Lebanon’s wedding season in full swing despite financial turmoil

The cost of weddings has increased more than sevenfold for couples opting to pay in Lebanese pounds. (Shutterstock)
Short Url
Updated 17 August 2021
Follow

Lebanon’s wedding season in full swing despite financial turmoil

  • Many people were outraged by the Lebanese ruling class’ lack of empathy and sensitivity to people’s suffering
  • “Last year, there was not much work because of two factors: the pandemic and the Aug. 4 blast,” said a luxury wedding planning owner

BEIRUT: Last month, photos and videos of the luxurious wedding of the daughter of former Hezbollah MP Nawwar Al-Sahili circulated online, stirring bitterness and dismay among many on social media.
Many people were outraged by the Lebanese ruling class’ lack of empathy and sensitivity to the suffering of the people as Lebanon falters through its worst financial crisis in 150 years. But what many don’t know is that hundreds, possibly thousands of weddings have taken place since April, both modest and lavish, and the wedding season seems in full swing.

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

A post shared by thawramap (@thawramap)

“Last year, there was not much work because of two factors: the pandemic and the Aug. 4 blast,” Tarek Ladiki Barbor, owner of luxury wedding planning company Oui Concept, told Arab News, referring to the explosion that destroyed much of the Port of Beirut, leaving 218 dead, 7,500 injured and 300,000 homeless.
Last year, he had 49 weddings planned and scheduled, but only 10 of them went ahead because of the aforementioned factors.
This year, however, his company has organized 66 weddings so far, a more than sixfold increase since last year.
“We also received many requests for indoor engagements and wedding dinners, but we actually don’t have the capacity for such events,” he said. Barbor’s company only handles weddings that cost a minimum of $15,000, and payment is preferred to be in US dollars.




Former Hezbollah MP Nawwar Al-Sahili walks his elegantly-dressed daughter through fireworks-laden walkways and striking strobe lights. Hundreds of weddings have taken place since April as wedding season seems in full swing. (Screenshot)

As for the cost of the weddings, it has increased more than sevenfold for couples opting to pay in Lebanese pounds. But for those willing to pay in dollars, the cost has actually decreased by more than 60 percent, according to Maguie Jaber, food and beverage manager at the Lancaster Hotel in Ramlit el Baida, Beirut.
“We used to charge $80-$90 per wedding guest before the crisis, when the Lebanese pound was pegged to the dollar at the rate of 1,500. Now we charge around $30 per guest. This decrease in dollar prices is also happening in all sectors because of the lira crisis,” Jaber said.
Indeed, since October 2019, the Lebanese lira has lost more than 90 percent of its value and now trades at more than 20,000 to the dollar on the black market.
Among those pushing ahead with lavish weddings amid this turmoil are Maureen Mahfouz and Frederic Bejjani, who were wed last week in Bekaa. The wedding, hosting 160 invitees, cost them close to $30,000 and, says Mahfouz, they were very happy with their special day.
“We realize we could have gone to a smaller, less expensive wedding venue but, well, we wanted a nice wedding,” he said. “We used a large chunk of our savings, and it was worth it.”
It should be noted that both Mahfouz and her husband work in the NGO sector, where they get paid in dollars.
However, wedding season in Lebanon may soon wane again, according to economist Bassel Al-Khatib.
An impending lockdown is likely because of the spread of the delta variant of coronavirus disease (COVID-19), he said.
A severe shortage of fuel will soon affect the hotel and tourism sectors, and therefore the wedding sector as well.
“I personally predict that we will go through another lockdown soon,” Al-Khatib said, “and that the economic crisis in Lebanon will only worsen because of the fuel shortage, whereby we will see fuel being sold in the black market.
This will cause restaurants, hotels and wedding venues to close.”
In the meantime, the party continues.

 


First EU–Saudi roundtable on critical raw materials reflects shared policy commitment

Updated 16 January 2026
Follow

First EU–Saudi roundtable on critical raw materials reflects shared policy commitment

RIYADH: The EU–Saudi Arabia Business and Investment Dialogue on Advancing Critical Raw Materials Value Chains, held in Riyadh as part of the Future Minerals Forum, brought together senior policymakers, industry leaders, and investors to advance strategic cooperation across critical raw materials value chains.

Organized under a Team Europe approach by the EU–GCC Cooperation on Green Transition Project, in coordination with the EU Delegation to Saudi Arabia, the European Chamber of Commerce in the Kingdom and in close cooperation with FMF, the dialogue provided a high-level platform to explore European actions under the EU Critical Raw Materials Act and ResourceEU alongside the Kingdom’s aspirations for minerals, industrial, and investment priorities.

This is in line with Saudi Vision 2030 and broader regional ambitions across the GCC, MENA, and Africa.

ResourceEU is the EU’s new strategic action plan, launched in late 2025, to secure a reliable supply of critical raw materials like lithium, rare earths, and cobalt, reducing dependency on single suppliers, such as China, by boosting domestic extraction, processing, recycling, stockpiling, and strategic partnerships with resource-rich nations.

The first ever EU–Saudi roundtable on critical raw materials was opened by the bloc’s Ambassador to the Kingdom, Christophe Farnaud, together with Saudi Deputy Minister for Mining Development Turki Al-Babtain, turning policy alignment into concrete cooperation.

Farnaud underlined the central role of international cooperation in the implementation of the EU’s critical raw materials policy framework.

“As the European Union advances the implementation of its Critical Raw Materials policy, international cooperation is indispensable to building secure, diversified, and sustainable value chains. Saudi Arabia is a key partner in this effort. This dialogue reflects our shared commitment to translate policy alignment into concrete business and investment cooperation that supports the green and digital transitions,” said the ambassador.

Discussions focused on strengthening resilient, diversified, and responsible CRM supply chains that are essential to the green and digital transitions.

Participants explored concrete opportunities for EU–Saudi cooperation across the full value chain, including exploration, mining, and processing and refining, as well as recycling, downstream manufacturing, and the mobilization of private investment and sustainable finance, underpinned by high environmental, social, and governance standards.

From the Saudi side, the dialogue was framed as a key contribution to the Kingdom’s industrial transformation and long-term economic diversification agenda under Vision 2030, with a strong focus on responsible resource development and global market integration.

“Developing globally competitive mineral hubs and sustainable value chains is a central pillar of Saudi Vision 2030 and the Kingdom’s industrial transformation. Our engagement with the European Union through this dialogue to strengthen upstream and downstream integration, attract high-quality investment, and advance responsible mining and processing. Enhanced cooperation with the EU, capitalizing on the demand dynamics of the EU Critical Raw Materials Act, will be key to delivering long-term value for both sides,” said Al-Babtain.

Valere Moutarlier, deputy director-general for European industry decarbonization, and directorate-general for the internal market, industry, entrepreneurship and SMEs at European Commission, said the EU Critical Raw Materials Act and ResourceEU provided a clear framework to strengthen Europe’s resilience while deepening its cooperation with international partners.

“Cooperation with Saudi Arabia is essential to advancing secure, sustainable, and diversified critical raw materials value chains. Dialogues such as this play a key role in translating policy ambitions into concrete industrial and investment cooperation,” she added.