The Lebanese might be excused for laughing at the suggestion that their country is set to become a regional telecommunications hub. But while farcical Internet speeds, unreliable service and inflated …
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Beirut is in the global top 10 when it comes to upscale expatriate rental costs and in the top third for the cost of offices, according to survey results cited …
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Investments coming into Lebanon from abroad totaled just $1.1 billion in 2012, down almost 70 percent on 2011 and the second sharpest decline amongst emerging markets, according to a report …
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Lebanon’s real economic growth was a meager 0.8 percent in 2012, according to the most recent evaluations from The Institute of International Finance (IIF), compared to an expansion of 1.8 …
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To support Lebanon’s small and medium-sized enterprises (SMEs), the World Bank has extended a $30 million, 17-year soft loan to Kafalat, the government-sponsored loan guarantee company. With this loan, Kafalat …
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Lebanon is now a fully operational resort, but it had to be sold at a 42 percent discount on the original land price — the island, that is, in the …
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Even with a consenting and eager family backing the enterprise, the birth of a new real estate giant in Abu Dhabi has not been a simple procedure; however, the emergence …
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Property transactions registered with the Lebanese government in 2012 reached a value of $9.2 billion representing a 3.8 percent annual increase, according to official statistics cited by Bank Audi’s Lebanon …
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Middle East Airlines (MEA) has finalized an agreement to purchase 10 new planes worth $1 billion from Airbus. The national carrier is purchasing five A321neo and five A320neo aircraft, which …
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Loans provided to Lebanese small and medium enterprises (SMEs) by Kafalat, the government-sponsored loan guarantee company, dropped by 16 percent in 2012 to $138 million, down from $165 million. No …