in demand, primarily driven by the reconstruction and repair of buildings and structures damaged by Israeli ...
Liliane Mokbel 2024-12-07 12:00 - Reading : less than a minute
The hotel occupancy rate in Beirut has fallen below 10%, while in other regions, it is approaching 0%, according to Pierre Achkar, president of the Union of Syndicates of Tourist Establishments in Lebanon. "Arab countries continue to boycott Lebanon, and European nations do not anticipate a swift return of their citizens. A mandatory waiting ...
Liliane Mokbel 2024-11-30 12:00 - Reading : less than a minute
According to Elie Kazzi, the President of the Syndicate of Used Car Importers, losses due to damage to imported vehicles during the war between Israel and Hezbollah are estimated at around $60 million. The sector remains particularly vulnerable, as many Lebanese are reluctant to buy used cars during periods of instability, especially since they ...
Liliane Mokbel 2024-11-23 12:00 - Reading : less than a minute
The Food and Agriculture Organization of the United Nations (FAO) reports that 70% of the Lebanese agricultural sector has been affected, both directly and indirectly. Thousands of hectares have been completely or nearly destroyed, and 65,000 olive trees have been fully burned due to white phosphorus bombings, which are prohibited under ...