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Wed, 07 Jan 2009 | 18:26 GMT
 
Top Lebanon News

  • US Ban On Beirut Building Project


    The US Treasury department banned any Americans from taking part in a construction project in Beirut, accusing Hizbollah of using the project to raise funds for terrorism. Financial Times - 07Jan 06:59GMT
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  • VideoLebanon forecasts 3% growth for 2009


    (Arabic) Lebanon's Ministry of Finance estimated a 3% real economic growth for 2009 which is less than the projected GDP because of the drop in remittances of Lebanese expatriates in the Gulf. Al-Arabiya - 06Jan 13:37GMT
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  • Children demonstrate in Lebanon against Gaza offensive


    Thousands of children organized a sit-in on Tuesday in front of the UN headquarters in the Lebanese capital Beirut to denounce the Israeli offensive in the Gaza Strip. AFP - 06Jan 13:35GMT
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  • Olmert warns Hezbollah against attacking Israel


    Prime Minister Ehud Olmert on Tuesday again sent a veiled warning to the Lebanese Hezbollah militia that Israel was ready to respond on its northern front if threatened. AFP - 06Jan 13:05GMT
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  • French president arrives in Lebanon seeking Gaza ceasefire


    French President Nicolas Sarkozy arrived in Beirut on Tuesday to meet with his Lebanese counterpart Michel Sleiman at the end of a Middle East tour aimed at achieving a ceasefire in the Gaza Strip. AFP - 06Jan 12:32GMT
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  • Israel Intensifies Violations Of Lebanon's Airspace


    Israel's air force stepped up reconnaissance flights over Beirut on Monday after a senior Israeli intelligence chief warned politicians that Hizbullah could launch an attack across the Lebanese border. The Daily Star - 06Jan 09:54GMT
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  • Lebanon: Skiers flock to newly whitened slopes in Faraya


    Skiers enjoyed a perfect day on the slopes at Faraya on Monday. With clear skies and fresh snow, the resort was busy as families enjoyed the ideal conditions. S The Daily Star - 06Jan 07:12GMT
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  • Shatah revises growth projection for Lebanese economy down to 3%


    Lebanon's Finance Minister Mohammed Shatah revised Lebanon's projected GDP growth for 2009 to 3 percent from 5 percent in light of the global financial crisis and the expected economic slowdown in the oil-rich Gulf Arab states. The Daily Star - 06Jan 05:27GMT
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  • Lebanon eager to stay out of Gaza conflict: minister


    All factions in Lebanon's governing coalition, including Shiite militant group Hezbollah, are keen not to get dragged into another conflict with Israel, at least for now, Information Minister Tarek Mitri said on Monday. AFP - 05Jan 13:32GMT
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  • Global guidebook takes Lebanese real estate down a peg in terms of cost


    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. The Daily Star - 05Jan 04:58GMT
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Lebanon Sees 2009 Growth At 3%
 
Arabic language (0:38)
Lebanon's Ministry of Finance has estimated a 3% real economic growth for 2009 - 06Jan
 
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On Its Fleet Again

Libyan Airlines rose from an eight-year ban in 1999 to resume  its international services. Since then, its rebuilding efforts have included a merger with Al Jamahiriya and in 2007, the Airline raised its paid up capital by 76% to USD136.5 million and ordered 15 airbus aircrafts.
 
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Will Lebanon be the Next Front?
Lebanese leaders have been eyeing the present conflict in the Gaza Strip with apprehension for fear it would spread to Lebanon.
 
 
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Israel chose its timing carefully when it decided to try to re-establish its power of deterrence, shattered two years ago when it went to war with Lebanon's Hizbollah and came up badly bruised.
 
 
A Boom Where Others Bust
If one thinks about how political unrest might damage the real estate sector in a country and then looks at the demand and price figures in Lebanon, there is a sense of awe, if not confusion.
 
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Company Ranking
Ranked by Market Cap 
Based on yesterday's close
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  Company Country Market
Capital
($mil)
1 Holcim Liban Lebanon 3,731
2 The Lebanese Company for the Development and Reconstruction of Beirut Central District Lebanon 2,796
3 BLOM Bank Lebanon 1,774
4 Bank Audi Lebanon 1,711
5 Bank of Beirut Lebanon 925
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