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Bassil calls on expats to reclaim citizenship

Foreign Minister Gebran Bassil warned Lebanese expats in South Africa Friday that the failure to reclaim their Lebanese citizenship would lead to the loss of Lebanon to terrorists and refugees.“We need your help to restore Lebanese expats…

Lebanon property sales rise in number and value

Recorded real estate sales transactions increased in 2016. According to the Real Estate Registry at the Ministry of Finance, the number of transactions increased one percent to around 64,600 compared to the previous year. The total value of…

Construction permits increase 13% in Lebanon

The number of construction permits rose 13 percent in 2016 to 17,295, covering 12.3 million square meters (m2) – unchanged from 2015. The average area per permit is 707 m2, down 13 percent.Beirut saw the sharpest decline in area and…

Construction of $1 billion US Embassy in Lebanon

Alabama-based B.L. Harbert has won a tender for the construction of the new U.S. Embassy in Awkar. Permission has been granted by the Government for the work to commence.The embassy will be built over an area of 174,000 square meters at a…