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Lebanon

Lebanon news and analysis, tenders, contracts awarded, commentary and economic data

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Lebanon_map_527x286px Lebanon+flag President_Michel_Suleiman
Lebanon
Leader
President Michel Suleiman

Lebanon country datafile
Country overview
Government contacts

Country data

Iran 2008 2009 2010 2011 2012 2013f 2014f
Nominal GDP ($bn) 29.7 34.7 37.1 39* 41.3 43.8 46.7
GDP per capita ($) 7,795* 8,983 9,501 9,856 10,311 10,793 11,348
Real GDP growth (annual change, %) 8.6 9 7 1.5* 1.5 2 4
Government revenue (% of GDP) 24.1 24.5 22.9 23.5 23.4* 23.3 23.8
Government total expenditure (% of GDP) 33.7 32.8 30.6 29.6 32.4* 33 32.8
Total government debt (gross, % of GDP) 158.4 147.6 141.7 137.5 135.2* 139.5 141.3
Current account balance (% of GDP) -9.3 -9.8 -9.6 -12.5* -16.1 -16.1 -14.6
Value of oil imports 3.9 3.1 3.9 4.8 6.2 6.4 6.4
Value of oil exports 0 0 0 0 0 0 0
Inflation (%) 6.4 3.4 5.1 3.1 10.1 2.8 2
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: June 2013; *=Estimate

Lebanon trends

Lebanon

Lebanon’s new government ends 10-month political stalemate Subscription

20 February 2014, 5:48 GMT | By

Cabinet is split equally between the country’s two main factions

Judges hear evidence at the trial of those accused of the murder of Lebanon's former prime minister, Rafiq Harir

Hariri trial gets under way, heightening tensions in Beirut Subscription

19 January 2014, 7:21 GMT | By James Gavin

Nine years after the assassination of Lebanon’s former prime minister, Rafiq Hariri, proceedings begin at The Hague

Deadly attack: The bombing killed at least 23 people

Beirut drawn further into Syria war Subscription

28 November 2013, 7:00 GMT | By

The bombing of the Iranian embassy in Beirut is not the first time the Syrian conflict has spilled over into Lebanon; calls for Hezbollah to drop its support for Al-Assad are increasing

Middle East and North Africa region Muslim population percentage

Religious pluralism amid restrictions Subscription

4 September 2013, 11:58 GMT | By

Growing sectarian tensions are further restricting the Middle East’s diverse religious groups

Middle East contract awards May 2013

Middle East contracts awarded: May 2013 Subscription

9 June 2013, 10:29 GMT

Just over $8bn-worth of contracts awarded in May

Beirut: Luxury sector affected by Syria conflict

Visitor slump hits high-end hotels in Lebanon Subscription

8 May 2013, 13:55 GMT | By James Gavin

Political uncertainty is deterring Gulf Arabs from visiting Lebanon, hurting high-end hoteliers and retailers, but refugees from Syria are mitigating the impact on the economy

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MEED comment

Aftermath: Shortly after the car bomb blast that killed Mohamad Chatah

Lebanon's moderate voices face extinction Subscription

31 December 2013, 9:39 GMT

The assassination of Mohamad Chatah is said to be part of a strategy to sow division in moderate camps

Syrian war: The conflict is now in its third year

GCC plans action against Hezbollah Subscription

27 June 2013, 13:33 GMT | By

By taking a more aggressive stance against Hezbollah, the GCC risks stoking tensions with Iran

More MEED commentary

Special reports

Lebanon

Lebanon: Crisis looms as Syria war spills over Subscription

26 June 2013, 14:27 GMT

Lebanon is on the brink of crisis as Syria’s civil war continues to destabilise its neighbours

More Lebanon special reports

Top 10 projects

Rank

Rank Project Name Sector Contract value ($m)
1 Beit Misk Construction 800
2 Deir al-Ammar Power Plant Expansion Power 500
2 Venus Towers Construction 500
4 Litani Water Project: Phase 1 Water 330
5 Old City Rehabilitation Construction 295
6 Waterfront City Construction 210
7 Upgrade of Beirut-Damascus Highway Transport 185
8 Pan Arab Highway Mdairej, Chtaura, Taanayel Transport 158
9 Summerland Kempinski Hotel Construction 155
10 Sama Dubai Construction 150
10 Beirut Towers Construction 150
Click through to the full data table on Lebanon's biggest projects in construction
Click through to MEED's Q4 2013 Top 100 Projects report
Source: MEED Projects; Data compiled: January 2014; All projects in execution

Tenders & project awards

Lebanon: Water tower civil works Subscription

10 April 2014, 9:05 GMT | By

Carrying out civil works at an elevated water tower and mechanical room

Lebanon: School equipment and furniture Subscription

1 April 2014, 15:26 GMT | By

Provision of equipment and furniture for public schools

Lebanon: Hospital Subscription

21 March 2014, 18:05 GMT | By

Construction of a governmental hospital

Lebanon: School construction (Lassa) Subscription

21 March 2014, 18:03 GMT | By

Construction of the Lassa public school

Lebanon: School construction (Amchit) Subscription

21 March 2014, 17:56 GMT | By

Construction of the Amchit public school

Lebanon: Water project Subscription

18 March 2014, 15:53 GMT | By

Carrying out a water project comprising the supply of pumping stations, reservoirs and distribution networks

Lebanon: Steel softner tanks Subscription

14 March 2014, 12:37 GMT | By

Supply of polybond steel softner tanks

Lebanon: Security information and event management Subscription

7 March 2014, 14:22 GMT | By

Provision of security information and event management services

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Companies

Holcim logo

Holcim Liban Subscription

Established originally as the Societe des Ciments Libanais, the cement producer was one of Lenanon’s first modern industrial enterprises.

Solidere company

Lebanese Company for Reconstruction & Development Subscription

Launched in 1994 to reconstruct central Beirut, the Lebanese developer is expanding internationally

See all company profiles

People

Farid Chedid Subscription

7 January 2014, 10:21 GMT

Farid Chedid is founder, chairman and CEO, Chedid Capital

See all Lebanon biographies

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