Hold on Latakia Mass protests and domestic unrest in Syria have caused investment company Qatari Diar, the real estate arm of the Qatari Investment Authority sovereign wealth fund, to temporarily …
Real estate
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The threat that cultural heritage faces in Beirut as a result of rising land prices and the scarcity of empty plots is a familiar theme. There seems to be no …
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Illegal buildings on public property Security forces in Lebanon are cracking down on the illegal construction of residential buildings on public land. Particular areas of concern are Hezbollah-controlled regions in …
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Construction glides steadily Construction work is resuming its upward arch after a slow start in January, shooting up 26.6 percent in February to 1.16 million square meters, registering a total …
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Emaar’s mixed pie Emaar Chairman Mohamed Alabbar said in a February 10 statement, “We see 2011 to be a signature year for Emaar with significant revenue streams from international operations …
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Large price tag, small apartment In a study comparing the 2010 prices of 120-square-meter apartments across 92 cities, Beirut came in highest in the Arab world, and 33rd overall. That’s …
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Beirut real estate witnessed never-before-seen levels of building activity in 2010. The average value per property sale shot up a staggering 22 percent in the first nine months of last …
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Lebanon on fire A forest fire re-erupted one week after it had first started in Fitri, 45 kilometers north of Beirut, affecting a total of 150,000 square meters of forest …
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Mounib Hammoud is the chief operating officer at Solidere International (SI). With SI partnering with Egypt’s Six of October Development and Investment company (SODIC) for megaprojects in Cairo’s new Eastown …
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Cairo is hot, dusty, crowded, corrupt and dilapidated. The city’s resources have simply reached breaking point. Get stuck in one of the many traffic jams and it can take well …
