IMD Competitiveness

Competition and crisis

Competitiveness is an essential need for any economic entity, and in today’s global context it is a core qualifier for countries. Having reported on the measurements of competitiveness regularly over the past few years, Executive followed an invitation to visit one of the two institutions dedicated to measuring the competitiveness of nations in order to

(Pete Bellis | Flickr | CC BY 2.0)

Minimalism returns

Minimalism is back in force on the region’s security markets and minimalism thus is in order for reporting on week 33 in the bourses of the Middle East and North Africa. Weekly index gains were topped by rises of 3.4 and 2.6 percent in Doha and Abu Dhabi in the Gulf and by a 3

Firefighting ships attempt to put out the fire on BP's Deepwater Horizon drilling unit in the Gulf of Mexico

Deficiency reigns

Lebanon suffers from “high” deficiencies of social and environmental baseline data as well as a “capacity deficiency within authorities,” according to the long-awaited strategic environmental assessment (SEA) related to potential oil and gas activities, recently published by the Lebanese Petroleum Administration. More than two years after it was completed — and despite promises that it would be

Yves Meylan, director of international retail for Jaeger-LeCoultre

The East’s hour

Yves Meylan is the director of international retail for luxury Swiss watchmaker Jaeger-LeCoultre. Executive caught up with him to get the latest trends in high end watches, from design to the sales floor.   Tell me a little bit about yourself. Your job is a big responsibility during these very volatile times, especially since 2000,

Alien thinkers

Alien thinkers

In consumer fiction, everybody and their sibling nowadays writes novels that project human drama into the space of zombie-werewolf-vampire-x-men-viral-divergent dystopias. About time that someone applies the motif of aliens to economic drama and explains to humble earth dwellers how alien thinking can deliver benefits to, or even save, business organizations. Infusing an ‘alien’ mindset into

Reclaiming Beirut - Raouche

Reclaiming Beirut’s shared spaces

Have you ever asked yourself why property prices are so high in Lebanon? Why Beirut homes are prohibitively expensive for at least 90 percent of the city’s daily users who cannot dream of ever claiming an address in its quarters? Have you wondered why Barcelona, Marseille, Nice or Limassol display miles of public beaches accessible

India's Prime Minister Narendra Modi

Israel’s new best friend

Ties between Israel and India are likely to strengthen following the recent landslide electoral victory of the Indian People’s Party (BJP). The Hindu nationalists obtained an absolute majority in parliament and saw their poster boy, 64 year old Narendra Modi, being sworn in as the country’s 15th Prime Minister. His Israeli counterpart Prime Minister Benjamin

The diamonds are polished once the piece is completed

In photos: Fashioning jewelry

Established in 1964, Yeprem is named after its founder Yeprem Chakardemian and is now run by his children, two of whom are the jewelry house’s designers. Yeprem is known for its use of celebrity endorsements to market its luxury designs. Yeprem not only designs the jewelry but also has its own atelier, housed in the company

Leader Artisan - Maison Tarazi

Protect the past, plan for the future

The World Cup is arguably the most viewed sporting spectacle and social event worldwide. So when Jennifer Lopez opened this year’s games dressed by Lebanese designer Charbel Zoe and accessorized by Lebanese jeweler Yeprem, it proved that Lebanon’s luxury designers compete at the pinnacle of their professions. Even before that, the likes of Elie Saab

Nada Debs 3

Modernizing tradition

Nada Debs is famed for her luxury line of furniture and home accessories which blends the minimalist and modern design styles of Japan and the West with traditional Middle Eastern craftsmanship. This successful combination did not come easy for Debs, who views her career path as the culmination of her quest to mix the many

Fair winds and following financials (jgmorard | Flickr | CC BY 2.0)

Canal dreams

Appearances of a lazy summer month with underlying continued positive sentiment played out in the Middle East and North Africa during the 32nd week of the year, the first full week of trading after the end of Ramadan and Eid al-Fitr. The Saudi and the Egyptian bourses each pushed higher quite nicely, based on future-minded

Edgard Chaya, the man behind the reinvented terrazzo tiles

Flooring the competition

When you walk into any Lebanese home built between the early 1880s and the 1940s, the first thing you are likely to notice are the intricately designed and colorful terrazzo handmade tiles underneath your feet. In a time before carpets were fashionable, these cement tiles were the chic way to give a home a unique

Selim Mouzannar 3

King of diamonds

“Lebanese jewelers’ Achilles’ heel is their lack of creativity and originality,” explains Selim Mouzannar, a leading Lebanese jewelry designer, when asked about the main challenges local designers face. Throughout his career, Mouzannar has challenged this weakness, becoming internationally recognized for his designs, under his own name. Mouzannar comes from a long line of well established

(Emanuele | Flickr | CC BY-SA 2.0)

Taking the streets of Beirut

With few exceptions, when strolling down the sidewalks of Beirut, one would typically encounter more parked cars than fellow strollers. Whether this is due to the desirability of moving around in air conditioning to cope with the heat of the summer or just an attachment to rolling in style, most Beirutis prefer their cars as

sarah baydoun_Dama bag3

Luxury from behind bars

While doing research for her master’s thesis on women and prostitution at Saint Joseph University in 2000, Sarah Beydoun probably never thought she would end up being the creative director and founder of Sarah’s Bag — a high end handmade brand of handbags and fashion accessories. The business currently employs 200 underprivileged women, has its