News

Lebanon Preparing To Build New $70 Million Airport Terminal

The construction of the second terminal is hoped to increase the capacity of the airport from 8 million passengers a year today to 20 million by 2030.

Published

3 years ago

June 16, 2022

David Morelo

lebanon preparing to build new $70 million airport terminal

Directorate General Of Civil Aviation

Lebanon’s only international airport in Beirut is moving one step closer to the construction of its second terminal. According to Minister of Public Works and Transport Ali Hamie, the crisis-stricken country will soon launch an international tender for the $70 million project.

Once constructed, the state-of-the-art terminal will be used for chartered and low-cost flights, as well those carrying Muslim pilgrims to Saudi Arabia and Iraq. The construction of the new terminal, together with other expansions and technological improvements, is hoped to increase the capacity of the airport from 8 million passengers a year today to 20 million by 2030, as stated on the website of national carrier Middle East Airlines.

beirut international airport terminal 2

In the coming months, large numbers of travelers are expected to visit Lebanon and generate substantial revenue for the country, whose tourism sector alone corresponds to 7.5 percent of its gross domestic product.

“Occupancy rates are full at airlines and hotels,” Minister of Tourism Walid Nassar said in reference to the summer season. “Lebanese expatriates and foreigners who love Lebanon will come to Lebanon and it will be a promising summer.”

Also Read: Google Contributed Billions To The Middle East Economy In 2021

The capacity to comfortably welcome more travelers to the country would provide a nice economic boost for Lebanon, which is experiencing the first financial crisis in its modern history. What’s more, the terminal construction project, which will be carried out by the private sector, should create hundreds of new jobs.

The last time when the Beirut Airport underwent a modernization was in 1990, after the Lebanese Civil War, which left it in shambles and in need for major improvements. For the last several years, the airport has been operating at peak capacity, and the two large explosions at the Beirut port in 2020 only made the situation worse.

News

Skyloov Shakes Up UAE Real Estate Sector With Record Growth

Launched in October 2024, the property portal is already recording an impressive 2.7 million monthly visitors.

Published

4 days ago

January 27, 2025

Nour Nasir

skyloov shakes up uae real estate sector with record growth

Skyloov, the UAE’s newest real estate platform, has gained huge traction since launching in October 2024. Focused on “innovation, transparency, and user empowerment,” the startup has quickly positioned itself as a major player in the region’s competitive property market.

In just a few months, Skyloov has recorded an impressive 2.7 million monthly visitors — an indicator of how well it’s resonating with UAE buyers, renters, and investors. The portal already boasts 110,000 property listings spanning all seven emirates, 1,000 licensed brokers, and over 70,000 daily property searches.

skyloov shakes up uae real estate sector

“Skyloov is not just another property portal; it’s a game-changer in how real estate is discovered and sold,” said Dr. Abdulaziz Albwardi, Chairman of the Board at Skyloov. “Our achievements in such a short time reflect our commitment to offering a transparent and innovative platform that meets the evolving needs of property seekers and brokers alike. We are here to challenge the status quo and empower our users to succeed in a competitive market”.

What sets Skyloov apart is its cutting-edge technology and user-centric design. Features like AI-powered property matchmaking and voice-activated search within its mobile app make finding the perfect property simple and intuitive. The platform’s integration with the Dubai Land Department (DLD) also ensures every listing is verified, offering users peace of mind in their search. Meanwhile, brokers benefit from an array of listing and management tools, supported by real-time analytics that the company claims deliver high-quality leads and tangible results.

Also Read: Etihad Rail Plans 30 Minute Dubai To Abu Dhabi Train Link

Skyloov’s rapid success makes it one of the fastest-growing platforms in the UAE’s real estate market, and the company is already laying the groundwork to become the leading property portal in the entire MENA region. By continuing to prioritize innovation, transparency, and user empowerment, Skyloov is not just competing — it’s setting new benchmarks for the industry.