In this issue you will find a snapshot of foreign companies who have started their operations in Lebanon in 2014.

To download this issue, please click here.

As part of IDAL’s strategy to support the growth of the ICT sector and improve its competitive advantages, IDAL partnered with the UNDP’s TOKTEN project “Transfer of Knowledge Through Expatiates Nationals” and the Ministry of Economy, and Berytech, to provide mentorship to selected companies operating in the field of applied sciences and software.  This is part of a series of mentoring sessions that the group mentioned above is planning to organize within the coming year. The 1^st mentorship session took place with Steven Bathiche, currently Director of Research at Microsoft Corp.'s Applied Sciences Group,

The session took place on February 16, at Berytech.

During the mentorship session,  Steven Bathiche talked about his experience in Microsoft Corp. and introduced the new strategic trends in IT and shed lights on projects that Microsoft is currently working on. Going forward Steven would be interested in mentoring Lebanese startups working in the field of co-locating display and sensing technologies (his current technical focus).

Chairman of IDAL, Mr. Nabil Itani has met today with the Ambassador of Canada to Lebanon Ms. Michelle Cameron. They discussed ways to enhance cooperation between Lebanon and Canada especially in drafting bilateral agreements to boost economic relations.

We have visited today the factories of Advanced Plastic Industries S.A.L. (API) following the approval to benefit from IDAL's incentives and business support services in light of their expansion project of over $20 million.

Mr. Nabil Itani, Chairman of IDAL, re-affirmed his pride in this innovative project that is able to compete and expand globally due to its high-quality production . He added during the visit that the government, through IDAL, has a duty towards supporting these industries for the success of the industrial sector as a whole.