This year saw the launching of Beirut Terraces in Minet el Hosn — developer Benchmark’s second high-end project in the capital, with one of the highest prices per …
Category:
Business
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Despite many new brands entering the Beirut market for the first time this year, a large number of existing shops have chosen to use the revival of downtown Beirut …
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A remarkable 2010 witnessed the wholesale destruction of records in the real estate sector. Soaring tower heights were matched by booming construction activity, high-profile conventions, more sales than ever …
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Tourism Minister Fadi Abboud said in October that he expected 2010 to have been another bumper year for Lebanese tourism, predicting that revenues from the industry will hit nearly …
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The Islamic finance market is currently undergoing structural transformation. Arguably, the most significant legislative development in 2010 for the industry was the publication of the Sharia-compliant Tahawwut (hedging) Master …
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Lebanon’s car sector kept the pedal to the metal in 2010, estimated to be worth around $600 million. The 6.5 percent growth clocked in October maintained the momentum set …
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The final round of the 2010 Formula 1 Grand Prix Championship, held at Abu Dhabi’s Yas Marina Circuit, could have been pulled from the back pages of an airport novel: …
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The United Arab Emirates hascoveted for itself an image of unrivaled opulence, with few rivals on PlanetEarth. Dubai put a massive exclamation mark on this sentiment at the beginningof 2010 …
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Common sense is the currency of rational minds — in this respect Dubai may be short on change. On November 25, Dubai World, the wholly owned subsidiary of the …
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Recurring profitability The repeated act of earning more than is spent. “Banks have been hit by loan losses as well as investment losses due to the financial crisis. Recovering from …