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Lebanese housing bubble. The Lebanese housing bubble refers to an economic bubble affecting almost all of the Lebanese real estate sector, whereby property prices have risen exponentially since 2005 (an average 5-fold increase as of February 2010), while the GDP has risen only around 52% during that same period. [1]
Beirut (/ b eɪ ˈ r uː t / bay-ROOT; [3] Arabic: بيروت, romanized: Bayrūt ⓘ / b eɪ ˈ r uː t /) is the capital and largest city of Lebanon.As of 2014, Greater Beirut has a population of 2.5 million, [4] which makes it the third-largest city in the Levant region and the thirteenth-largest in the Arab world.
6,699 (2009) Annual revenue. $163,486,146 (2009) Website. www.portdebeyrouth.com. Beirut Container Terminal Consortium. The Port of Beirut (Arabic: مرفأ بيروت) is the main port in Lebanon on the eastern part of the Saint George Bay on Beirut's northern Mediterranean coast, west of the Beirut River. It is one of the largest and busiest ...
Beirut Terraces is a residential skyscraper in the Central district of downtown Beirut, Lebanon. It is located at 1399 Fouad Najjar Street in the Minet el-Hosn neighborhood, south of the Platinum Tower. [ 2][ 4] It has 26 floors with an overall height of 119.5 m (392 ft). [ 1] The building construction started in 2011 and finished in 2017.
Dahieh (Arabic: الضاحية الجنوبية, lit. 'the southern suburb', French: Banlieue Sud de Beyrouth, Dâhiye de Beyrouth) is a predominantly Shia Muslim suburb in the south of Beirut, in the Baabda District of Lebanon. It has a minority of Sunni Muslims, Christians, and a Palestinian refugee camp with 20,000 inhabitants.
September 18, 2024 at 11:43 AM. Hezbollah has vowed to respond to an Israeli attack that killed multiple people and injured thousands across Lebanon on Tuesday when pagers belonging to members of ...
Achrafieh (Arabic: الأشرفية) is an upper-class area in eastern Beirut, Lebanon. [1] In strictly administrative terms, the name refers to a sector (secteur) centred on Sassine Square, the highest point in the city, as well as a broader quarter (quartier). In popular parlance, however, Achrafieh refers to the whole hill that rises above ...
Displaced. ≈300,000. On 4 August 2020, a large amount of ammonium nitrate stored at the Port of Beirut in the capital city of Lebanon exploded, causing at least 218 deaths, 7,000 injuries, and US$ 15 billion in property damage, as well as leaving an estimated 300,000 people homeless. A cargo of 2,750 tonnes of the substance (equivalent to ...