: Lebanon's information portal International 194 39 ESFD guaranteed 127 loans in Lebanon in first quarter of 2016 The Economic & Social Fund for Development (ESFD) indicated that it guaranteed 127 loans to small- and medium-sized enterprises for a total of LBP3.7bn, or $2.45m, in the first quarter of 2016 through a network of commercial banks, From silverscreen to SMB: Sage Summit to welcome movie stars speakers It’s a small and medium business event, but it begins to look like a film festival. Sage, the market leader for integrated accounting, payroll and payment systems, announced today that additional speakers from the entertainment Bloomberg launches a Middle East edition of its business and financial news website Bloomberg is strengthening its Middle East operations with a localised edition of its business and financial news website and original live programming from the region on Bloomberg TV, Mediasource website reported. World's Richest Arabs 2016: Lebanon has the most billionaires Forbes reminds us that "the past year was unkind to billionaires all over the world, including the Middle East, where Arab billionaires saw their net worth drop by 23.8% from a year ago." While we're feeling sorry Expatriates' remittances to Lebanon revised downwards to $7.2bn in 2015 The World Bank revised downward its estimate of expatriates' remittance inflows to Lebanon to $7.16bn in 2015 from an estimate of $7.5bn in October 2015 , reported Byblos Bank's Lebanon This Week. Also, it reduced its figure Coincident Indicator up 3.5% year-on-year in January 2016 The Central Bank's Coincident Indicator, an index of economic activity in Lebanon, reached 279.4 points in January 2016 compared to 302.3 in December 2015 and 269.9 in January 2015, reported Byblos Bank's Lebanon This Week. The Cost of mobile broadband in Lebanon is 61st lowest globally, eighth lowest among Arab countries The International Telecommunication Union (ITU) indicated that the cost of postpaid mobile-broadband services in Lebanon was $11 per month in 2014, which is equivalent to 1.34% of the country's gross national income (GNI) per capita, Beirut airport passengers up 11% in first quarter of 2016 Figures released by the Hariri International Airport (HIA) show that the number of airport passengers (arrivals, departures, transit) totaled 1,523,775 in the first quarter of 2016, constituting a rise of 10.8% from 1,374,825 passengers Consumer Price Index down 3% in first two months of 2016 The Central Administration of Statistics' Consumer Price Index declined by 3% in the first two months of 2016 from the same period of 2015, reported Byblos Bank's Lebanon This Week. Also, the CPI decreased by 2.9% in February 34 office projects are under construction in Beirut A recent market study conducted by RAMCO sarl on the office market in Beirut has revealed that 34 office projects are currently under construction in Municipal Beirut. This total represents 194,863 SQM of office space. The study