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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.
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.
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.”
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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.
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LUVED Is A New Curated Preloved Marketplace For The UAE
Sellers keep 100 percent of every sale and AI can build a listing in five seconds — though the app’s smartest tools are still coming.
Secondhand shopping has become mainstream in the UAE, but the experience is still scattered across resale sites, social media and informal group chats. LUVED, a mobile-first marketplace that launched in Dubai this month, is betting it can pull that activity into one place — and that the thing buyers and sellers actually want is not more inventory, but trust.
The app trades in what it calls circular luxury: preloved fashion and lifestyle pieces across men’s, women’s and children’s categories, bought, sold or given away peer to peer. Its main pitch is economics, with sellers keeping 100 percent of every sale under a zero-commission, fast payout model, while buyers are promised vetted pieces at lower prices.
Where LUVED is staking its reputation is verification. Sellers pass a KYC check, and items run through a two-layer authentication system powered by Entrupy that pairs instant AI screening with human expert review for high-value pieces. Authenticity certificates travel with each item, payments sit in escrow, and a buyer-protection package the company calls The Safety Net adds a 48-hour return window and dispute resolution. Door-to-door logistics removes the in-person meetups that make most resale deals awkward.
An in-app assistant called Luvbot — offering selling insights and demand-based recommendations — is soon to be introduced to the platform. Other features include autofill and dynamic pricing that lets users build a listing in as little as five seconds from three photos, plus a swipe-based feed, story-style drops and in-app chat in English and Arabic. Finally, a gifting layer, Luved & Gifted, lets users pass items to others inside the app rather than sell them.
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“After moving to Dubai, I saw how difficult it was to sell or even give things away,” says founder and CEO Shaima Sibtain. The friction is real, and so is the competition. In resale, trust is won transaction by transaction — and that is the test LUVED has set itself.
The app is live on the App Store now, with Google Play to follow. The company also plans to expand across the region, which will be the real test for a marketplace staking everything on trust.
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