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About Lebanon:

The Republic of Lebanon occupies a long, narrow strip of land on the eastern shore of the Mediterranean sea. The Lebanese coast is about 215 km's. long and 60 kms. wide. Its area is 10,450 Sq. km's. with about 4 million inhabitants. Lebanon is a rugged land with 2 mountain ranges extending the length of the country close to the narrow coastal plain. The highest peak is 3100 meters. The Mediterranean coast has warm, dry Summers and mild, rainy Winters. During Winter snow covers most of the mountain ranges.

The official language is the Arabic. English and French are widely spoken. Literacy is 80.10 percent. Lebanon is composed of many different religions and sects.

Since the days of the Phoenicians, Lebanese economy has traditionally been based on trade. Today Beirut is being rebuilt to regain its past glory of being the banking, trade and touristic center of the Middle East. Before the civil war it has been the traditional point of transit for goods and merchandise moving between North Africa, Europe and The Middle East. The Lebanese Government's priority is to rebuild the infrastructure by expanding major international roads, modernize and expand the port and the airport of Beirut. Before the civil war every city and village were connected with paved roads, had running water, electricity and telephones. All these are being repaired. The water, electricity and phones are almost back to normal. Cellular phones are widely used since many years. The mail system is improving but still not reliable for important documents.

The Ruoshe Rock
The Raouche Rocks

The main port of Lebanon is the port of Beirut and the main airport is the Beirut International airport. The monetary unit is the Lebanese Pound. The electricity is changing to become 220 volts and 50 cycles in all Lebanon. Normal private business hours are from 8:00 a.m. till 5:00 p.m. with an hour break for lunch from Monday through Friday. Many also work on Saturdays from 8;00 a.m. till 1:00 p.m. The usual government work hours are (including the customs) from 8:00 a.m. till 2:00 p.m. from Monday thru Saturday. Only on Fridays it is from 8:00 a.m. through 11:00 a.m. The local time is GM'I' plus 2 hours. The Lebanese and the International cuisine are specialties of the country that even the civil war could not alter. Entertainment, another integral part of the Lebanese 'Culture', is in full upswing, so are various sports, clubs, country clubs, health care centers, international and local schools, churches...

Lebanese economy has been always a liberal one with almost no interference from the government. Since the end of the civil war the government is doing everything to keep the liberal system going & enacting laws to encourage investment and the rebuilding of the country. 1996 witnessed the reopening of the Beirut Stock Exchange, one of the oldest in the Middle East. There is a favorable business environment and investment incentive framework characterized by

- Liberal trade and investment policies with no significant restrictions on foreign investment.

- A comprehensive banking secrecy law and a free exchange with completely relaxed restrictions and no control on capital flows.

- A flat 10 percent corporate tax and free access for foreign investors.

- Strong and well defined legal rights for property.

- An extensive business law with ten different types of companies.

ORBIT- Rates - Lebanon - Customs - Customer commments - Offices - Map - Request online Info - Links