Economy

Malls and Markets in Lebanon Thriving... with an Eye on December

Malls and Markets in Lebanon Thriving... with an Eye on December

Despite the ongoing economic crisis that continues to loom over Lebanon, especially with the anticipated vacuum likely to freeze hopes for even temporary economic solutions, Lebanese people are preparing for the holidays with joy and enthusiasm, which is reflected in their daily and shopping activities.

Lebanon's malls and commercial markets are donning festive decorations, and the activity within them is indicative of the potential goods the next two months might bring, particularly for commercial movements that have experienced stagnation following the summer season. Christmas decorations and trees have been displayed early in the malls, some of which are old and others new, to welcome visitors, especially children.

In this context, the President of the Jounieh and Keserwan-Ftouh Traders Association, Sami Ireini, stated that "expectations are positive for next month in terms of market activity, particularly with the arrival of expatriates, which could be similar to summer; traders are excitedly preparing for the season, and citizens will find many offers while prices are excellent and considerate of the circumstances, noting that traders' profits have decreased significantly due to exchange rate fluctuations." He also highlighted, in a discussion via mtv, that "Jounieh will don festive attire in the coming days, and a giant Christmas tree will be raised to welcome visitors. Additionally, those heading to the city will encounter various Christmas activities in the old Jounieh market across from the municipality building from December 18 to 22."

For his part, the General Manager of a large commercial complex in Nahr El-Mout in Metn, Wissam Abou Joude, pointed out that "the current activity is acceptable during weekends and holidays, becoming less bustling in the middle of the week, and is constantly influenced by any political or security updates in the country." He added, while discussing preparations for the holiday month on our platform, that "visitors to the mall will enjoy numerous activities for both adults and children, such as performances and parades, and holiday decorations will continue in the coming days. We have used decorations from previous years due to the economic crisis and rising prices; however, we recycled them and added some new pieces to create a special atmosphere."

In response to a question about his expectations for holiday commercial activity, he replied, "We are expecting a good season, and our expectations are positive, especially with the return of Lebanese who left their homeland recently, along with 'old' expatriates, but we do not have any data on the arrival of tourists from various nationalities."

All eyes are on December, hoping it will bring positive economic vibes that will restore some life to Lebanon's commercial markets and malls, which are preparing with all their capabilities and energies for the joyous holidays.

In conclusion, a call to expatriates planning to visit Lebanon soon: do not bring gifts from abroad; rather, buy them in Lebanon for your loved ones to contribute to revitalizing your country's economy, which is eagerly awaiting you.

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