Economics Gold traded flat on Wednesday, perching near a 1-1/2-week high hit in the previous session as the US Federal Reserve reassured investors of its commitment to loose monetary policy, …
Solidere
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Economics After months of political wrangling, passage of Iraq's $118 billion budget still hangs on the semi-autonomous Kurdistan region's insistence that the government allocate $3.5 billion to pay oil companies …
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The current stock price of Solidere is hovering in the neighborhood of $13, far below its net asset value (NAV) estimated at $53, providing an interesting investment opportunity. In simple …
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In the olden days, Uruguay Street, behind what today is the Samir Kassir Square, was better known as the Souk El Kmash, or the “Clothes Market”, and was famous for …
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The company the Lebanese love to hate is Solidere, Lebanon’s largest developer tasked with rebuilding the Beirut Central District (BCD) after the civil war. While many enjoy sipping coffee by …
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Against a background of flatlining national economic growth, Lebanon’s retailers have suffered a double blow this year, with many big-ticket shoppers from Europe and the Middle East avoiding Beirut for …
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While 2010 saw the launching of five development megaprojects, all in downtown Beirut, this year saw a more modest track of real estate announcements. The biggest by far was the …
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Consumption is keeping Lebanon alive. As a major contributor to gross domestic product, the Lebanese penchant for luxury puts the shine on the countryโs numbers, financially precarious as it …
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E: The Souks Project is a quite misleading name. What is exactly meant by the term? Contrary to what many people think, the Souks Project does not refer to …
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American owned airlines have been prohibited from flying to Lebanon since 1985, when kidnappings and hijackings were more common than tourists at Beirut International Airport. But now Delta will become …