Lebanon Businessnews News
 

Hamra St. snuffed out
by the economic crash
AP
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From his small music shop on Beirut’s Hamra Street, Michel Eid witnessed the rise and fall of Lebanon through the changing fortunes of this famed boulevard for more than 60 years.

Hamra Street represented everything that was glamorous about Beirut in the 1960s and 1970s, with Lebanon’s top movie houses and theaters, cafes frequented by intellectuals and artists, and ritzy shops. It saw a revival the past decade, with international chain stores and vibrant bars and restaurants.

Now many of its stores are shuttered. Poverty-stricken Lebanese and Syrian refugees beg on its sidewalks. Trash piles up on its corners. Like the rest of Lebanon, the economic crash swept through the street like a destructive storm.
FULL STORY
Date Posted: Feb 14, 2022
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