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Beirut now has a bus tour and even more European tourists

Beirut has launched a hop-on/hop-off bus tour service as the Lebanese capital experiences huge visitor growth.

The number of tourists heading to Beirut has always risen and fallen depending on the political situation"...

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Beirut now has a bus tour and even more European tourists

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Banks are promoting digital solutions to cut costs

Banks are promoting digital solutions to cut costs

The banks are increasingly adopting digital solutions in order to reduce their costs and attract a growing market segment of technology-savvy customers, according to ‘Smartphones are reshaping banking’, an article published in the June issue of Lebanon Opportunities.

The cost saving comes in terms of money, time, and effort, said Philippe El Hajj, Deputy General Manager and Head of"...

AUBMC launches New Medical Center Expansion

AUBMC launches New Medical Center Expansion

The American University of Beirut Medical Center recently laid the foundation stone for the New Medical Center Expansion (NMCE) this week. Construction is expected to start in fall 2020 to be completed by fall 2025.

The NMCE building will include 12 floors above ground, and ten underground levels. It will be constructed in place of the current parking lot, extending from Maamari Street towards"...

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MEA first buyer of new extra long-range Airbus aircraft

MEA first buyer of new extra long-range Airbus aircraft

Middle East Airlines (MEA) has signed a firm order for four Airbus aircraft of the new extra-long range narrow-body model A321XLR.

The list price of each A321XLR plane is around $120 million, said Mohamad El Hout Chairman of MEA. This model benefits from fuel cost efficiencies, he said.

This deal makes MEA the ‘launch airline customer’ of the A321XLR body, which means"...

Production index for transformative, extractive industries dips8.4% in April

Production index for transformative, extractive industries dips8.4% in April

CAIRO – 23 April 2019: Egypt’s industrial production index for transformative and extractive industries, excluding crude oil and petroleum products, declined 8.4 percent, recording LE 131.84 (primary) during April 2019, compared to LE 143.94 (final) during March 2019, the state's statistics body said.

The index of base metals industry rose 16 percent, recording 82.65 during April"...