| Covering an area larger than Beirut and with almost half a million people – two ways that the Qatari developer is describing Lusail – a brand new city is being constructed in the northern part of the Gulf nation. |
| On completion, the Lusail development project will cover almost 6,800 acres (compared to 5,000 for the Lebanese capital Beirut). It will cater to 455,000 people – including 200,000 permanent residents, 165,000 people working in different parts of the city and an additional 90,000 visitors for various recreational purposes. |
| “Qatar has been favored as a safe haven so far for its expanding gas story and the government’s market-friendly support of the economy,” Turker Hamzaoglu, Economist with Bank of America-Merrill Lynch, told The Media Line. |
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