Business
Page 3 / 11The latest business news, corporate updates, and market-moving decisions across key industries.
The Lebanese Founder Behind Dubai's Best-Known Cafe Interiors
The Lebanese founder built The Bowery Company into the GCC's leading Scandinavian design distributor.
The Bowery Company, founded in Dubai in 2014 by former banker Christiane Nasr, has become the GCC's leading curator of Scandinavian design. The Lebanese entrepreneur's firm has furnished more than 100 cafes across the UAE and Saudi Arabia and recently secured a major Saudi government project tied to Vision 2030.
Record $871M World Cup Pot Guarantees Arab Teams at Least $100M
FIFA will distribute a record $871 million to the 48 teams at the 2026 World Cup, and eight Arab nations are among them.
FIFA has raised the total payout for the 2026 World Cup to a record $871 million. Every one of the 48 teams is guaranteed at least $12.5 million, and the winner earns $50 million in prize money. A record eight Arab nations qualified, putting a combined nine-figure sum within reach of the region's football federations.
The Revive Club Opens a 4,000 sqm Complex on Beirut's Waterfront
Opening this month, the seaside venue pairs gyms and courts with recovery, dining, and a Wael Arakji academy.
The Revive Club, a 4,000 square meter sports and wellness complex, is opening this month on Beirut's Waterfront. The venue combines training floors, sports courts, a basketball academy tied to Wael Arakji, recovery services, and dining. Its first 100 members receive Founding Member status with lifetime benefits.
Cedar Waves Launches Weekend Beirut to Batroun Ferry Route
The scenic weekend service starts July 19, running Saturdays and Sundays between Zaituna Bay and Batroun Port.
Ferry operator Cedar Waves is opening a domestic weekend route between Beirut and Batroun, with the first sailing set for July 19. The one-hour ride runs every Saturday and Sunday, with one-way tickets at $20 and round-trips at $40.
Zaarour Club is Running a Four Day Summer Event
Zaarour Vibes runs July 16 to 19 with live bands, food outlets, and kids shows at the mountain resort's lake.
Zaarour Club is running a four day summer event called Zaarour Vibes at its lake from July 16 to 19. The lineup includes daily live bands, kids shows, food and beverage outlets, and more than 70 exhibitors. Entry costs 500,000 LBP, with free admission for children under eight.
Scalini Brings Its London Italian Menu to Downtown Beirut
The Chelsea restaurant, open since 1988, adds Beirut to a list that already includes Dubai, Doha, and Cannes.
Scalini, the Italian restaurant founded in London's Chelsea in 1988, has opened a branch in Downtown Beirut. The menu centers on handmade pastas, seafood, pizzas, antipasti, and classic desserts. Beirut joins a group with locations across the Gulf and Europe.
FIFA Turns World Cup Final Pitch Into $450 Collectibles
Football's governing body could earn more than $11 million selling turf from the July 19 final near New York.
FIFA is selling fragments of the pitch used for the 2026 World Cup final as encased memorabilia, with prices running from $450 to $3,000. The governing body is reported to earn more than $11 million from the sale. Each price tier is capped at 2,026 pieces, and orders ship only after the final.
Spinneys Opens in Amioun, Creating 150 Jobs in North Lebanon
Spinneys' new Koura branch spans 4,400 square meters across three floors and aims to serve 800,000 visitors a year.
Spinneys has launched a new branch in Amioun, the main town of Lebanon's Koura district. The three-floor store covers more than 4,400 square meters and added 150 jobs for the local community. Company chairman Hassan Ezzeddine framed the opening as part of a push to invest in North Lebanon.
Majid Al Futtaim Opens First Premium Carrefour Market in Dubai
The 2,200 square metre store in Jumeirah Park is the prototype for Carrefour's next premium format.
Majid Al Futtaim has opened the first premium Carrefour Market in the UAE at Jumeirah Park Centre in Dubai. The store gives 38% of its floor space to fresh and ready-made food and will serve as the model for more premium outlets in 2026.
Global Study Hub Was Born from Its Founder's Own Struggle to Study Abroad
Sami Georges Faddoul built the Paris-based service after navigating Campus France, visas, and paperwork himself.
Global Study Hub is a Paris-based service founded in 2024 that guides international students through university applications, Campus France, visas, housing, and student jobs. Founder Sami Georges Faddoul started it after his own difficult move to France in 2021.
How a Lebanese Entrepreneur and Chef Turned a Covid Setback Into ChefsTable
The Dubai private dining and events company now has offices in four countries, with three more markets planned.
Albert Valentine launched ChefsTable in 2021 after losing his restaurants during the pandemic. The Dubai-based company stages private dinners, tasting menus, and luxury events, and has grown to offices in Dubai, Miami, Monaco, and Toronto. New York, Singapore, and Italy are next on its expansion list.
L'Auberge de Tyr Reopens After Months of War Damage in South Lebanon
The hillside resort above Tyre returns for its second post-war comeback in under two years.
L'Auberge de Tyr has reopened following a war-related closure in South Lebanon. The property, which grew from an equestrian club into a 20-room hillside retreat, is welcoming guests again as businesses across the region resume operations.
