Cabym's Weblog

the Reference blog for financial investment in Lebanon

Archive for Investment

Alpha banks see 20 percent profit rise in first nine months

Alpha banks see 20 percent profit rise in first nine monthsFinancial indicators of the top 12 banks operating in Lebanon showed moderate growth in activity in the first nine months of 2010, Bank Audi’s Lebanon Weekly Monitor, citing the alpha report issued by Bankdata Financial Services, reported.
The report stated that loans registered a substantial growth over the aforementioned period of this year, supporting earning growth in a period that witnessed relatively tough operating conditions.
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Investment Incentives

A market-oriented economy, a secure business environment, a wide access to Middle East markets and a highly-skilled work force all are combined in Lebanon to provide investors with the best environment for their businesses to flourish. Investment in Lebanon offers unique opportunities to leverage promising niche markets in tourism, agriculture, industry, agro-industry and IT / technology / telecommunication / media.

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Top 10 Reasons to Invest in Lebanon

Strategic Location
Lebanon’s central location at the intersection of Europe, Asia, and Africa makes it a regional and international business hub with global market access.

Free Market Economy
Lebanon’s free-market economy and laissez-faire commercial tradition welcome foreign investment with no restrictions on payments and transfers.

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Lebanon welcomes Iranian investment in energy, water sectors

Tehran — Lebanese Energy and Water Minister Jamil Bassil welcomed Iranian investment in various sectors of his country.  Talking to reporters after a meeting with Iran’s Energy Minister Majid Namjoo, he said that Iran is determined to help solve Lebanon’s problems in the field of energy.

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Euroconvention Organizes Lebanon Business and Investment Summit

Global Arab Network (GAN) has partnered with Euroconvention for The Lebanon Business and Investment Summit 2010 in Beirut – Mövenpick Hotel & Resort  on 27 & 28th September.
The following is an invitation letter from the organizers:

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Banks association signs agriculture loan deal

The Lebanese Banks Association signed on Wednesday a memorandum of understanding with the Agriculture Ministry to provide investors in the agriculture sector with soft loans ranging from LL3 million ($2,000) to LL25 million to finance small and medium enterprises (SMEs) for a four-year period at low interest rates.

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How to invest in Lebanon?

Lebanon has traditionally been a country open to foreign direct investment. Over the last three years, the GOL passed several laws and decrees to encourage investment. There is no specific legislation on foreign investments, but all aspects of setting up a business are governed by the Lebanese Commercial Code and Regulations and the Investment Development law n°360 of 16 August 2001.

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