Lebanon’s real estate sector sees major slowdown as financial crisis deepens

Lebanon’s real estate sector sees major slowdown as financial crisis deepens

[ad_1] Beirut: The development of Lebanon’s real estate sector is slowing down, with demand for properties falling by around 80 per cent in 2022 and 2023 compared to the years before the ongoing financial crisis which first erupted in 2019, according to economists. Nassib Ghobril, head of the economic research department at Byblos Bank, told … Read more

Lebanon’s assistance for quake-hit Syria of great help: Syrian PM

Lebanon’s assistance for quake-hit Syria of great help: Syrian PM

[ad_1] Emergency workers and medics rescue a woman out of the debris of a collapsed building in Elbistan, Kahramanmaras, in southern Turkey, Tuesday, Feb. 7, 2023. (Photo: AP) Damascus: Syria’s Prime Minister Hussein Arnous has said the support and assistance offered by Lebanon have greatly alleviated the consequences of the disastrous earthquake in his country. … Read more