Closing the infrastructure gap in Lebanon

With the world’s population expected to grow by 2 billion—reaching almost 9.5 billion by 2040—one of the major structural changes that would need to keep pace is the development of infrastructure. The world is expected to need close to 100 trillion dollars worth of infrastructure investment by 2040, mainly in developing countries, according to estimates

The patriarchy problem

Lebanese voters will head to the ballot boxes in just a few days. One of the major changes to the electoral scene after thrice-delayed parliamentary elections has been the increase in the number of female candidates, up from 3 percent of overall candidates in 2009 to 14 percent this election. This time around 111 women

A dynamic heart

Executive sat down with Mounir Douaidy, board member and general manager of Solidere, to discuss progress in the company’s master plan for Beirut Central District (BCD), and how the planned developments could contribute to the revitalization of BCD as a tourist destination that encompasses the essential pillars of hospitality, retail, and cultural activities. E  

A Beirut spring

The telltale signs that herald spring in Lebanon are already in full swing: the longer days, the blossoming streetside flowers and trees, and the mounds of janarek (sour plums), freize (strawberries), and akidinya (loquats) at roadside fruit stalls have all made their early appearance this year. This is in addition to the most indicative—and sad—sign

Multiple impacts

The technological entrepreneurial ecosystem has, without a doubt, grown exponentially over the past two decades in Lebanon. However, one organization that has been spearheading the high-impact entrepreneur movement sought to gauge the true impact of these movers and shakers in technology, with a focus on the connections between these companies. Working to build a culture

Don’t get caught up in the hype

It is tempting for resource-poor countries to overestimate the promise of newly discovered hydrocarbon resources, particularly in times of need. Cyprus’ experience after the discovery of the Aphrodite gas field in late 2011 is revealing. Back then, during a time of economic crisis, many placed unrealistic expectations on this potential offshore wealth, hoping  it would

The illusion of change

Lebanon is set to elect 128 Members of Parliament (MPs) on May 6, based on a long-awaited proportional system. Proportionality, in theory, ensures better representation of the population by allocating for each list a number of seats that is proportional to the number of votes it received. This is a clear step up from the

Mapping the money

At the end of March, Lebanon passed the 2018 state budget, the second budget passed in a six-month period after almost 12 years wihout any budget at all. The 2018 state budget features a 0.06 percent decrease in total spending compared against the 2017 state budget, with current expenditures declining 4 percent and capital expenditures

Behind the talk

April was a milestone month, not one of celebration but of remembrance. Forty-three years ago last month is considered the start of the country’s civil war that drove many Lebanese to emigrate, displaced others, and killed many more, in addition to the 17,000 who cannot be accounted for. Beside the human toll, the civil war

Taxes 101

As evidenced by recent surveys and public polls, Lebanese are disenchanted with their overall tax system and consider their obligation to pay taxes a burden. But they are decrying the many defects of their tax system without even understanding it. According to a national survey conducted in 2012 by the Institut des Finances Basil Fuleihan

Beyond start-ups

Lebanon has followed other countries in the region and abroad in promoting entrepreneurship to achieve economic growth and to generate future job opportunities. Entrepreneurship is considered a valid tool to help lead the country into a knowledge economy, where the role of information and technological change are the main drivers. In this context, education can

Offshore petroleum investments made riskier

In light of the recent Lebanon Investment in Infrastructure Conference as well as the highly anticipated  CEDRE conference (also known as Paris IV), it is undeniable that attracting private investment is Lebanon’s top priority. This comes shortly after the country signed petroleum contracts with international oil companies (IOCs) for the exploration and production of offshore

Say (goat) cheese

Goat dairy production has a long history in our part of the world. Archaeological evidence suggests that goats were the first dairy animals to be domesticated, sometime between 9,000 and 8,000 BC in what is today Iraq and Iran. Goat milk was also mentioned in the Bible, with the prophet Abraham owning herds of goats,

The untouchable hotel

While it is widely assumed that Lebanon’s real estate business is rife with unethical dealings, only a few detailed examples of wrongdoing actually come to light. In the case of Eden Bay, a resort situated along Ramlet al-Baida—Beirut’s last public beach—evidence of violations and fraud piled up throughout 2017. The disclosures culminated in the form

Troubled and troublesome

Every stroll in the Eastern Mediterranean lands means walking in the presence of some historic reference. Transformed into politics and national ideologies, history has long been a tool of identity building. When looking at identity politics, these days may we squirm over the rise of new, presumably white identity politics in the United States or

Top