Lebanon Real Estate Newsletter

Vol. 4, Issue 12 - December, 2008

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Editorial

'Plot' for the future ...By Eng. Abdallah Hayek 

"Visiting Lebanon during the holiday season is always festive despite the traffic jams to skiing resorts, the long waiting lists at classy restaurants and the uncertainty of securing seats on any inbound airlines, for there are always a great number of educational, cultural and religious festivals all around the country.>> Read more

Lebanese banks get nod of approval from Moody's
Moody's Investors Service has raised the outlook on its B3 long-term foreign currency deposit rating of Lebanon's four largest banks - BLOM Bank, Byblos Bank, Bank Audi, and Bank of Beirut - to positive from stable. The report, which was released on Thursday, also improved the outlook on Byblos Bank's B2 foreign currency senior and subordinated bond ratings to positive from stable. >>Read more