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Zalka

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Hundreds of stores owned by Lebanese have also closed after failing to pay the rent and other expenses, such as electricity bills.
September 23rd, 2019 - 11:05 GMT

Lebanese Merchants Face Unprecedented Economic Slowdown

The dozens of banners, announcing 80 and 90 percent discounts, on shop windows in Lebanon’s Zalka region failed to attract any clients, amid an unprecedented economic slowdown in the country. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-0…","video_id":"0f1dfe4b-ef8a-48b8-9604-07009c97ae63","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"The Worst 10 Destinations for Expats"} Nicolas Chammas, head of the Beirut Traders Association, said last week that this year’s summer season was the worst, in terms of commercial trade, due to security developments that took place in the country ...
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Head of the Industrialists Association Nehmat Frem warned that Lebanon had crossed into dangerous territory when its public debt grew above $60 billion.
September 5th, 2013 - 01:48 GMT

Lebanon's private sector strike described as 'unmatched in 40 years'

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