Business

2004 is already shaping up to be the year that “converged networking” (CN) – the merging of voice, data and video communications into one seamless system – truly came of …

Thirty years ago, the Murr Tower was a metaphor for promise-filled Lebanon. The brothers’ dream was to build, through their construction company La Liberal, Beirut’s first mixed use development, symbolizing …

Given that Lebanon’s restaurant market is notoriously fraught with high costs, cutthroat competition and seemingly inane bureaucratic hurdles, it is of little surprise that some of the country’s best known …

While new, high-end residential developments continue to define the current residential market, the bulk of Lebanon’s residential real estate sector is marked by illiquidity and inflexible prices because of many …

The mission was simple. A couple with a combined monthly income of $3,000, a salary that puts them in the top 10% of the nation’s earners, would go shopping for …

For the time being Verdun is still Beirut’s leading shopping district. This is the verdict from retailers and real estate brokers alike, who despite acknowledging that the area will eventually …

In the last two years, Gemaizeh, the neighborhood due east of the BCD, has seen property prices rise by an average of 50% across all categories, as restaurant owners, property …

E: What was the ministry’s strategy in 2003? AA: This year should see a robust and energetic campaign to promote the Lebanese tourist industry, especially in light of the encouraging …

Optimism has for years been a prominent feature of Lebanese banking, a central nerve embedded into the firm spine of conservatism that upholds the Lebanese banking and finance industries. The …

Ever-optimistic tourist industry insiders contend that 2003 has been a satisfactory year overall and that Lebanon will continue to replace Europe and America as the destination of choice for high-end …