Author Archives: Executive Editors

November 2016 table of contents

EDITORIAL It’s time for some serious changes From the Lebanese entrepreneurship ecosystem to capital markets, action needs to be taken LEADERS A small matter of perspective It’s time to break the silence on the CMA Getting competitive Circular 331 needs a legal system to back it Not just the apps Our non-tech startups need support

Not just the apps

There’s cross pollination potential being missed in a certain Lebanese ecosystem. Nowadays, everywhere you look there’s a link between technology and entrepreneurship that seems to suggest the latter is only possible if it incorporates the latest advances in the former. This is a global trend, and it’s driven by the market. Remember, a street vendor

Getting competitive

Policy initiatives work best when they come as a full package. Seeking to elevate Lebanon’s knowledge economy from a struggling local sector to a world-class hub for entrepreneurship, in 2013 the central bank stepped outside of its monetary policy role by passing circular 331. The decision allows local banks to invest directly in startup companies

A small matter of perspective

From the position of Lebanon’s Capital Markets Authority, the world is a garden of well-tended and super-fragrant roses, especially in regard to its own achievements. Thanks to the CMA’s regulatory progress, financial markets should finally start growing to the benefit of Lebanon if all stakeholders would just close ranks and stand shoulder to shoulder with

Health kick

As parents, we often struggle to keep our children fit and healthy in the consumer society we live in. We do our best to feed them nutritious meals and educate them on the importance of healthy eating habits, yet temptations are everywhere and frequently make a mockery of our best efforts. From TV campaigns and

Making green affordable

Lebanon’s real estate sector is going green, with more than a little help from a powerful friend, Banque du Liban (BDL), the country’s central bank. Since BDL made subsidized loans for energy efficient projects available in 2010, developers have been making use of them, building to various international standards. Building green increases construction costs, which

More work needed

Two new rules regulating animal businesses and the ownership of big cats are a welcome step forward, but alone they are not sufficient. Lebanon needs a law governing if and how all types of animals can be brought legally into the country, the conditions in which they’ll be kept and prescribing how violators of such

Another red flag

On Friday, July 1, two men walked toward a microphone to speak as representatives of their respective political parties, but not in their official capacity as ministers. Following a closed-door meeting, they declared the end to a three-year feud. A bilateral deal had been reached concerning the nation’s potential hydrocarbon resources. Lebanon was set to

Wasted opportunities

The lack of transparency in finding a way out of the July 2015 garbage crisis is appalling. Last August, the private sector put forward offers that would have seen modern waste solutions put in place all over the country. The volume of Lebanon’s waste being sent to landfill would have dramatically fallen (see policy story).

Top