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EECOY NEWS

STATISTICS

  • Number of inernet users in Lebanon at 3.2 million in 2017 compared to 2 million users in 2012. Madar Research and Development
  • Car sales increased by 2 percent in the first ten months of 2013.
  •  Total number of real estate transactions reached 31,943 in the first half of  2013, down 7.1% from 34,388 in the same last year period, according to the Ministry...
  • A total of 7,484 new passenger cars were sold in the first quarter of 2013,registering
  • Fiscal deficit up by 67.6%   Reached $3.9 billion in 2012, registering an increase by 67.6% from $2.3 billion from previous year, according to figures released...
  • Car sales up 6%
  • Total assets of commercial banks in Lebanon reached $149.4 billlion at the end of October 2012, up 7% from end-October 2011.
  • 20,187 new passenger cars were sold in the first seven months of 2012, registering a rise of 8.8% from the 18,556 cars sold in the same last year period, according to the...

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CONSTRUCTION

  • Karout Mall is a new ten-story mall situated in Boulevard Camil Chamoun, besides Gallerie Semaan.
  • Developers seem to offer small and medium-sized apartments to meet current market demand. The company CGI SAL(Council and property management) will soon start marketing its new Urban Dreams Project, located in the Corniche al Naher area in Beirut.
  • Lebanese developers seem to be adamant to launch new construction projects particularly in Beirut Central District (BCD), a region with a high commercial potential.
  • Damac has recently moved  its projects to the Lebanese market. The Middle East’s largest private luxury developer, DAMAC Properties has announced it has awarded the main construction contract for its ‘DAMAC Tower’ in Beirut, Lebanon.
  • KidzMania, an indoor theme park designed for children between 2 and 14 years of age will open its doors by summer 2012, a place where children can experience real life jobs.
  • New projects have moved in the country. And more are forthcoming.   Construction has started in Lebanon in recent years. Cement deliveries, a coincident indicator of construction activity increased
  • Shopping malls swell across a tiny country whose capital was ranked in 2010 the 30th most expensive retail rent in the world.  
  • Plus Towers The $200 million project is located in the Beirut Central District, near Al Amine mosque and set to be completed in 2012.

IN THE SPOTLIGHT

Beirut

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.

ECO INITIATIVES

  • 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.

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