Dubai Creek Harbour unveiling. (Photo courtesy of Emaar)
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Lebanon's security woes coupled with a sluggish economy make investment in the country hugely disadvantageous, chairman of UAE-based construction giant Emaar Properties Mohamed Alabbar told The Daily Star.In Lebanon, Emaar is currently in the final stages of executing their single project in the country, the Beit Misk residential community, which spreads over 655,000 square meters in the Metn area above Beirut. But Lebanon does not figure on Emaar's agenda in the short term at least. Unlike with talk about the situation in Lebanon, the real estate mogul shifts moods when enthusiastically enumerating the multibillion dollar projects his group is currently undertaking in his hometown of Dubai.Alabbar also cites expansion near the Burj Khalifa area and Emaar's joint venture with Dubai-based development company Meraas Holding to construct the premium lifestyle community, Dubai Hills, the largest real estate development of its kind in the Middle East region.Will Emaar ever stop construction in Dubai?
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