prices

Rising Rentals: Effects of the Israel-Hezbollah Conflict

Over a million Lebanese citizens have been forced to leave their homes due to the escalating Israeli bombardments, seeking refuge in safer regions. This phenomenon has led to a significant surge in real estate prices in areas that remain unaffected by the conflict between Hezbollah and Israel. Several factors have contributed to this increase, ...

Figures Outlining Impact of War on Economy

Nabil Fahed, president of the Supermarket Owners’ Union, revealed that the non-essential commercial sector, meaning non-food-related businesses, is operating at only 5% of its pre-war capacity, experiencing a 95% drop. Additionally, it is facing various challenges, according to him. The closure of the Masnaa border crossing, which connects to ...