You are here
Lebanon ranks 98 globally in business
5-1-2018
The communications minister, Jamal Jarrah, disclosed that work in the upcoming period shall focus on supporting small and medium enterprises (SMEs) to inspire them to stay in Lebanon through the provision of business development opportunities up to where they can start selling their technologies instead of importing them. Jarrah, who was speaking during a ceremony held on December 29, 2017 attended by the President of the Lebanese University (LU), Prof Fouad Ayoub, praised LU student team for winning the first prize at Huawei’s International ICT Skill Competition finals in China. Jarrah said his ministry, has in the first phase, offered college students a discounted internet package, to be followed in the next phase by a plan to secure training prospects for students at international companies. Meanwhile, Lebanon came in the 98th place out of 153 countries in the Best Countries for Business 2018 by Forbes. The US business magazine ranked Lebanon 10th among 14 Arab states. Forbes rating, to recall, is based on 5 basic criteria: property rights, innovation, taxes, corruption and investor protection. According to the report, Lebanon’s growth in 2017 posted 1%, the GDP per capita stood at USD 7900 for a population of 6.2 million persons and a trade deficit recorded 18.6%. (For the full rating, kindly refer to: http://bit.ly/2lWkBGt). (Al Mustaqbal, December 30, L’Orient Le Jour, January 4, 2018)
- 3 reads
- العربية
Categories
Events
No upcoming events
Job vacancies
Friday, October 9, 2015
Collective for Research and Training on Development - Action (CRTD.A)