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Written by Javid Hassan
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Saturday, 21 October 2006 |
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Oct. 21, 2006, Arab News- The Council of Saudi Chambers of Commerce and Industry is planning to open an office in Beirut to size up the losses sustained by Saudi businessmen during Lebanon's 33-day war with Israel. |
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Written by BBC
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Thursday, 19 October 2006 |
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In normal times, business on Beirut's busy seafront would be brisk. But, in the aftermath of the recent conflict, the Beirut Cafe on the Corniche is struggling to get back on its feet. Oct. 17, 2006- "This place is for tourists," says cafe manager Raydan Diab. "There is nobody. Everybody left." This would usually be the busiest time of year for him and his staff, he adds: "We don't sit as you see now. We are always working." |
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Written by AFP
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Thursday, 19 October 2006 |
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Oman's Sultan Qaboos has granted 50 million dollars to help Lebanon recover from the devastation inflicted by the Israeli offensive on the country, Information Minister Ghazi Aridi has revealed. |
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Written by CNN
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Thursday, 12 October 2006 |
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Oct. 11, 2006- With 220 kilometers of Mediterranean coastline and 300 days of sun per year, Lebanon's beaches are one of the country's main assets and millions of dollars have been invested in the past few years to develop dozens of resorts along the coast. |
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Written by Herald Sun
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Wednesday, 04 October 2006 |
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From correspondents in Beirut LEBANON is reeling under severe hardships nearly two months after an Israeli offensive destroyed much of its infrastructure and devastated its economy. Since a UN-brokered ceasefire put an end to Israel's month-long war on the Lebanese militant group Hezbollah on August 14, economic indicators have slid in the areas of exports, tourism, ports and airport activities and government revenues. |
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Written by Naharnet
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Monday, 04 September 2006 |
Qatari Company Pledges $70 Million to Invest in Soldiere
A Qatari company pledged to invest around 70 million dollars in Soldiere, As Safir daily newspaper reported.
"As-Salam Group" informed one of the Lebanese banks with which it deals that it has decided to invest in real estate projects at the giant real-estate company worth 70 million dollars.
The investment comes amid a flurry of other Arab projects to invest in the real-estate sector especially in Downtown Beirut.
The Qatari company includes Qataris and other Arab investors.
Beirut, 04 Sep 06, 14:35 |
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Written by AFP
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Thursday, 31 August 2006 |
Lebanon Fears Major Layoffs, Surge in Unemployment up to 20%
War-damage to Lebanese businesses and a debilitating seven-week Israeli blockade will lead to large-scale layoffs and a spike in unemployment, analysts say.
Companies laid off thousands of workers after Israeli troops launched a massive offensive in Lebanon on July 12 against Hizbullah, bosses and trade unions say.
Economist Kamal Hamdan forecast that unemployment could more than double from the official level of nine percent before the fighting to as high as 20 percent in the coming months.
"Lebanon could see a surge of layoffs owing to an uncertain political future and lack of agreement on reconstruction issues," he told AFP. |
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