Saturday 29 November 2014
 
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lebanon

Soma's beach project wins top Lebanese award

International architecture firm Soma said its luxurious seaside development Amchit Bay Beach Residences has won top honours at the 2014 Real Estate Awards Lebanon awards. These awards recognise the most outstanding development pro

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DI in deal to set up Lebanese university at DIP

Dubai Investments, a leading investment company listed on the Dubai Financial Market, has signed a deal with Lebanon-based non-profit higher education institution University of Balamand, to establish an academic campus at its Dubai Investment Pa

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Lebanon’s revenues to hit $10.6bn in 2014

Lebanon’s public revenues are likely to hit L£16 trillion ($10.6 billion) in 2014, posting double-digit growth from L£14.2 trillion ($9.2 billion) last year, said a report. The rise in revenues is also seen swing

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Unido launches new project to back SMEs in Lebanon

The United Nations Industrial Development Organization’s (Unido) office in Beirut has launched a new project for supporting the manufacturing capacities of small and medium-sized enterprises (SMEs) and co-operatives, in co-operation with L

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Lebanon's real estate transactions hit $6.7bn

Lebanon has registered real estate transactions worth $6.7 billion in the first nine months of 2014, up 10.6 per cent over $6 billion during the same period last year, said a report. A total of 795 real estate transactions had bee

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Lebanon plans $1 billion economic stimulus for 2015

Lebanon is planning a $1 billion economic stimulus package for 2015 to maintain growth and support an economy which has been hit by a three-year conflict in neighbouring Syria, the central bank governor said. Riad Salameh said he

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Arab Bank’s internet banking services wins award

Arab Bank recently received the Best Corporate and Institutional Internet Bank in Lebanon award from the international magazine, Global Finance, for its “Corporate@Arabi&rdquo

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Lebanon sees 1.5-2pc GDP growth despite Syria crisis

Lebanon's economy is expected to grow 1.5 to 2 per cent and inflation is not expected to exceed 4 per cent in the year 2014, despite the fall-out from the war in neighbouring Syria, the central bank governor said on Monday. Le

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US sends arms to bolster Lebanon army

The United States has begun delivering nearly $20 million of arms including assault rifles, anti-tank missiles and mortars to bolster Lebanon's army after Islamist insurgents seized a border town for several days this month, US officials sai

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Egypt calls for Gaza ceasefire as fighting rages

Egypt called on Israel and the Palestinians on Saturday to halt hostilities and resume peace talks, but both sides kept up attacks, including an Israeli air strike which destroyed a residential tower block in the centre of Gaza City.

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