CNN Money Puts Beirut On Top Of The Up-and-coming Cities For The Rich

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1-beirut12 Source

According to Savills, Candy & Candy, and Deutsche Asset & Wealth Management, Beirut is the top city for real estate investors over the next few years. Honestly, it’s very surprising to read that real estate in Beirut is very cheap by international standards, because the cost per square meter is quite outrageous in Solidere and Beirut as a whole and not that far from cities like New York, Hong Kong and London.

In fact, this article by the BusinessInsider claims real estate in Beirut is way more expensive than New York.

Check out the full list [Here].

Despite its violent history, Beirut stands out as being an ideal place for adventurous real estate investors, according to a new report from Savills World Research, Candy & Candy and Deutsche Asset & Wealth Management.

Yes, there has been some recent spillover from the ongoing Syrian conflict. But the Mediterranean coastal city is known for its culture and nightlife, which attracts a young population, said Yolande Barnes, director at Savills World Research. It’s also known as a regional financial hub.

“Real estate in the city still looks very cheap by international standards,” said Barnes.

Prices for two-bedroom apartments tend to range from $180,000 to $500,000, depending on the location.

Red Bull King Of The Rock Lebanon 2014

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[YouTube]

For all street basketball fans, the Red Bull King Of The Rock is back for its third consecutive year in Lebanon. It’s a 1 on 1 game and basketball in its purest form. Qualifiers will take place on June 13,14, 20 and 21. The Final will be held at an unusual place, the abandoned Marche du Pont in Zouk on Saturday the 28th of June at 8:30PM.

The winner will get to represent Lebanon at the Red Bull King of the Rock World Finals in the prison exercise yards of Samasana Island on September 6.

Last year I was out of Lebanon and this year I will be out of the country during the first weekend of qualifiers, but hopefully I will be at Rebound on Saturday 21 for the second round of qualifiers. Check out more details on the event [Here].

See you all there!

QUALIFIERS:
– Friday 13th of June – Sagesse University, Furn El-Chebak

– Saturday 14th of June – Mocean, Kaslik

– Friday 20th of June- Balamand Univeristy, Koura [King Of The Rock + Queen Of The Rock]

– Saturday 21st of June – Rebound, Jdeideh [King Of The Rock + Queen Of The Rock]

Registration is at 4:00 PM, games start at 5:00 PM.

FINALS:
Finalists will play at MARCHE DU PONT, ZOUK on Saturday the 28th of June at 8:30PM.

LebanonFiles Has The Full Story (Not Really) On The Troubled MEA Flight From Riyadh To Beirut

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lb1

When I first saw the headline in red, I thought I was going to read about some kidnapping attempt, or some fight on board, or some mechanical failure (God Forbid) that led to an emergency landing, or some passenger gone crazy, but what I got instead was that the plane underwent some severe turbulence and few passengers felt nauseous.

Of course turbulence is a very serious matter and I hate it (and get scared) when it happens, but my point is that they should have at least bothered and got more details on whether anyone got injured or hospitalized, and how did the crew handle this matter because there’s a comment on the article saying that no one tried to comfort them. They could have called MEA or interviewed some of the passengers instead of saying there was turbulence and that’s it.

lf2

PS: LebMediaMonitor originally posted about this.

Lebanon Among The World’s 10 Unhappiest Countries

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lebanon

Iraq, Iran and Egypt are the unhappiest countries in the world according to a Gallup report. Lebanon ranks 10th.

Gallup measured negative emotions in 138 countries in 2013 by asking people whether they experienced a lot of anger, stress, sadness, physical pain and worry the previous day. Gallup compiles the “yes” results into a Negative Experience Index score for each country. The higher the score, the more pervasive negative emotions are in a country.

Results are based on telephone and face-to-face interviews with approximately 1,000 adults in each country, aged 15 and older, conducted in 2013 in 138 countries and areas. For results based on the total global sample, the margin of sampling error is less than ±1 percentage point at the 95% confidence level. For results based on country-level samples, the margin of error ranges from a low of ±2.1 to a high of ±5.3. The margin of error reflects the influence of data weighting. In addition to sampling error, question wording and practical difficulties in conducting surveys can introduce error or bias into the findings of public opinion polls.