Top Lebanon News

ME Hotel Occupancy Highest In World

The Middle East has the highest occupancy and average room rates in the world at 75.3 percent and US$180 respectively. Press Release - 21Aug 11:26GMT
Lebanon dismisses Israeli warnings over Hezbollah

Lebanese Foreign Minister Fawzi Salukh dismissed as "ravings" on Thursday Israeli threats to target the country's civilian infrastructure if the government gives greater legitimacy to the Shiite militant group Hezbollah. AFP - 21Aug 11:05GMT
Diplomatic ties, new army chief top Lebanese Cabinet agenda

Lebanon's government will meet Thursday with two issues high on its agenda; appointing a new Lebanese Armed Forces (LAF) commander and issuing an executive decree to establish diplomatic ties between Beirut and Damascus. The Daily Star - 21Aug 08:51GMT
Bassil vows to cut Lebanese land-line rates further

Telecommunication Minister Jebran Bassil said on Wednesday that the ministry and Ogero, the state-owned land-line company, are planning further cuts on the fixed telephone charges. The Daily Star - 21Aug 08:45GMT
Hariri launches bold bid to improve education in Lebanon

Lebanese education minister Bahia Hariri announced plans to make the upcoming 2008- 2009 academic year a "real success on all levels." The Daily Star - 21Aug 08:40GMT
WSP Middle East launches a Transportation department in the region

Leading engineering consultancy, WSP Middle East, recently launched a Vertical Transportation department specialising in the movement of people and materials in a buildings environment. Press Release - 21Aug 07:15GMT
Corporate liquidity risk to rise in 2010

Liquidity risk for corporates in the EMEA and Asia-Pacific regions will become more pronounced in 2010 as various factors come into play, says a new study. Emirates Business 24/7 - 21Aug 06:03GMT
Laptop market in Middle East grows 87%

Nearly 816,000 laptops were sold in the Middle East in the second quarter, compared to 430,000 in the same period last year, an increase of about 87 per cent, according to International Data Corporation (IDC) research. Gulf News - 21Aug 05:20GMT
40,000 Kuwaitis Visited Lebanon This Year

Charge D'Affaire at the Kuwaiti embassy in Lebanon Mohammad Faisal Al-Mutairi affirmed Wednesday that the return of the political and security stability here attracted Kuwaitis back to Lebanon. KUNA (Kuwait News Agency) - 20Aug 13:11GMT
Israel warns Lebanon to keep distance from Hezbollah

Israel has warned the Lebanese government against giving greater legitimacy to the Shiite militant group Hezbollah, saying it would make the entire country a target in any future war. AFP - 20Aug 10:57GMT

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Travel & Tourism
Beirut's Whet Appetite
The resilience of the Lebanese has become legendary, and each war confirms that by the end of it people will sweep off the rubble and return to business as usual. Even tourists seem to believe as much.

Rebuilding Confidence
Vacant spaces in Beirut are slated to disappear as investors, mainly from the Gulf region, prepare to pour money into the city once again.

Syria
Historic Visit
Lebanon and Syria are still in the early stages of re-defining a relationship in which the latter was the dominant partner for decades.

Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Capital ($mil)
1	The Lebanese Company for the Development and Reconstruction of Beirut Central District	Lebanon	5,234
2	Holcim Liban	Lebanon	4,686
3	Bank Audi	Lebanon	2,961
4	BLOM Bank	Lebanon	2,304
5	BLC Bank	Lebanon	1,145
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