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Noor Holding nothing but a scam

By on June 5, 2011 in Lebanon

Remember the construction company that made a media buzz  back in 2009 with the Cedar Island project it was promoting?

Call me naive, but this company, Noor Holding, had everything needed to let you think they’re doing legitimate business. A prestigious office in downtown Beirut, excessive advertising, claims about hundreds of household units being built, a good looking website, a “golden” phone number (01-999999), and a TV station. And at the end it turned out that the whole thing was nothing but a scam with the founder Mohammad Saleh (the man in the above photo) escaping with 5 million dollars! You can read everything about the issue in this article from Al-Akhbar.

I definitely don’t want to be in the shoes of those who have paid down payments for booking apartments with Noor Holding. These people will probably get nothing but news about Mr. Saleh moving from one country to another with their money…

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Cedar Island

By on January 29, 2009 in Lebanon

It all started in Dubai with the Palm islands, followed by the Pearl island in Qatar, and soon we might have the Cedar Island here in Lebanon at the cost of Damour!

Covering an area of 3.311.731.60 squared meters in the touristic coastal area of Lebanon, the Cedar Island lends itself as a luxurious residential, commercial, and touristic project. Its geographical location along the Lebanese coast allows it to play a vital role in attracting tourists and VIP residents looking for an exotic lifestyle or escaping from the city.

I’ve read about this project in different new sources and to my knowledge there are still some doubts about realizing it. However, if you check the project’s website, you notice like the project is on its way to be started.

An interesting project indeed, but the question is: What is the enviromental cost for this artificial Cedar Island??

Updates:

  1. There are a couple of groups on Facebook, one supporting the project, and the other is opposing it.
    Via Nihil Declaro.
  2. I tend to agree with this guy, who wrote a post titled “The island of Dr. Moron“.
  3. Check this interesting article about the environmental cost of the artificial islands in Dubai, the article is followed by a response by an environmental scientist from the Nakheel project of Dubai.
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