I know Beirut very well. I have family and friends in Lebanon. And some of these posts seem somewhat misguided as to what Beirut, as a city, actually is.
The traditional convention is that Beirut is a mix of 1920s Paris and 1950s Alexandria, but I'd suggest it is now more like a Mediterranean mash-up of Miami and Manchester.
I'd say Lebanon is noticeably wealthier, more developed, and more educated than Cyprus, and Cyprus is an EU country. The politics and governance are, on the whole, pretty comparable between the two -- I mean, Cyprus managed to blow up a £4 billion new power plant by its port in Larnaca in pretty similar circumstances to the recent explosion in Beirut.
And Beirut is a party town. The bars and clubs are phenomenal (as are the cocktails, which Beirut is famous for). I know people who've taken ideas from Beirut clubs to Greek and Spanish tourist resorts.
There's also a lot of wealth. You would struggle, in the UK, to find a city with the same ratio of supercar as Beirut. The shopping and dining around Place de L'Etoile? You'd be looking at Knightsbridge for something comparable.
Remember, Beirut is a small place. You can walk from the Hamra district to the Achrafieh district in about 40 minutes, not that you would because no-one walks anywhere there.
I've been to Italian industrial cities in a far worse state than Beirut.
The problem with Lebanon is that it has a confessional political system, so politics in the country is basically a constant spat over whether one religious group benefits from a policy more than another. This creates strange bedfellows: many Orthodox Christians tacitly support Hezbollah (Shia Muslim), for example. Sunni Muslims are kinda out in the cold, despite having the Prime Ministership and the current occupant of that role is a chap who is independent and didn't receive any backing from Sunni Muslim groups.
Add to this, political players and sentiments in the country on a spectrum from hard-core Marxist to Fascist (ie. proper Mussolini-style), and welcome to the politics of Eastern Mediterranean.
I have an old friend who bravely did his PhD on Lebanese politics and, by the end, said he couldn't understand how the country managed to exist.