Lebanon
Content
Lebanon
Factual Figures .............................................................................................................. 2
Overview ........................................................................................................................... 2
Tourism .............................................................................................................................. 2
Economy ............................................................................................................................ 3
Financial Sector ............................................................................................................. 3
Insurance Market ......................................................................................................... 4
Agricultural Sector ...................................................................................................... 4
Energy Sector ................................................................................................................. 4
IT Sector ............................................................................................................................ 5
UK-Lebanon Links ........................................................................................................ 5
Useful Contacts
Ministries ............................................................................................................ 5
Embassies ........................................................................................................... 6
Chambers of Commerce ............................................................................. 6
Other Business Links ................................................................................... 7
1
Factual Figures
Official Name:
Capital:
Land Area:
Population:
Official Language:
Currency:
GDP Growth:
Main Industries:
Exports:
Imports:
Republic of Lebanon
Beirut
10,452 km2
4,143,101 (July 2011 est)
Arabic with both English and French widely spoken
Lebanese Lira (LL)
6.9% (2009)
Banking, tourism, food processing, wine, jewellery, cement,
textiles, mineral and chemical products, wood and furniture
products, oil refining, metal fabricating
Jewellery, base metals, chemicals, miscellaneous consumer
goods, fruit and vegetables, tobacco, construction minerals,
electric power machinery and switchgear, textile fibres,
paper
Petroleum products, cars, medicinal products, clothing, meat
and live animals, consumer goods, paper, textile fabrics,
tobacco, electrical machinery and equipment and chemicals
Overview
Lebanon gained its independence from France in 1943 and developed into one of
the Middle East's most advanced economies. It has long been a convergence
point of trade routes and meeting place for a wide variety of peoples, which is the
basis of the rich and diverse national culture that exists in the country today. It is
a regional and international hub for trade, finance, services, industry, culture and
tourism. At the centre of the Eastern Mediterranean, Lebanon is at the crossroads
of Africa, Asia and Europe. It enjoys a rich variety of climates and ecosystems.
As a trading and international banking centre despite its small territory, Lebanon
was long known as "the Switzerland of the Middle East" until its disastrous 1975–
1990 civil war and protracted conflict which seriously damaged the infrastructure
and economic performance. Since the 1990s, successive governments have
invested heavily in selected, high-quality infrastructure projects. As a result,
Lebanon has a number of good main roads, a large, new international airport and
two modern, reliable mobile-phone networks. However, these projects have
tended to be focused in and around Beirut, with less activity in outlying areas.
Lebanon is still undergoing post-war reconstruction following the 2006 conflict
and its long-term growth potential has been constrained by political uncertainties.
Tourism
Tourism, the country’s major economic activity and foreign exchange earner, was
hit severely by the recent crises. However, efforts are now being made to
reposition Lebanon on the international tourism map. The Ministry of Tourism is
continuing with projects to promote Lebanon providing electronic services and
information, participating in world exhibitions, and targeting selected new
markets. Lebanon’s policy to promote tourism has been intensified as a result of
security and political issues in the region, according to Tourism Minister Fadi
Abboud, who also hoped for a “special summer season” in 2011. Earlier in the
year, the International Monetary Fund reported that the number of airport
passengers (arrivals, departures, transit) totalled 1,024,664 in the first quarter of
2011, marking a 4.5 percent decline from 2010. The number of flights also
2
declined by 1.3 percent year-on-year, while Beirut hotels saw a sharp fall in
visitor numbers, averaging 43 percent in terms of occupancy rates in the first two
months of 2011, compared to 73 percent during the same period last year, the
IMF said. Lebanon has been in discussions with neighbouring Syria, Jordan and
Turkey to create a Schengen-style visa to enable people to travel to any of the
four countries without the need to obtain separate visas for each country.
Economy
The Economist Intelligence Unit (EIU) forecast for the five years 2010-14 reveals
that fiscal reform is needed to reduce the large public debt stock, as the costs of
debt servicing weigh heavily on the budget. The substantial current-account
deficit is forecast to narrow (as services revenue rebounds) to 19.8 percent of
GDP in 2010 and to 13.8 percent of GDP in 2011. Economic growth will depend
on perceptions of political stability in the country. Private consumption growth will
be slower than in 2007-10, and investment, particularly in homes and
construction, will fall back. The EIU forecast for real GDP growth in 2011 to 4.6
percent, from an estimated 7.5 percent in 2010. Businesses will also be less likely
to invest in expanding their operations as they will risk not only lower sales but
damage to property. The EIU forecast expects that the services sector will
continue to be the main driver of private-sector growth.
Inflation, after dropping sharply in 2009, because of lower world commodity
prices, inflation rose to an average of 4 percent in 2010, picking up towards the
end of the year as global oil and commodity prices rose. In 2011-12 inflation is
forecast to rise to an annual average of 5.3 percent as international commodity
prices, particularly for oil and food, increase significantly.
Investment policies, liberal economic environment and active entrepreneurial
private sector are the country’s distinguishing features. Investors can benefit
from a sophisticated legal framework, which protects the rights and assets of
both Lebanese and foreign investors. Lebanon is now a prime destination for
foreign investment. It offers a free foreign exchange market, full currency
convertibility, complete repatriation of capital and a regulated banking secrecy
law. With a 15 percent corporate tax rate, fiscal charges are among the lowest in
the world. Lebanon’s principal asset is the competence of its well-educated, multilingual and multi-skilled workforce.
Lebanon's most important area of economic activity has historically been
services, which in 2010 accounted for an estimated three-quarters of nominal
GDP. The capital, Beirut, remains a significant regional banking centre.
Financial Sector
Lebanon's financial sector, one of the region's most sophisticated, offers a wide
range of services and products. Its banking sector, since the 1990s, has been
playing a significant role in the recovery of the economy. By most measures,
Lebanon's banks are is a solid position, enjoying high levels of deposits and a
strong flow of inbound capital while operating in an economy that expanded
rapidly last year and is expected to do so again in 2011.
Lebanon enjoys a free foreign exchange market, full currency convertibility,
complete repatriation of capital and a regulated banking secrecy law. These
privileges make Lebanon a prime destination for foreign investment and tourism.
Investors can benefit from a sophisticated legal framework, which protects the
rights and assets of both Lebanese and non-Lebanese investors.
3
There are 69 banks registered at the National Bank of Lebanon/Banque du Liban,
with 62 active commercial banks and 12 specialized banks. Banking currently
employs more than 17,660 individuals in 872 branches conveniently spread
throughout the country, and manages the equivalent of $90 billion in assets
nation-wide.
Foreign representation is important either in the form of a foreign bank
maintaining branches in Lebanon (11 banks) or equity stakes in several local
banks. Sixteen foreign banks have also a representation office in Lebanon.
Foreign representation is significant, whether through foreign banks maintaining
their branches in Lebanon or equity stakes in several local banks. At the same
time, Lebanese banks have expanded abroad, particularly in Syria, Jordan and
France. Today, there are eighteen Lebanese banks active in one way or another
in sixteen foreign countries.
Insurance Market
The Lebanese insurance market has always been open and liberal, in line with
Lebanon's free market economy. Private insurers have historically been the only
players in the local market and the state has never nationalized or expropriated
an insurance firm. Additionally, the Lebanese state never owned insurers and
private companies did not have to compete with state entities or worry about
government monopolies, as is the case in many other Arab countries.
Agricultural Sector
The agricultural sector remains an important source of employment, most rural
holdings are small, economically inefficient and rented by subsistence farmers—
so agriculture accounts for only around 5% of nominal GDP in 2010. The
country's most precious natural resource—vast forests of cedar—was exhausted
in ancient times, and today, the main focus of the primary sector is quarrying for
the cement industry. Lebanon’s industrial sector is also small, partly because the
domestic market shows a preference for imported goods. Among the sector's
most significant exports are processed food and jewellery—with the latter
showing strong growth in recent years.
Energy Sector
The country’s energy sector depends almost entirely on external energy sources,
in particular for oil products. Growing energy needs may impact increasingly on
the high energy import bill and thus on the country’s economy. It could develop
towards a transit country, including to the benefit of secure energy supply to the
European Union. Gas pipelines are under development and will bring Egyptian and
Syrian gas to the region and possibly further to the EU. Lebanon participates in
the Euro-Mashreq Gas Market project that aims to reform and modernise the gas
industry in Egypt, Jordan, Lebanon and Syria, and achieve the progressive
integration of their gas markets with a view to integration with the EU internal
gas market.
Rehabilitation of energy infrastructure requires significant investments.
Development of the oil sector, including the viability of the operation of a
refinery, is under study. Lebanon aims to increase the share of renewable energy
sources such as hydro, solar and wind in the country’s energy balance to as high
as 10% by 2015.
4
IT Sector
The total size of the IT market in Lebanon in 2011 has been forecast at $321
million, which is a significant increase on the nearly $287mn recorded in 2010. A
report from Business Monitor International indicated an overall expansion of
around 11.8 percent in the country’s IT market, which is set to benefit from a
massive investment in telecoms infrastructure, aimed at significantly improving
the country’s broadband facilities. Licenses were last year granted to five
international companies to establish contact centres in the country and the
growth should generate opportunities for IT vendors. Over the next five years,
BMI also forecasts that Lebanon’s telecoms infrastructure is set to receive
significant investment estimated at $500mn.
UK-Lebanon Trade
Trade relations with EU member states, including the UK, are governed by an
Association Agreement in force since April 2006. Lebanon is the UK's first largest
trading partner in the Levant region and its 8th trading partner in the whole
Middle East. It is the UK's 58th largest market overall. The UK is currently the
12th largest exporter to Lebanon, with UK exports valued over £500m in 2010,
according to official UK figures. Although the country has not been a traditional
market for UK exports, the performance improved following the involvement of
UK companies in the country's reconstruction. In addition, a privatisation
programme is planned, notably in power, water, telecommunications and
aviation. The country welcomes UK involvement in its reconstruction programme.
Useful Contacts
MINISTRIES
Prime Minister:
Deputy Prime Minister:
Mr. Mohammad Najib Mikati
Mr. Samir Moqbel
Ministry of Agriculture
Minister: Dr. Hussein Al hajj Hassan
Website: www.agriculture.gov.lb
Ministry of Culture
Minister: Mr. Gaby Layoun
Website: www.culture.gov.lb
Ministry of the Displaced
Minister: Mr. Alaeddine Terro
Website: www.ministryofdisplaced.gov.lb
Ministry of Economy and Trade
Minister: Mr. Nicolas Nahhas
Website: www.economy.gov.lb
Ministry of Education and Higher Education
Minister: Mr. Hassan Diab
Website: www.higher-edu.gov.lb
Ministry of Energy and Water
Minister: Mr. Gebran Bassil
Website: www.energyandwater.gov.lb
Ministry of Environment
Minister: Mr. Nazem Al-Khoury
Website: www.moe.gov.lb
Ministry of Finance
Minister: Mr. Mohammad A. Safadi
Website: www.finance.gov.lb
Ministry of Foreign Affairs and Emigrants
Minister: Mr. Adnan Mansour
Website: www.emigrants.gov.lb
www.foreign.gov.lb
Ministry of Industry
Minister: Mr. Freije Sabounjian
Website: www.industry.gov.lb
Ministry of Information
Minister: Mr. Walid Daouq
Website: www.ministryinfo.gov.lb
Ministry of Interior and Municipalities
Minister: Mr. Marwan Charbel
Website: www.moim.gov.lb
5
Ministry of Justice
Minister: Mr. Shakib Qortbawi
Website: www.justice.gov.lb
Ministry of Labour
Minister: Mr. Charbel Nahhas
Website: www.labor.gov.lb
Ministry of National Defence
Minister: Mr. Fayez Ghosn
Website: www.lebarmy.gov.lb
Ministry of Post and Telecommunications
Minister: Mr. Nicolas Sahnaouie
Website: www.mpt.gov.lb
Ministry of Public Health
Minister: Mr. Ali Hassan Khalil
Website: www.moph.gov.lb
Ministry of Public Works and Transport
Minister: Mr. Ghazi Al Aridi
Website: www.public-works.gov.lb
Ministry of Social Affairs
Minister: Mr. Wael Abu Faour
Website: www.socialaffairs.gov.lb
Ministry of Tourism
Minister: Mr. Fadi Abboud
Website: www.destinationlebanon.gov.lb
Ministry of Youth and Sports
Minister: Mr. Faisal Karami
Website: www.minijes.gov.lb
EMBASSIES
⋅
British Embassy
Chancery 8th Street
Rabieh, Beirut
Tel:
00 961 4 417007/403640/405070/412132
Fax:
00 961 4 402032/715904
Email:
[email protected]
Website:
www.britishembassy.org.lb
⋅
UKTI London
Paul Bathgate
UK Trade & Investment Middle East Team
Tel:
+ 44 (0) 7215 4246
Email:
[email protected]
⋅
Lebanese Embassy
21 Palace Garden Mews
London,
W8 4RA
Tel:
(020) 7229 7265
Fax:
(020) 7243 1699
Email:
[email protected]
⋅
UK in Lebanon
Website:
ukinlebanon.fco.gov.uk/en
CHAMBERS OF COMMERCE
⋅
Chamber of Commerce, Industry and Agriculture of Beirut and Mount
Lebanon
Beirut Sanayeh,
Justinien Street,
CCIABML building
P.O.Box 11/1801
Beirut, Lebanon
6
Tel :
Fax :
Email:
Website:
⋅
+961 135 3390/1/2/3/4
+961 135 3395
[email protected]
[email protected]
www.ccib.org.lb
Chamber of Commerce, Industry and Agriculture in Sidon and South
Lebanon
CCI Bldg.
Boulevard Maarouf Saad
Saida, Lebanon
P.O.Box: 41 Saida , Lebanon
Tel:
+961-7-720123
+961-7-728534
Fax:
+961-7-722986
Email:
[email protected]
Website:
www.ccias.org.lb
OTHER BUSINESS LINKS
⋅
Association of Lebanese Industrialists
www.ali.org.lb/new
⋅
Association of Banks in Lebanon (ABL)
www.abl.org.lb
⋅
Federation of the Chambers of Commerce, Industry and Agriculture in
Lebanon (FCCIAL)
www.cci-fed.org.lb/English/index.aspx?pageid=415
⋅
Beirut Chamber of Commerce, Industry and Agriculture
www.ccib.org.lb
⋅
Beirut Stock Exchange
www.bse.com.lb
⋅
Central Bank of Lebanon
www.bdl.gov.lb
⋅
Lebanese business and economy databank
www.databank.com.lb
⋅
Investment Development Authority of Lebanon (IDAL)
www.idal.com.lb
⋅
Council for Reconstruction and Development
www.cdr.gov.lb/eng/home.asp
⋅
Solidere, Company for the Development and Reconstruction of Beirut
Central District
www.solidere.com/solidere.html
⋅
Port of Beirut
www.portdebeyrouth.com
7
Factual Figures .............................................................................................................. 2
Overview ........................................................................................................................... 2
Tourism .............................................................................................................................. 2
Economy ............................................................................................................................ 3
Financial Sector ............................................................................................................. 3
Insurance Market ......................................................................................................... 4
Agricultural Sector ...................................................................................................... 4
Energy Sector ................................................................................................................. 4
IT Sector ............................................................................................................................ 5
UK-Lebanon Links ........................................................................................................ 5
Useful Contacts
Ministries ............................................................................................................ 5
Embassies ........................................................................................................... 6
Chambers of Commerce ............................................................................. 6
Other Business Links ................................................................................... 7
1
Factual Figures
Official Name:
Capital:
Land Area:
Population:
Official Language:
Currency:
GDP Growth:
Main Industries:
Exports:
Imports:
Republic of Lebanon
Beirut
10,452 km2
4,143,101 (July 2011 est)
Arabic with both English and French widely spoken
Lebanese Lira (LL)
6.9% (2009)
Banking, tourism, food processing, wine, jewellery, cement,
textiles, mineral and chemical products, wood and furniture
products, oil refining, metal fabricating
Jewellery, base metals, chemicals, miscellaneous consumer
goods, fruit and vegetables, tobacco, construction minerals,
electric power machinery and switchgear, textile fibres,
paper
Petroleum products, cars, medicinal products, clothing, meat
and live animals, consumer goods, paper, textile fabrics,
tobacco, electrical machinery and equipment and chemicals
Overview
Lebanon gained its independence from France in 1943 and developed into one of
the Middle East's most advanced economies. It has long been a convergence
point of trade routes and meeting place for a wide variety of peoples, which is the
basis of the rich and diverse national culture that exists in the country today. It is
a regional and international hub for trade, finance, services, industry, culture and
tourism. At the centre of the Eastern Mediterranean, Lebanon is at the crossroads
of Africa, Asia and Europe. It enjoys a rich variety of climates and ecosystems.
As a trading and international banking centre despite its small territory, Lebanon
was long known as "the Switzerland of the Middle East" until its disastrous 1975–
1990 civil war and protracted conflict which seriously damaged the infrastructure
and economic performance. Since the 1990s, successive governments have
invested heavily in selected, high-quality infrastructure projects. As a result,
Lebanon has a number of good main roads, a large, new international airport and
two modern, reliable mobile-phone networks. However, these projects have
tended to be focused in and around Beirut, with less activity in outlying areas.
Lebanon is still undergoing post-war reconstruction following the 2006 conflict
and its long-term growth potential has been constrained by political uncertainties.
Tourism
Tourism, the country’s major economic activity and foreign exchange earner, was
hit severely by the recent crises. However, efforts are now being made to
reposition Lebanon on the international tourism map. The Ministry of Tourism is
continuing with projects to promote Lebanon providing electronic services and
information, participating in world exhibitions, and targeting selected new
markets. Lebanon’s policy to promote tourism has been intensified as a result of
security and political issues in the region, according to Tourism Minister Fadi
Abboud, who also hoped for a “special summer season” in 2011. Earlier in the
year, the International Monetary Fund reported that the number of airport
passengers (arrivals, departures, transit) totalled 1,024,664 in the first quarter of
2011, marking a 4.5 percent decline from 2010. The number of flights also
2
declined by 1.3 percent year-on-year, while Beirut hotels saw a sharp fall in
visitor numbers, averaging 43 percent in terms of occupancy rates in the first two
months of 2011, compared to 73 percent during the same period last year, the
IMF said. Lebanon has been in discussions with neighbouring Syria, Jordan and
Turkey to create a Schengen-style visa to enable people to travel to any of the
four countries without the need to obtain separate visas for each country.
Economy
The Economist Intelligence Unit (EIU) forecast for the five years 2010-14 reveals
that fiscal reform is needed to reduce the large public debt stock, as the costs of
debt servicing weigh heavily on the budget. The substantial current-account
deficit is forecast to narrow (as services revenue rebounds) to 19.8 percent of
GDP in 2010 and to 13.8 percent of GDP in 2011. Economic growth will depend
on perceptions of political stability in the country. Private consumption growth will
be slower than in 2007-10, and investment, particularly in homes and
construction, will fall back. The EIU forecast for real GDP growth in 2011 to 4.6
percent, from an estimated 7.5 percent in 2010. Businesses will also be less likely
to invest in expanding their operations as they will risk not only lower sales but
damage to property. The EIU forecast expects that the services sector will
continue to be the main driver of private-sector growth.
Inflation, after dropping sharply in 2009, because of lower world commodity
prices, inflation rose to an average of 4 percent in 2010, picking up towards the
end of the year as global oil and commodity prices rose. In 2011-12 inflation is
forecast to rise to an annual average of 5.3 percent as international commodity
prices, particularly for oil and food, increase significantly.
Investment policies, liberal economic environment and active entrepreneurial
private sector are the country’s distinguishing features. Investors can benefit
from a sophisticated legal framework, which protects the rights and assets of
both Lebanese and foreign investors. Lebanon is now a prime destination for
foreign investment. It offers a free foreign exchange market, full currency
convertibility, complete repatriation of capital and a regulated banking secrecy
law. With a 15 percent corporate tax rate, fiscal charges are among the lowest in
the world. Lebanon’s principal asset is the competence of its well-educated, multilingual and multi-skilled workforce.
Lebanon's most important area of economic activity has historically been
services, which in 2010 accounted for an estimated three-quarters of nominal
GDP. The capital, Beirut, remains a significant regional banking centre.
Financial Sector
Lebanon's financial sector, one of the region's most sophisticated, offers a wide
range of services and products. Its banking sector, since the 1990s, has been
playing a significant role in the recovery of the economy. By most measures,
Lebanon's banks are is a solid position, enjoying high levels of deposits and a
strong flow of inbound capital while operating in an economy that expanded
rapidly last year and is expected to do so again in 2011.
Lebanon enjoys a free foreign exchange market, full currency convertibility,
complete repatriation of capital and a regulated banking secrecy law. These
privileges make Lebanon a prime destination for foreign investment and tourism.
Investors can benefit from a sophisticated legal framework, which protects the
rights and assets of both Lebanese and non-Lebanese investors.
3
There are 69 banks registered at the National Bank of Lebanon/Banque du Liban,
with 62 active commercial banks and 12 specialized banks. Banking currently
employs more than 17,660 individuals in 872 branches conveniently spread
throughout the country, and manages the equivalent of $90 billion in assets
nation-wide.
Foreign representation is important either in the form of a foreign bank
maintaining branches in Lebanon (11 banks) or equity stakes in several local
banks. Sixteen foreign banks have also a representation office in Lebanon.
Foreign representation is significant, whether through foreign banks maintaining
their branches in Lebanon or equity stakes in several local banks. At the same
time, Lebanese banks have expanded abroad, particularly in Syria, Jordan and
France. Today, there are eighteen Lebanese banks active in one way or another
in sixteen foreign countries.
Insurance Market
The Lebanese insurance market has always been open and liberal, in line with
Lebanon's free market economy. Private insurers have historically been the only
players in the local market and the state has never nationalized or expropriated
an insurance firm. Additionally, the Lebanese state never owned insurers and
private companies did not have to compete with state entities or worry about
government monopolies, as is the case in many other Arab countries.
Agricultural Sector
The agricultural sector remains an important source of employment, most rural
holdings are small, economically inefficient and rented by subsistence farmers—
so agriculture accounts for only around 5% of nominal GDP in 2010. The
country's most precious natural resource—vast forests of cedar—was exhausted
in ancient times, and today, the main focus of the primary sector is quarrying for
the cement industry. Lebanon’s industrial sector is also small, partly because the
domestic market shows a preference for imported goods. Among the sector's
most significant exports are processed food and jewellery—with the latter
showing strong growth in recent years.
Energy Sector
The country’s energy sector depends almost entirely on external energy sources,
in particular for oil products. Growing energy needs may impact increasingly on
the high energy import bill and thus on the country’s economy. It could develop
towards a transit country, including to the benefit of secure energy supply to the
European Union. Gas pipelines are under development and will bring Egyptian and
Syrian gas to the region and possibly further to the EU. Lebanon participates in
the Euro-Mashreq Gas Market project that aims to reform and modernise the gas
industry in Egypt, Jordan, Lebanon and Syria, and achieve the progressive
integration of their gas markets with a view to integration with the EU internal
gas market.
Rehabilitation of energy infrastructure requires significant investments.
Development of the oil sector, including the viability of the operation of a
refinery, is under study. Lebanon aims to increase the share of renewable energy
sources such as hydro, solar and wind in the country’s energy balance to as high
as 10% by 2015.
4
IT Sector
The total size of the IT market in Lebanon in 2011 has been forecast at $321
million, which is a significant increase on the nearly $287mn recorded in 2010. A
report from Business Monitor International indicated an overall expansion of
around 11.8 percent in the country’s IT market, which is set to benefit from a
massive investment in telecoms infrastructure, aimed at significantly improving
the country’s broadband facilities. Licenses were last year granted to five
international companies to establish contact centres in the country and the
growth should generate opportunities for IT vendors. Over the next five years,
BMI also forecasts that Lebanon’s telecoms infrastructure is set to receive
significant investment estimated at $500mn.
UK-Lebanon Trade
Trade relations with EU member states, including the UK, are governed by an
Association Agreement in force since April 2006. Lebanon is the UK's first largest
trading partner in the Levant region and its 8th trading partner in the whole
Middle East. It is the UK's 58th largest market overall. The UK is currently the
12th largest exporter to Lebanon, with UK exports valued over £500m in 2010,
according to official UK figures. Although the country has not been a traditional
market for UK exports, the performance improved following the involvement of
UK companies in the country's reconstruction. In addition, a privatisation
programme is planned, notably in power, water, telecommunications and
aviation. The country welcomes UK involvement in its reconstruction programme.
Useful Contacts
MINISTRIES
Prime Minister:
Deputy Prime Minister:
Mr. Mohammad Najib Mikati
Mr. Samir Moqbel
Ministry of Agriculture
Minister: Dr. Hussein Al hajj Hassan
Website: www.agriculture.gov.lb
Ministry of Culture
Minister: Mr. Gaby Layoun
Website: www.culture.gov.lb
Ministry of the Displaced
Minister: Mr. Alaeddine Terro
Website: www.ministryofdisplaced.gov.lb
Ministry of Economy and Trade
Minister: Mr. Nicolas Nahhas
Website: www.economy.gov.lb
Ministry of Education and Higher Education
Minister: Mr. Hassan Diab
Website: www.higher-edu.gov.lb
Ministry of Energy and Water
Minister: Mr. Gebran Bassil
Website: www.energyandwater.gov.lb
Ministry of Environment
Minister: Mr. Nazem Al-Khoury
Website: www.moe.gov.lb
Ministry of Finance
Minister: Mr. Mohammad A. Safadi
Website: www.finance.gov.lb
Ministry of Foreign Affairs and Emigrants
Minister: Mr. Adnan Mansour
Website: www.emigrants.gov.lb
www.foreign.gov.lb
Ministry of Industry
Minister: Mr. Freije Sabounjian
Website: www.industry.gov.lb
Ministry of Information
Minister: Mr. Walid Daouq
Website: www.ministryinfo.gov.lb
Ministry of Interior and Municipalities
Minister: Mr. Marwan Charbel
Website: www.moim.gov.lb
5
Ministry of Justice
Minister: Mr. Shakib Qortbawi
Website: www.justice.gov.lb
Ministry of Labour
Minister: Mr. Charbel Nahhas
Website: www.labor.gov.lb
Ministry of National Defence
Minister: Mr. Fayez Ghosn
Website: www.lebarmy.gov.lb
Ministry of Post and Telecommunications
Minister: Mr. Nicolas Sahnaouie
Website: www.mpt.gov.lb
Ministry of Public Health
Minister: Mr. Ali Hassan Khalil
Website: www.moph.gov.lb
Ministry of Public Works and Transport
Minister: Mr. Ghazi Al Aridi
Website: www.public-works.gov.lb
Ministry of Social Affairs
Minister: Mr. Wael Abu Faour
Website: www.socialaffairs.gov.lb
Ministry of Tourism
Minister: Mr. Fadi Abboud
Website: www.destinationlebanon.gov.lb
Ministry of Youth and Sports
Minister: Mr. Faisal Karami
Website: www.minijes.gov.lb
EMBASSIES
⋅
British Embassy
Chancery 8th Street
Rabieh, Beirut
Tel:
00 961 4 417007/403640/405070/412132
Fax:
00 961 4 402032/715904
Email:
[email protected]
Website:
www.britishembassy.org.lb
⋅
UKTI London
Paul Bathgate
UK Trade & Investment Middle East Team
Tel:
+ 44 (0) 7215 4246
Email:
[email protected]
⋅
Lebanese Embassy
21 Palace Garden Mews
London,
W8 4RA
Tel:
(020) 7229 7265
Fax:
(020) 7243 1699
Email:
[email protected]
⋅
UK in Lebanon
Website:
ukinlebanon.fco.gov.uk/en
CHAMBERS OF COMMERCE
⋅
Chamber of Commerce, Industry and Agriculture of Beirut and Mount
Lebanon
Beirut Sanayeh,
Justinien Street,
CCIABML building
P.O.Box 11/1801
Beirut, Lebanon
6
Tel :
Fax :
Email:
Website:
⋅
+961 135 3390/1/2/3/4
+961 135 3395
[email protected]
[email protected]
www.ccib.org.lb
Chamber of Commerce, Industry and Agriculture in Sidon and South
Lebanon
CCI Bldg.
Boulevard Maarouf Saad
Saida, Lebanon
P.O.Box: 41 Saida , Lebanon
Tel:
+961-7-720123
+961-7-728534
Fax:
+961-7-722986
Email:
[email protected]
Website:
www.ccias.org.lb
OTHER BUSINESS LINKS
⋅
Association of Lebanese Industrialists
www.ali.org.lb/new
⋅
Association of Banks in Lebanon (ABL)
www.abl.org.lb
⋅
Federation of the Chambers of Commerce, Industry and Agriculture in
Lebanon (FCCIAL)
www.cci-fed.org.lb/English/index.aspx?pageid=415
⋅
Beirut Chamber of Commerce, Industry and Agriculture
www.ccib.org.lb
⋅
Beirut Stock Exchange
www.bse.com.lb
⋅
Central Bank of Lebanon
www.bdl.gov.lb
⋅
Lebanese business and economy databank
www.databank.com.lb
⋅
Investment Development Authority of Lebanon (IDAL)
www.idal.com.lb
⋅
Council for Reconstruction and Development
www.cdr.gov.lb/eng/home.asp
⋅
Solidere, Company for the Development and Reconstruction of Beirut
Central District
www.solidere.com/solidere.html
⋅
Port of Beirut
www.portdebeyrouth.com
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