Scott Ableman | Flickr | CC BY-SA 2.0

The business of recycling

Earlier this year, for-profit Contra International faced a problem with a decidedly not profitable recycling initiative it operates in Lebanon. The company was doing a residential door-to-door pick up of paper, cardboard, aluminum and all types of plastics, losing money in the process. Residential pickups were not in the company’s plans when it started its

epSos .de | Flickr | CC BY-SA 2.0

Waste management: a collective duty

The waste management crisis has been a good awareness campaign for recycling. In the past two months, there have been numerous reports of municipalities demanding residents sort their waste at home. Zero Waste Act — a private-sector recycling initiative reports a deluge of interest from people who want to divert some of their trash from

Geoffrey Fairchild | Flickr | CC BY-SA 2.0

From burning to breaking

It was the waste crisis that ignited the protests around the Lebanese Parliament, across Downtown, on the doorsteps of numerous ministries and on highways and sites around the country. On different occasions, such as August 22 and September 20, protests flared into massive demonstrations. On many other days, protest activities were small manifestations of discontent

PhOtOnQuAnTiQuE | Flickr | CC BY-SA 2.0

Real change is in our hands

The social contract between the state and the people is broken. It had been crumbling for a long time. We’re reminded of the state’s failures every month when we pay two electricity bills and every summer when we pay two water bills. For decades we’ve made concession after concession, the worst being acceptance of the

Stefan | Flickr | CC BY-SA 2.0

Private equity and the GCC

Private equity investment in the GCC appears to be experiencing a “rebirth”. This is a very positive development as it may be paving the way for less oil dependency and an innovative business environment. The private equity industry in the GCC has had a shorter life cycle than other markets and has faced alternating fortunes

A worker proudly shows his day's collection

Wine harvesting in Lebanon

Executive followed workers at Château Kefraya on August 22 busy harvesting grapes for the winery’s yearly white wine production. While Kefraya has so far been spared, bad weather has affected harvests at other wineries in Lebanon. One of the worst hit was Domaine de Baal, which experienced heavy hailstorms on September 15 that ruined more than 50

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The beginning of a new era for small businesses?

In today’s strong business environment, almost everyone is familiar with some business fundamentals such as accounting or marketing, or at the very least understands some basic information technology (IT) skills. Knowledge, Lebanon’s most important resource, has changed society’s needs as well as the structure and purpose of small and medium enterprises (SMEs). It has led

Divya Thakur | Flickr | CC BY-SA 2.0

Stock exchange for beginners

Entrepreneurs, small and medium enterprises (SMEs) and large companies can either raise funds through debt or equity, the latter consisting of the entrepreneur foregoing some ownership of the company and the investor assuming the risk of the business going bankrupt. Unlike a loan, the entrepreneur doesn’t repay the investor with interest. More secure and more

Ahmad Moussaoui | Flickr | CC BY-SA 2.0

Better to govern

It bears repeating that being decoupled from every other market is not a win-win. At best it makes you a functional zero, irrelevant to all but yourself. The truth of this was reinforced again at the end of last month. When global securities markets shook, from China to developed economies on top of a shrinking

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Lebanon looks to Havana

Cuba, famous for cigars, salsa dancing and Che Guevara, is now open for business! In the past year, Cuba has slowly been opening up to external markets and Lebanon is one of the first countries to have set foot on this territory. Cuba has undergone a number of changes in order to attract investments and

epSos .de | Flickr | CC BY-SA 2.0

Take that exit

When investors look for an exit they don’t want to be shown the door. They want to see the cash consideration that rewards them for their risk – and they want to look good in the process; good for having created employment, good for respecting the environment, good for having contributed to economic growth, and

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Iran: a pot of gold in the Middle East

Iran is the hottest emerging market in waiting. It possesses the most expansive industrial base within the region, including one of the biggest auto-manufacturing industries. And despite crippling sanctions, it has managed to place itself on the map among the world’s leading countries in cutting-edge sciences with advances in nanotechnology and stem cell research. Its


The long and winey road

Summer 2015 saw a new trend emerge among Lebanese people’s weekend plans: instead of the traditional beach club or lunch at a Lebanese restaurant on a trip to the mountains, more and more people were opting to spend a day discovering a new winery followed by a leisurely lunch on the premises. Enotourism is defined

Greg Demarque | Executive

A legacy of proper supervision

Whilst the Lebanese insurance sector is quietly perched on the edge of new opportunities, such as insuring a yet-to-be-established oil industry, it currently faces a severe destabilization risk. The lack of a commissioner has disrupted the key and evolving process of supervision, and there may be concerns over who will fill the position and how.