Lebanon business news

Here are some recent business news articles from Lebanon:

Economy

• Lebanon's economy is expected to contract by 0.5% in 2023, according to a report by the International Monetary Fund (IMF). (Source: The Daily Star)
• The Lebanese government has approved a new budget for 2023, which aims to reduce the country's fiscal deficit and stimulate economic growth. (Source: Naharnet)

Banking

• The Central Bank of Lebanon (Banque du Liban) has imposed new regulations on banks to prevent money laundering and terrorist financing. (Source: The961)
• Several Lebanese banks have been ordered to pay millions of dollars in fines for violating anti-money laundering regulations. (Source: Al Jazeera)

Tourism

• Lebanon's tourism industry is expected to recover in 2023, with the country expecting to welcome 2.5 million tourists. (Source: The961)
• The Lebanese government has launched a new initiative to promote tourism in the country, including a campaign to attract more visitors from the Gulf region. (Source: Naharnet)

Real Estate

• The Lebanese real estate market is expected to slow down in 2023 due to economic uncertainty and high interest rates. (Source: The Daily Star)
• Several major real estate projects are underway in Lebanon, including a new development in Beirut's Mar Mikhael neighborhood. (Source: L'Orient Today)

Technology

• Lebanon has launched a new initiative to promote the country's tech industry, including a program to support startups and entrepreneurs. (Source: The961)
• Several Lebanese startups have received funding from international investors, including a Beirut-based fintech company. (Source: Wamda)

Energy

• Lebanon is expected to start importing electricity from Egypt in 2023, as part of a new agreement between the two countries. (Source: The Daily Star)
• The Lebanese government has launched a new initiative to promote renewable energy in the country, including a program to support solar and wind power projects. (Source: Naharnet)

Other

• The Lebanese government has launched a new initiative to promote the country's agricultural sector, including a program to support farmers and improve food security. (Source: The961)
• Several major international companies have announced plans to invest in Lebanon, including a new factory by a German automotive parts manufacturer. (Source: L'Orient Today)