Tuesday, September 8, 2015

Nini hospital will expand its premises in Tripoli. A $50 million investment to add 90 beds


Construction works have been launched to expand Nini Hospital in Tripoli. The extension will be ready in 2020.

With an investment estimated at around $50 million, the expansion will increase the total built-up area of the hospital from 7,000 to 35,000 square meters, adding another 120 jobs to the current 480 full time workers. The number of beds will increase from 110 to 200 beds. "We need more beds to serve the patients in this area," said Rabih Turkieh, Human Resources Manager of Nini H...

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Imports of mobile devices drop by 85 percent. Illegal trade is back in first half of 2015


Imports of mobile devices have dropped by 85 percent in the first half of 2015, compared to the same period last year. Based on Customs figures, the value of the imports was $11 million this year, compared to $73 million in 2014.

George Azar, Group Strategy Director and Business Developer for AC Holding, local agent for Samsung, said that this was due to the cancellation of the International Mobile Equipment Identity (IMEI). "Smuggling is back at an even higher pace than before the IMEI ...

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Exports decrease by ten percent.

Industrial and agricultural exports decreased by ten percent in the first half of the year, registering $2.05 billion compared to $2.3 billion in the same period of 2014, according to the Customs.

The value of exports in tons remained stable, registering 1.2 million tons in the first half of 2014 and 2015.

Exports of prepared foodstuffs and beverages reached $270 million in the first six months, decreasing by three percent, compared to the same period of 2014. Mounir Bissat, Chairm...

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Factory for grinding chicken feather in Baalbek.

Powder Chicken Meat, a factory for grinding chicken feathers for use in fodder mixture, will open in Fakeha, Baalbek by the end of the year.

The $2 million project will have a built-up area of 1,500 square meters and a land plot that exceeds 14,000 m2. The factory will create around 30 jobs. Eid Matar, General Manager, said that the company still requires some funds to be able to operate the factory.

The production capacity will be 150 tons per month. According to Eid, with every...

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Car race track in Zahlé.

A car race track is under development in Zahle. It is owned by Carlos Rayya, a local contractor. The project has not been named yet.

The race circuit is located behind the Hyundai showrooms. It occupies a 40,000 square meter land plot, leased in a long term contract. The racing circuit is 1,600 meters in length, the largest in the country. It is over 300 meters longer than Mtein's RPM, which until now held the record at 1,280 meters.

Rayya said that construction works have already...

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