Projects on the Upswing. Arrivals...

Tourism is always one of the most vulnerable sectors to political shocks and instability. Statistics released by the Lebanese Ministry of Tourism showed that the number of tourists declined by 15% in January 2013 from the same last year period.

 In 2012, tourist numbers decreased by 17.5% to reach 1,365, 215, registering the lowest level since 2008. Despite the drop in the tourist arrivals, touristic projects are moving in the country.


Golden Tulip, the Global Hotel Operator signed a contract to manage the five-star Jiyeh Marina Resort.

The project which is to be renamed Golden Tulip Jiyyeh Marina Resort, is expected to open in mid-2013.


The cost of resort exceeds $113 million. In Lebanon, the operator's portfolio incorporates Golden Golden Tulip Serenada Hamra . KidzMondo, a Beirut-based a role playing theme, is also expected to open on May 2nd, 2013, in the Beirut Central District.


The $20 million park is to include more than 80 categories of jobs for children.

With hopes that the industry will bounce back, tourism insiders agree that stability is prerequisite for future development.


Photo: Flickr


Migration to cities is increasing so much that, by 2050, the UN predicts that approximately two thirds of the world’s population will be living in cities.


  • A fundraising event, entitled Think Green, will be held by Zero Waste ACT for all its business members on September, 10,2013, at WHITE, Dora.
  • The Green Mind Association invited all Green Mind Award Participants, finalists, runner ups and winners to the GREEN MIND DAY on  Jan-16-2013 in Beirut, to create a platform where interested Venture Capital and Potential Investors met with participants.
  • A green initiative launched by Ashrafieh 2020 project aims to transform Ashrafieh into a tranquil and unpolluted area.Green spaces allow residents to walk and ride bicycles.




  1. Moody’s Investors Service indicated that the high level of Central Bank reserves is...
  2. In 2010, the country’s Gross Domestic Product (GDP) grew by 8 percent. The economic forecast...
  3. The General Labor Confederation (GLC) warned that the increase of the value added tax (VAT) rate...
  4. Finally, the electricity bill law is approved by the Lebanese parliament. A draft law allocates $1....
  5. Will the government raise the minimum wage?A scenario, some experts expect will result in layoffs...

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