Nov 29 2012
The Canadian think tank, Fraser Institute, has released their report on economic freedom in the Arab World, placing Lebanon in fifth position, along with Oman. According to the think tank, economic freedom centers around the size of government, commercial and economic law and security of property rights, access to sound money, freedom to trade internationally …
Jun 14 2012
Very few will be surprised with this news from consultancy firm Mercer: Abu Dhabi lost its lead as the Middle Eastern city with the highest cost of living to Beirut, while Dubai fell back 12 places in the global ranking, the Worldwide Cost of Living 2012, which was published by consultancy firm Mercer, on Tuesday. Beirut …
Nov 23 2011
If you are a Lebanese expat and regularly send money back to your home country, you can give yourself a pat on the back for keeping Lebanon economically kicking: In Lebanon, which is the world’s eighth-largest recipient of overseas remittances, remittance inflows account for 21.4 per cent of gross domestic product and help keep the …
Dec 30 2010
Hotels.com has its list of hot 2011 travel destinations with Beirut making the cut: Lesser-known competitively priced destinations are attracting interest from British travellers in 2011, a new poll shows. The beachside resort of Buzios in Brazil and Lebanese capital of Beirut are top of the wish list, according to research by Hotels.com. [...] Interest …
Oct 03 2010
Arabian Business is raising the alarm — investors need to be wary of their investments in Lebanese real estate: “In Beirut there is a real estate bubble… I think the real estate prices are lofty,” Paolo Moscovici, managing director of JP Morgan private bank in the Middle East, told Arabian Business in an interview published this …
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