Lebanon Arrests 3 after Over $1M Stolen from Home

A member of security forces stands at the gate of a bank, in the Tariq al-Jdideh neighborhood in Beirut, Lebanon September 16, 2022. REUTERS/Mohamed Azakir
A member of security forces stands at the gate of a bank, in the Tariq al-Jdideh neighborhood in Beirut, Lebanon September 16, 2022. REUTERS/Mohamed Azakir
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Lebanon Arrests 3 after Over $1M Stolen from Home

A member of security forces stands at the gate of a bank, in the Tariq al-Jdideh neighborhood in Beirut, Lebanon September 16, 2022. REUTERS/Mohamed Azakir
A member of security forces stands at the gate of a bank, in the Tariq al-Jdideh neighborhood in Beirut, Lebanon September 16, 2022. REUTERS/Mohamed Azakir

Police in Lebanon, where a banking crisis has forced people to stash cash at home, said Friday that three people have been arrested after stealing over $1 million from a private residence.

The three Syrians -- a man, his wife and a relative -- were arrested on November 11, a week after allegedly making off with the trove that had been kept in the safe of a house in Mount Lebanon, AFP quoted a police statement as saying.

The bulk of the cash had been recovered, but one of those detained had spent around $70,000 on a wedding, a car and furniture, it added.

Lebanon has been reeling from a financial crisis dubbed by the World Bank as one of the worst in recent world history.

It has driven people in the country to hide a total of around $10 billion in their homes, according to central bank governor Riad Salameh.



Diriyah Company Plans Architectural Design Work on Diriyah’s Boulevard District Worth $113.6 Million

The project is worth $113.6 Million - SPA
The project is worth $113.6 Million - SPA
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Diriyah Company Plans Architectural Design Work on Diriyah’s Boulevard District Worth $113.6 Million

The project is worth $113.6 Million - SPA
The project is worth $113.6 Million - SPA

Diriyah Company revealed that it has awarded a SAR426.3 million (US$113.6 million) contract for architectural design work on Diriyah’s Boulevard District to a specialized urban development firm.
According to a press release, the firm will apply its expertise to serve as the multidisciplinary design consultant behind a range of beautifully designed buildings in three community areas within the Boulevard District.
The firm's scope of work includes concept design, schematic design, detailed design and construction supervision within these community areas located in and around the Boulevard District, SPA reported.
Diriyah Company said it has significantly accelerated its development program through securing major agreements for large-scale projects within the 14-square kilometer development area with key contracts awarded to other contractors.
"This flagship district will become a major focal point for the $63.2 billion Diriyah project and provide connectivity across multiple areas within Diriyah’s comprehensive master plans," said the release.