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 …
Category:
Business
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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An uphill battle awaits the advertising sector in 2004 as it struggles to reverse a plunge in revenues – which have dropped roughly 30% since January 2003 – played out …
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April 2003 saw ACAL succeed in reaching a viable framework for the implementation of the 1972 law governing compulsory third party car insurance covering bodily damage. Although some may argue …