UAE real estate development firms have decided to keep up their investment and real estate projects in Lebanon despite the Israeli attacks, an Emirati paper said Saturday. Al-Bayan newspaper quoted managers of real estate companies as saying they will launch new projects when ceasefire is implemented and security and stability are restored in Lebanon.
UAE investments are ranked second in Lebanon with US$ 1.5 billion for cost-announced projects like Beirut Gate project, managed by Abu Dhabi Investment House on eight plots of land making up an area of 21,447 square meters, the report added.
