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Beirut

Saudi King Abdullah Econ City Cost Goes Up To SAR375B - Report

BEIRUT (Zawya Dow Jones)--The cost of infrastructure and property construction in Saudi Arabia's King Abdullah Economic City, or KAEC, will increase to 375 billion Saudi riyals ($100 billion) after expanding the project's area...

UAE Zaya RE To Invest $10B In Projects Over 5 Years - Report

BEIRUT (Zawya Dow Jones)--U.A.E.-based Zaya Real Estate Development plans to invest $10 billion in new projects in the Arab region over the coming five years, Riyadh-based Al Jazirah daily reports Saturday. Zaya is seeking to...

Jazan Economic City Project To Include Existing Jazan - Report

BEIRUT (Zawya Dow Jones)--The Jazan Economic City project in Saudi Arabia will be expanded to include the existing Jazan city as directed by Saudi King, Al Riyadh daily reports Saturday. The existing Jazan city will be...

Global Crisis May Hit Egypt Real Estate Sector - Report

BEIRUT (Zawya Dow Jones)--The global financial crisis might hit the Egyptian real estate sector and the government should act quickly and take protective measures, pan-Arab daily Asharq Al Awsat reports Saturday citing Egyptian...

Lebanon Banks Assets Up 14% At $90.7 Bln In August

BEIRUT (Zawya Dow Jones)--Combined assets of Lebanon's commercial banks grew 14% year-on-year to hit $90.7 billion in August, a report by the country's Blom Bank said Saturday. Foreign assets, however, fell to $18.85 billion in...

Allouch: we still expect Hezbollah apology for Beirut

Future Movement MP Mustafa Allouch told LBC television on Saturday that the expected a meeting between Hezbollah Secretary General Sayyed Hassan Nasrallah and Future Movement leader MP Saad Hariri will not change the political...

Iran, Lebanon review expansion of mutual relations

Iran's Ambassador to Beirut Mohammad-Reza Sheibani on Saturday conferred with Lebanese Foreign Minister Fawzi Salloukh on expansion of relations between the two countries. Speaking to IRNA after the meeting, he said the two...

Lebanon’s laureates

The Nobel Prizes awarded this week have sidestepped Lebanon this time. But a look at the history of the awards shows that the Lebanese have reached beyond the borders of their little country and distinguished themselves worldwide.

Iran’s War

Twenty-five years ago, several hundred U.S. Marines were stationed in Beirut on a peace-keeping mission. On September 26, an official with the Iranian Intelligence Service in Tehran phoned the Iranian ambassador in Damascus and...

Bello on meltdown

Flying into New York Tuesday, I had the same feeling I had when I arrived in Beirut two years ago, at the height of the Israeli bombing of that city — that of entering a war zone. The immigration agent, upon learning I taught...