President of the Chamber of Commerce Mohammad Choucair speaks in Beirut, Sunday, Jan. 12, 2014. (The Daily Star/Mohammad Azakir)
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President of the Chamber of Commerce Mohammad Choucair held a meeting for real estate moguls Wednesday to discuss the challenges facing the sector and methods to revive the industry.At the meeting the industry vowed to fight against anyone trying to increase barriers against real estate, referring in particular to the government's proposed hike in real estate fines and taxes. Those present at the event, held at the chamber's headquarters, included Bilal Hamad, Mayor of Beirut; Elie Souma, head of Lebanon's Syndicate of Real Estate Developers and Brokers; and real estate developer Namir Cortas; alongside other prominent representatives from the industry's largest firms.
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