Author Archives: Nabila Rahhal

The countdown to political progress

The countdown to political progress

This year will see some economic actors sitting in the sun. It does not require special astrological powers to predict that the first half of 2018 will be good for the bottom lines of local advertising companies, social media platforms, billboard operators, pollsters, and audiovisual companies. Driving down any urban highway or country road and

Moving into a new world of parliamentary participation

At the end of February 2018, German women did it again. Chancellor Angela Merkel—supposedly the most powerful woman in the world, if one believes Forbes—won her Christian Democratic Union (CDU) party’s election overwhelmingly to form a coalition government with the Social Democratic Party (SDP), which had been hotly debated at the party and national level

Cheers for the beers

Compared to the ancient history of beer in the Middle East, Lebanon’s small craft breweries are extremely new on the scene. The earliest evidence of beer brewing was found in Mesopotamia some 6,000 years ago, while the world’s oldest brewery, which was located in Egypt, dates to around 3400 BC. Beer eventually made it to

In high spirits

Behind that flute of prosecco or gin-based cocktail enjoyed at a bar after a long day—or even the single malt whisky or bottle of wine recommended by a premium specialty liquor boutique—there is an intricate distribution chain. Executive sat down with Lebanon’s major spirit importers and brand owners to discuss the Lebanese drinks of choice

Black clouds in the retail sky

Executive sat with Nicolas Chammas, chairman of the Beirut Traders’ Association, to discuss the retail sector’s performance in 2017, in light of continuous market stagnation in Lebanon. E   As of mid-November, how has 2017 been for the trade sector in Lebanon? This year has, unfortunately, been another bad year. The decline in the commercial

The long journey of a large retailer

Local markets have proven remarkably resilient when it comes to resisting the dominance of large retailers that offer fast-moving consumer goods (FMCG) in hypermarkets and supermarkets—those behemoths of daily shopping that you enter with an empty shopping cart the size of a compact car and leave with said cart overflowing. One operator of mega-sized retail

Highs and lows

This year, consumers were bombarded with text messages announcing all the latest store sales and irresistible promotions. Those able to ignore the messages could not have failed to notice the multiple number of shopfront displays with massive red sale signs. Despite all this, most shops remained relatively empty. On the whole, it was yet another

More than one way to cluster

Rabih Saba and Marwan Ayoub are the founders of Venture Group, a development and consulting group known for its hospitality clusters.The group developed Uruguay Street in 2012, followed by The Village Dbayeh and The Backyard Hazmieh. Saba and Ayoub sat down with Executive to discuss their new venture, Restos St. Nicholas, as well as their

Diversifying Lebanon’s tourism

Executive spoke with Pierre Achkar, president of the Lebanese Federation for Tourism Industries and the Lebanese Hotel Association, who says the tourism industry has learned the hard way the dangers of relying on one market. Although no single market can replace the Gulf tourists, he says, the tourism sector is developing alternative markets and new

A mature market

Lebanon’s food and beverage (F&B) industry is finally getting the kudos it deserves: Beirut was named Travel and Leisure Magazine’s Best International City for Food in 2017, and the country has recently been recommended in many global publications for its food, wine, and nightlife. The country is developing into an F&B haven, as more establishments

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