Beirut duty free. (The Daily Star/Mohammad Azakir)
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Mohammad Zeidan's company PAC won the tender for the management and investment of the duty free at Rafik Hariri International Airport for another four years, after offering $74 million to operate the facility.Five companies bid for the contract. Apart from PAC, the four other companies that bid for the contract were Lagardere SCA, which has a capital of 800 million euros (over $870 million) and operates in more than 70 countries; Safety and Security Solutions, which is registered in Qatar; DFS Group, which has a volume of business estimated at $3.7 billion and operates in 13 countries; and World Duty Free Group, with annual sales of $2.4 billion.
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