Mada Hospital planned for Miniyeh in 2022. 215 beds to meet healthcare needs

Excavation for Mada Hospital in Miniyeh-Danniyeh will start in the summer of 2019, and is expected to be completed in three years.

The four-story hospital will have a built-up area of 37,000 square meters.

"There is a large need in Miniyeh region for additional hospital beds," said Joyce Bitar, Project Engineer. The area currently has around 120 hospital beds between a private and a public hospital.

Mada Hospital will have 215 beds, six surgery rooms, a cancer treatment c...

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Health indicators advancing at high pace. Improvement in life expectancy, maternal, infant and under-five mortality up

Life expectancy in Lebanon at birth has improved, reaching 76.5 years in 2016, up from 75 years in 2015, according to the World Health Organization (WHO).

"The improvements in health indicators are due to new treatments and techniques integrated into the health system," said Sleiman Haroun, Chairman of the Syndicate of Private Hospitals. But, according to Haroun, these treatments and techniques are not cheap for patients.

The under-five mortality rate was 8.5 per 1,000 live births...

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Lira loans must constitute less than 25 percent of deposits.

The net value of the banks' outstanding loans to the private sector in lira must not exceed 25 percent of their customers' deposits in the same currency, according to a recent circular issued by the Central Bank (BDL).

The banks should settle the matter by the end of 2019. Once the deadline has elapsed, an amount equivalent to the loans exceeding the 25 percent ratio must be deposited with BDL at zero-interest rate until this irregularity is resolved, according to the circular.

The...

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Pharmaline to open Nahr Ibrahim factory. To increase under licensed production

Pharmaline, a manufacturer of pharmaceutical products and member of Malia Group, is building a factory in Nahr Ibrahim to be completed in late 2019.

Pharmaline will inject $13 million investments in the expansion.

The total built-up area of the factory is around 3,000 square meters (m2).

The facility is expected to double Pharmaline's production capacity, according to Carole Abi Karam, General Manager. It will include research and development and quality control labs.
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25 consortiums interested in hydropower production. Companies from 14 countries are bidding

The Ministry of Energy and Water (MoEW) has received 25 Expressions of Interest (EoIs) from local and international companies to participate in public-private partnerships for the development of hydroelectricity projects.

The EoIs, for the development, operation, and production of hydropower stations, cover more than ten rivers all over the country. They include projects with proposed capacities ranging from four to 40 megawatts (MW).

A technical team at the MoEW is reviewing all ...

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