Changing hands in Cannes Eight months after Lebanese investor Toufic Aboukhater bought a string of seven InterContinental Hotels in Europe from Morgan Stanley Real Estate Fund, including the Carlton Hotel …
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Equity update 16/12/2011 18/11/2011 % change BLOM Stock Index 1,189.41 1,174.81 1.24 Daily Average Traded Volume 513,173 69,186 641 Daily Average Traded Value $1,945,930 $766,177 …
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“Let us not hide it, Europe may be swept away by the crisis if it doesn’t get a grip, if it doesn’t change. We don’t have the right to let …
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After a turbulent 2011, investors hoping for relief in 2012 are likely to be disappointed, with little prospect of a solution in Europe, an election year in the United States …
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Syria unrest sparks Lebanon banking downgrade Moody’s downgraded its outlook on Lebanon’s banking system to “negative” from “stable” due to weak economic growth and regional political unrest. Moody’s is concerned …
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Expensive tastes are exclusive ones — why spend thousands on an identikit interior when your home can be one-of-a-kind? But beyond the diamond-encrusted couches and Arabic-embroidered rugs hand-woven to order …
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A s minister of tourism, Fadi Abboud has seen Lebanon through the heyday of visitor arrivals in 2010 to the more barren roads of 2011, as well as the change …
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“Beirut is reaching its normal prices, but it’s still undervalued compared to Jordan, Syria and all the countries around us, although not as undervalued as the Metn [area]. The most …
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Beirut SE Review period: Jan 1, 2011 to Nov 24, 2011 > Closed at 728.99 points Period change: -25.01% One has to wonder what is worse for the economically-minded living …
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“The global picture is gloomy and the regional picture is not clear. Oil prices are still maintained but if the crisis persists there will not be enough global demand for …