Real Estate & Property Investment News in Lebanon from Propertyshowrooms.com

Global guidebook takes Lebanese real estate down a peg in terms of cost

Mon, 5 Jan 2009 00:00:00 GMT

The Global Property Guide's annual report on real estate investment trends around the world indicated that Lebanon ranked in 60th place globally, up from 62nd place in 2007, and 4th among 10 markets in the Middle East & North Africa in terms of "roundtrip transaction costs" (RTCs) which reflects all costs of buying and reselling a residential property, expressed as a percentage of the property value...

JA inaugurates 8 new aircraft at Beirut International Airport

Wed, 5 Nov 2008 00:00:00 GMT

Kuwait and Dubai based airline Jazeera Airways celebrated an historic event at Beirut Rafic Hariri International Airport, with the delivery and inauguration of the airline's eighth new aircraft...

Wanted: Architect to build Beirut's world-class House of Arts and culture

Thu, 28 Aug 2008 00:00:00 GMT

A joint plan between the Lebanese and Omani governments to build a world-class House of Arts and Culture in downtown Beirut is taking shape - and seeking an architect...

Profit-taking drives down Beirut Stock Exchange

Mon, 25 Aug 2008 00:00:00 GMT

Activity on the Beirut Stock Exchange was driven by the adverse information relating to the EFG Hermes and Bank Audi merger news. This in line triggered a wave of heavy selling on the part of investors that rushed to limit their financial portfolio losses by profit taking on their Solidere stocks...

Aridi calls for keeping political bickering away from Beirut's airport

Wed, 20 Aug 2008 00:00:00 GMT

Lebanese minister of Public Works and Transport Ghazi Aridi said on Tuesday that Rafik Hariri International Airport should remain above the political bickering in the country...

MEA chairman proposes Beirut flight-training center

Wed, 6 Aug 2008 00:00:00 GMT

Middle East Airlines (MEA) chairman Mohammed Hout proposed on Tuesday the creation of an advanced aviation training center in Beirut...

Trading slows on BSE as investors show caution over political paralysis

Mon, 4 Aug 2008 00:00:00 GMT

Activity on the Beirut Stock Exchange last week was overshadowed by the political impasse resulting from the disagreement over the ministerial statement, and cautious investor sentiment replaced the preceding profit taking...

Construction on the rise in Lebanon in first half of 2008

Wed, 23 Jul 2008 00:00:00 GMT

Figures released by the Order of Engineers of Beirut and Tripoli reveal that construction permits totaled 5,074,893 million square meters in the first half of 2008, up by 24.8 percent from 4,066,666 square meters in the same period the previous year...

Despite Open-Sky Jitters MEA Profits Keep Soaring

Mon, 21 Jul 2008 00:00:00 GMT

Since the introduction of the open sky policy, more than 45 foreign and Arab airlines are currently flying to Beirut airport. MEA grew rapidly in the years since the law's passage, with an expansion of its fleet and annual profit increases...

IFC Invests in Lebanese Butee Group to Enable Expansion

Fri, 18 Jul 2008 00:00:00 GMT

The International Finance Corporation (IFC), the private arm of the World Bank, acquired Thursday a minority share in a leading Lebanese construction company...

Finance Ministry reports hike in real-estate dealings in Lebanon

Wed, 16 Jul 2008 00:00:00 GMT

The number of real-estate sales operations in Lebanon in the first five months of 2008 rose by 19.4 percent compared to the same period of 2007, according to the figures released by the Directorate of Real Estate at the Finance Ministry...

Arab Finance Corporation offers online access to BSE

Tue, 8 Jul 2008 00:00:00 GMT

Arab Finance Corporation launched the first online trading service providing direct market access to the Beirut Stock Exchange (BSE)...

Emirates Lebanon Bank seeks approval for acquisition of local BNPI activities

Wed, 2 Jul 2008 00:00:00 GMT

Emirates Lebanon Bank , a fully owned subsidiary of UAE-based Bank of Sharjah, has filed for regulatory approval from the Central Bank to acquire the activities of the Lebanese branch of Banque Nationale de Paris Intercontinentale (BNPI)...