Property & Real Estate
Regulation, Risk & Compliance
Uncategorized
Lebanon’s real estate sector booming despite financial crisis
Like most Lebanese expatriates who keep their life savings in their home country, Elias, a sales manager in Dubai, panicked when banks in Lebanon began enforcing capital controls on cash withdrawals last November. Rumours were swirling that the cash-strapped government would resort to a haircut on deposits. Desperate, many Lebanese…
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