LEBANESE IN IRAN
Chef Fady Rwesaty, founder of Chef Lebanon Consultants, is investing in a series of restaurants in Teheran. Two are already open and others are underway. Rwesaty described investing in Iran as expensive. A 200-seat highend restaurant requires an investment of at least USD 700,000 without the operation costs. But, he said, it is a very rewarding market because demand is high and supply is short. Rwesaty said that the language represents and downturn in addition to administrative routine.