APRIL 2018
Dear Readers,

The last months were very busy for Lebanon as the country took central stage in three major international conferences and recently came out of successful parliamentary elections. The CEDRE donor conference in April was the most anticipated one as the Government of Lebanon went to Paris to secure pledges for funding needed to implement Lebanon’s ambitious Capital Investment Plan (CIP). The plan which includes more than 280 infrastructure projects is expected to jump-start the economy again and help Lebanon achieve its Sustainable Development Goals. 

IDAL has been intensifying its efforts to keep pace with the Government’s own attempts for reform to the business and investment climate in Lebanon. As part of those efforts, IDAL has organized many initiatives such as a major workshop in Beirut in partnership with the OECD and the EU that aimed to identify best practices in attracting sustainable investment into the economy, the launch of the Business Support Unit at IDAL, and the support of ICT companies in international fairs, among others.

Many other initiatives are in the pipeline to attract high-quality foreign and domestic investment in particular into our productive sectors. IDAL is looking forward to the upcoming opportunities and challenges ahead and will always work side by side with the investors to ensure their needs are met.

For any information do no hesitate to contact us.

With my best wishes,

Nabil Itani
Chairman- General Manager
30 STARTUPS BENEFITED FROM OUR NEW SERVICES
In one month from its launch, more than 30 start-ups benefited from the BSU services!
  • 36 meetings were held with legal advisors 
  • 20 % of start-ups in the Fintech sector, 20% in Agro tech and 20% in Mobile applications 
  • 95% of respondents were very satisfied with the BSU services
If you are a startup too and don't know how to get started, do not hesitate to book your appointment now at our new Business Support Unit for free legal and tax advisory support.

IDAL SUPPORTING LEBANESE COMPANIES IN ICT FAIRS
The vision of the Lebanese government to transform Lebanon into a knowledge economy has been materializing through IDAL's direct support to startup and SMEs especially in the technology sectors.
IDAL has supported the participation of Lebanese talents in three ICT Fairs; the Digital Games Conference in Dubai, COMEX in Oman, and Arabnet in Dubai.




WATCH THE VIDEO
IDAL'S ROLE IN ACHIEVING THE SUSTAINABLE DEVELOPMENT GOALS
IDAL as the national investment promotion agency plays a key role in advancing the SDGs in Lebanon through the promotion and facilitation of foreign and domestic investments which generate high-added value to the economy and contribute to the sustainable development of Lebanon.
Throughout the years, IDAL’s activities evolved and expanded to include in addition
to investment and export promotion, business support activities for start-ups and
entrepreneurs and market information on key regions of Lebanon. This has made IDAL
the go-to national agency for market intelligence, business advice & export support.

NEWS SNAPSHOT
NATIONAL AND REGIONAL WORKSHOPS WITH THE OECD FOR INVESTMENT DEVELOPMENT

IDAL and OECD organized a regional conference on " Promoting business linkages in global value chains: Policies and tools” and a National Conference on "Promoting inclusive Investment for Local Development in Lebanon" within the framework of the EU and the OECD program to promote investment in the Mediterranean region. The recommendations stressed the need to proceed with the infrastructure program, promote economic zones, boost expatriate investments and activate the cooperation between the public and private sectors.
IDAL REPRESENTING LEBANON AT THE ANNUAL INVESTMENT MEETING IN DUBAI

Chairman Nabil Itani headed the Lebanese delegation that participated at the Annual Investment Meeting AIM 2018 held in Dubai. Mr. Itani met with many potential investors and the Lebanese Ambassador in Dubai Mr. Fouad Dandan as well as Consul Assaf Doumit to look into ways of enhancement and promotion of the business climate in Lebanon.
FUTURE HEALTH FORUM

IDAL participated at the "Future Health" Forum opening organized by the Ministry of Public Health along with Al-Iktissad Wal-Aamal Group. IDAL`s Chairman Mr. Nabil Itani said that Lebanon boosts many promising opportunities enabling it to become a hub for health tourism in the region. He said that the health sector is one of the most favorable sectors that can attract investors, especially in the field of health services centered on modern technology alike biotech and e-health portals.
IDAL SUPPORTING LEBANESE TALENTS AT THE DIGITAL GAMES CONFERENCE IN DUBAI

IDAL sponsored the Lebanese Pavilion at the 4th Digital Games Conference and Exhibition held in Dubai on April 12-13, 2018. The Lebanese SMEs in the field of technology are showing a great readiness for investments, as they are able to take advantage of the growing trend of the digital gaming market in the Middle East and North Africa region, estimated at USD 4 billion in 2017.