by Lebanon News Under Rug Swept | Nov 29, 2012 | Economy
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...
by Lebanon News Under Rug Swept | Jun 14, 2012 | Economy
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...
by Lebanon News Under Rug Swept | Nov 23, 2011 | Economy
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...
by Lebanon News Under Rug Swept | Dec 30, 2010 | Economy
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...
by Lebanon News Under Rug Swept | Oct 3, 2010 | Economy
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...
by Lebanon News Under Rug Swept | Jul 7, 2010 | Economy
The story of the gas find off the coast of Israel (or possibly Lebanon) will not go away. Here’s a map I was able to find of the gas fields in question (from Green Prophet): Israeli billionaire, Yitzhak Tshuva, who controls Noble Energy Inc. (the company that...