Situated at the crossroad of international exchanges with its universities, hotels, hospitals, and shops, the city is also a center of leisure and entertainment.
Beirut is certainly witnessing a boom: it is a cosmopolitan city where economy and culture meet each other, listen to each other, and converse. These activities are rooted in the past and step into the 3rd millennium at the same time. Tens of millions of people are welcomed to the city every year to attend sundry events such as fairs, colloquiums, exhibitions, and international summits. You can see people jumping between theaters, designer fashion shows, opening ceremonies, concerts, book fairs, music festivals, cinemas and comics, before pausing to watch the sun as it sets behind the Mediterranean Sea with their feet dipped in the water.
During the 2nd half of the 19th century, the city witnessed a sudden commercial surge that amplified its exchanges with the west; it became an administrative, economic, and cultural center, which allowed it to be chosen as the capital of the great Lebanon in 1920 and subsequently that of the independent Lebanese state in 1943.
After World War II, the Lebanese government adopted flexible financial laws that led to an economic boom. Lebanon's location as the crossroad between the east and the west helped it become a financial and banking center as well as a free currency exchange center. Lebanon's activities are mainly focused on banking institutions such as import-export, where Beirut's seaport and airport emerge as 2 centers of transit transport to the Arab countries.
The city became a hotbed for commercial, financial, touristic and artistic activities, and downtown Beirut became once again Lebanon's beating heart and the spot where Lebanese people and foreigners meet, there you can hear countless languages being spoken as people chatter across the tables.