Author Archives: Jeremy Arbid

Is there a real estate crisis?

Is there a real estate crisis?

Since at least 2014, the country’s real estate developers have been warning of troubling times ahead. The sector slowdown had begun much earlier, as Executive reported in its October 2018 real estate special report, and sector stakeholders have, for several years now, expressed hope that the next year would be better—repeating this mantra, as if

Ziad Hayek discusses new PPP projects

At the end of October, Executive interviewed Ziad Hayek, secretary general of the High Council of Privatization and PPP (HCP), to learn of proposed public-private partnerships. The HCP had organized stakeholder meetings to discuss public-private partnership (PPP) proposed projects. This interview primarily discussed two PPP projects that are now in the pre-planning phase—the expansion of

Lebanon faces a lot of big IFs in 2019

Since 2011, Lebanon’s economy has been exhibiting recessionary symptoms. Economic growth slowed from 8 percent in 2010 to 0.6 percent in 2017, as measured by the country’s public bean counter, the Central Administration of Statistics. For 2018, the International Monetary Fund (IMF) projected GDP growth at just 1 percent. At the time of this writing,

12 new Lebanese startups

In previous years, attending a startup demo day in Beirut—where hopeful graduates of accelerator programs present their projects and pitch for recognition and financial investments—tended to require a will to smile politely and some tolerance for boredom. But in September and October of this year, demo days and startup competitions with Lebanese entrants—some held in

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