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The Independent UK
The Independent UK
National
Malak Harb and Kareem Chehayeb

War worsens Lebanon's economic crisis with job losses, price gouging and slow business

Lebanon Economy Battered by War - (Copyright 2026 The Associated Press. All rights reserved)

Ayman al-Zain watched on a recent afternoon as a bulldozer cleared the rubble of what used to be his sports clothing store, which was one of dozens of buildings destroyed in Israeli strikes against the Hezbollah militant group.

With a nominal truce in place that has reduced but not halted the fighting, Al-Zain tried to assess whether to rebuild the shop in Beirut’s southern suburbs that he once hoped to pass down to his kids. But it's unlikely he will be able to do so anytime soon, and not only because of the fear of more airstrikes.

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