Business in Lebanon, Beirut

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Syllabus of the Subject: Foreign Trade and Business in Lebanon - Beirut

1. Introduction to the Lebanese Republic (Middle East)
2. Doing Business in Beirut
3. Lebanese economy
4. Lebanese foreign trade (Import, Export)
   1. Lebanese Customs Administration
5. Business Opportunities in Lebanon:
   1. Agro-industry
   2. Industry
   3. Information Technology
   4. Business Process Outsourcing
   5. Telecommunication
   6. Tourism
   7. Media and film industry
6. Foreign Direct Investment (FDI) in Lebanon
   1. Investment Development Authority of Lebanon (IDAL)
7. Case Study:
   1. Nayla Hayek
   2. Ayah Bdeir
   3. Lebanese largest companies
   4. INDEVCO
8. Access to the Lebanese market
9. Business Plan for Lebanon

Lebanese Preferential Access and Free Trade Agreements

1. Lebanon and the Arab Economic Area
2. European Union-Lebanon Association Agreement
   1. Euro-Mediterranean Partnership
3. Trade Agreements with the European Free Trade Association (EFTA), Turkey,  Syria, Kuwait, Egypt...
4. Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)

The objectives of the Subject “Foreign Trade and Business in the Lebanese Republic” are the following:

1. To analyse the Lebanese Economy and Foreign Trade (Import, Export, FDI)
2. To know the business opportunities in the Lebanese Republic
3. To explore the Lebanese trade relations with the country of the student
4. To know the Lebanese Free Trade Agreements (FTAs)
5. To examine the profile of Lebanese companies
6. To develop a business plan for the Lebanese market

Sample of the Subject - Doing Business in Lebanon

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Description of the Subject: International Trade and Business in Lebanon.

The Lebanese Republic:

1. With 5.8 million people, Lebanon has 75% of Muslim population and 25% of Christians
2. The Lebanese Republic shares borders with Syria and Israel
3. Arab and French are the official languages in Lebanon
4. The capital of the Lebanese Republic is Beirut (1.8 million people), an important regional foreign trade Port
5. The main Lebanese cities are Beirut, Baabda, Saida, Baalbek, Zahle, Tripoli, and Nabatiyeh
6. The headquarters of the Economic and Social Commission for Western Asia (ESCWA) are in Beirut (Lebanon)
7. Independence of Lebanon: 1946 (from France)
8. Lebanese Government: Parliamentary Democracy
9. Area of Lebanon: 10,452 square kilometres
10. Human Development Index of Lebanon: 0.765

Religion in Lebanon.

1. Islam Sunni is the main religion in Lebanon (75% population), the largest school of Islamic Jurisprudence is the Hanafi
2. In Lebanon, there are about 1 million Maronites (Christians Catholics)
3. Beirut is divided between Christian and Muslim areas

Lebanon belongs to the Arab Economic Area (Islamic Civilisation).

Lebanese Economy.

1. The Lebanese agricultural sector accounts for about 7% of the GDP.
2. The Lebanese industrial sector represents 22% of the GDP and the services sector 71% of the gross domestic product, highlighting the financial and commercial sector
3. Top Lebanese public companies: Middle East Airlines, Electricity of Lebanon, Water Company, TV Lebanon Tobacco Company, and the National Wheat and Beet
4. Currency of Lebanon: Lebanese Pound (LBP)
5. Unemployment Rate: 13%
6. Labour Force in Lebanon: 1.6 million people

Sample of the Subject - Doing Business in Lebanon

Foreign Trade of Lebanon.

1. Major supplier of the Lebanese Republic: The United States (11%), China (9%), France (8%), Italy (7%), and Germany (6.3%)
2. Major export destinations of the Republic of Lebanon: Switzerland, Iraq, Syria, and Saudi Arabia
3. Machinery and electrical equipment accounted for 21% of the Lebanese exports, jewellery (13%), chemicals (11%), and food (7%)
4. Top Lebanese imports: Mineral fuels (27%), machinery (12%), transport equipment (12%), and pharmaceutical products (4%)

Economic Institutions

1. Arab League
2. Summit of South American-Arab Countries (ASPA)
3. Asia-Middle East Dialogue (AMED)
4. Islamic Development Bank
5. Economic and Social Commission for Western Asia (ESCWA)
6. Organisation of Islamic Cooperation (OIC)
7. United Nations (UN)
8. World Bank (WB)
9. World Trade Organisation (WTO)
10. International Monetary Fund (IMF)
11. Customs Convention on Containers (CCC)

Carlos Slim (Maronite of the Lebanese ascendency)

Safra (Judaism)

Ayah Bdeir:

Turkey-Lebanon Free Trade Agreement (FTA)

(c) EENI Global Business School (1995-2021)
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