Fire alarm

Speak up

Around this time last year, business leaders representing the Economic Committees, a collection of representatives of the nation’s private sector companies, met with government officials to sound the alarm bells over a tanking economy. Their contention then was that leading economic indicators suggested the economy was in terrible shape, going so far as saying the

Tony and Mohamad, Mótto's founders, in front of the restaurant

Pay what you want

Picture this: You walk into a restaurant, serve yourself a generous helping of each of the items on the buffet, have a waiter pour you unlimited cups of water and then get up to have another helping from the buffet. Before leaving, instead of requesting the bill, you pay what you judge to be a

S2C

Seeing is believing

Disappointing, frustrating, surprising, uninspiring, exciting, amazing… Depending on how you experienced the 2014 FIFA World Cup, which team you were supporting or how much of a die-hard fan you consider yourself to be, this is how you would probably describe the games that ended on July 13. Without delving into the details of which team

Iranian President Hassan Rouhani

A promising start

Mohammad Khatami has criticized a six year jail sentence handed to journalist and activist Serajeddin Mirdamadi. In speaking out, the former president reflects a sense among fellow reformists that little has changed in the year since Hassan Rouhani assumed the presidency promising to “desecuritize” Iran’s domestic atmosphere. Mir-Hossein Musavi and Mehdi Karroubi, former presidential candidates

Single and ready to...

Single and ready to…

“The telephone rang. It was my 70 year old great-aunt. My heart crumbled. I knew full well what was coming next. ‘Hello there sweetie,’ she chirped. ‘So, have you met anyone special?’ Her tone became grave and stern. ‘Not yet,’ I replied in a rather ‘goodness not again’ manner. ‘Tsk,’ she snapped. ‘You’re 34 years

Angry faces are painted on port construction material.

No project, but no public

This article is part of a continuing Executive investigation into public and private lands along Beirut’s western coast. For more stories in this series, click here. When the Ministry of Environment called today for the Municipality of Beirut to deny building permits on Raouche’s coastal Dalieh area, it didn’t faze the owners of the private property.

Oil & Gas Investment

Follow-on effects

Lebanon’s banking sector is always on the prowl, searching high and low for new ways to expand and diversify its portfolio. From driving expansion into foreign markets to expanding its customer base at home, some local banks have already started to look for ways to expand in a whole new sector: financing to exploit Lebanon’s

film_cheeky bytes

Local fashion fantastic

The fashion, the glamour, the luxury. Beirut has long been full of trend crazed, snazzy dressers and designers keen to leave their mark on the international scene. Beyond the obvious fashion victims and overly zealous devotion to cosmetic surgery, lies a city that regularly comes alive with exhibitions and events that celebrate local artistry, artisanship

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

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