Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Syrian workers force unemployment to rise in Lebanon - UN-ESCWA  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 25/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Kuwait News Agency (KUNA)) The growing number of Syrian workers in Lebanon has force unemployment to rise in the country specially among youth, a UN Economic and Social Commission for Western Asia (UN-ESCWA) official said Friday



Abdullah Dardari, Director of Economic Development and Globalization Department, said the Syrian workers triggered an increase of the already high unemployment rate among the Lebanese people because the Syrians were cheap laborers



He was speaking at a news conference held at the UN House in Beirut to discuss a report about the economic projections in the world for 2014



Dardari said the Gross Domestic Product (GDP) in the area has increased because of the rising prices of oil coupled with improvement of economies of the Arab Gulf countries



The report expected the GDP grow by 3.9 percent in Jordan and 2.4 percent in Lebanon




However Dardari said the figures should be examined cautiously because the number of expatriates rose by 15 percent in Jordan and by 25 percent in Lebanon



The World Bank said the Lebanese economy has suffered nearly USD 7.5 billion in losses due to the Syrian conflict that started in 2011, which would result in sending around 170,000 Lebanese people to live below the poverty line as well as pushing unemployment to over 20 percent



Meanwhile, UN-ESCWA Economic Advisor Sandra Saghir Syria has lost 37 years of development because of the bloody conflict, which killed up to 140,000 people and displaced millions others



Syria is losing USD 109 million of its GDP in everyday of the conflict, which further complicated the reconstruction, she said.

 


Kuwait News Agency (KUNA)




  MENA News Headlines
 Aug 30 2016 - How Can You Beat the Shark: The US Legal Battle of Pharma and BiotechMENAFN Press
(MENAFN Press) How Can You Beat the Shark: The US Legal Battle of Pharma and Biotech Jim Nelson Biosimilars Europe 2016 Regulatory guidance given at the SMi's 7 annual Biosimilars Europe ...

 Aug 30 2016 - Infectious Diseases Author and Novel Vaccine Pioneer, Dr Mahesh Kumar to Open Day 2 of Superbugs USA CongressMENAFN Press
(MENAFN Press) Infectious Diseases – Author and Novel Vaccine Pioneer, Dr Mahesh Kumar to Open Day 2 of Superbugs USA Congress Superbugs USA 2016 Zoetis to give exclusive update at Superbugs USA ...

 Aug 30 2016 - TouchstoneEnergy continues expansion into North America with new Downstream Trading customer acquisitionMENAFN Press
(MENAFN Press) TouchstoneEnergy continues expansion into North America with new Downstream Trading customer acquisition TouchstoneEnergy was approached by an energy trading company based in Texas ...

 Aug 30 2016 - Discrimination and Unequal Treatment of the Disabled Leads to Many Untimely DeathsMENAFN Press
(MENAFN Press) Discrimination and Unequal Treatment of the Disabled Leads to Many Untimely Deaths Jonathan Carey "Champion for the Disabled" Born September 12,1993 Killed by caregivers on February ...

 Aug 30 2016 - RightAnswers Selected in KMWorld Trend-Setting Products 2016MENAFN Press
(MENAFN Press) RightAnswers Selected in KMWorld Trend-Setting Products 2016 RightAnswers named to KMWorld Trend-Setting Products 2016 Innovations in RightAnswers Knowledge Management Software ...

 Aug 30 2016 - Focus on HVAC for upcoming projects in EgyptMENAFN Press
(MENAFN Press) Focus on HVAC for upcoming projects in Egypt The 2nd Annual HVAC Egypt Conference is taking place from 7 - 8 November 2016 in Cairo, Egypt. Officially endorsed by the ASHRAE Cairo ...

 Aug 30 2016 - Intratec Reveals Production Costs of Green Chemicals and BiofuelsMENAFN Press
(MENAFN Press) Intratec Reveals Production Costs of Green Chemicals and Biofuels New reports evaluate the economic feasibility of chemicals manufacturing through alternative, bio-based routes ...

 Aug 30 2016 - Proactive profit protection becoming critical for Middle East retailersMENAFN Press
(MENAFN Press) Proactive profit protection becoming critical for Middle East retailers Retailers across the Middle East are focused on transitioning their loss prevention functions from a support ...

 Aug 30 2016 - Herakles Farms: US Government Bullied Cameroon into Land Grab LeaseMENAFN Press
(MENAFN Press) Herakles Farms: US Government Bullied Cameroon into Land Grab Lease By exposing the dubious tactics of the US government, we hope that Cameroonian officials will side with the ...

 Aug 30 2016 - Bangladesh upholds Islamist tycoon's death sentenceGulf Times
(MENAFN - Gulf Times) Bangladesh's top court on Tuesday upheld the death sentence for a top tycoon and senior leader of the country's largest Islamist party, paving the way for his execution possibly ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help