Industry

Lebanon: Exports on the Rise, Trade Deficit Worsens

Liliane Mokbel, 19/07 18:30 - Reading : 2 minute(s)

Turkey United Arab Emirates United States economy trade industry exports

According to data from the Higher Council of Customs, Lebanese exports rose by 21% between January and May 2025, reaching 1.5 billion dollars compared to 1.2 billion a year earlier. This increase reflects renewed competitiveness for “Made in Lebanon” products, which are seen as better suited to local purchasing power and more reliable in ...

Global Fashion Industry Valued at $1.84 Trillion

This is Beirut, 02/07 17:05 - Reading : less than a minute

Uniform Market Fashion industry

The global fashion industry has cemented its place as a powerhouse of the world economy, with a current market value of $1.84 trillion, according to the specialist platform UniformMarket (2024). Beyond its staggering economic weight, the sector provides employment to approximately 430 million people worldwide, making it one of the largest sources ...

Ministry of Industry Launches Xpress Service for Fast Document Authentication

This is Beirut, 14/05 11:50 - Reading : 1 minute(s)

LibanPost Industry Lebanon

The Ministry of Industry unveiled on Wednesday a new expedited postal service, Xpress, designed to streamline document authentication at the Ministry of Foreign Affairs. Offered by LibanPost, the service is tailored to meet the needs of Lebanese industrialists by ensuring rapid processing, often on the same day. Service Details Same-Day ...

The Lebanese Industrial Sector: 18,542 Factories Producing 1,656 Products

This is Beirut, 18/03 19:30 - Reading : less than a minute

Lebanon Industry

Based on the latest statistics from the Guide to Lebanese Exports and Industrial Institutions for the end of 2024, Lebanon has 18,542 factories producing 1,656 products. This includes 8,771 factories classified according to the international harmonized system, and 1,179 products exported internationally, meeting the legal and technical standards ...

Revaluation of Inventories and Fixed Assets: A Strategic Advantage for Businesses

Liliane Mokbel, 2024-12-02 19:30 - Reading : 3 minute(s)

Economy Industry Commerce Parliament Lebanon

Industrial and commercial business owners are celebrating a major victory. Last Thursday, Parliament passed in a plenary session the bill amending Article 45 of Decree-Law No. 144 of June 12, 1959 (the Income Tax Law). This amendment grants "exceptional authorization" to income taxpayers, allowing them to revalue their inventories and real estate ...

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