Author Archives: Tarek Zein

Telecom reforms get jammed in the system

Telecom reforms get jammed in the system

Another year has passed, yet it seems that time is at a standstill for the Lebanese telecom industry. To date, there has been no privatization, the Telecommunications Regulatory Authority (TRA) is yet to appear, as is a third mobile operator, broadband internet access, and the reduction in call costs. It even seems that due to

Investcom: Lebanon’s Telecom adventurers

The figures from the Investcom IPO were truly phenomenal, making it the biggest international share sale by a Middle East company. Some 59.9 million Global Depositary Shares (GDS) with a value of $12.35 each were sold, totaling $741 million. Representing 22.6% of the company, the share sale – which was eight times oversubscribed – created

It ain’t easy being green but industry is adapting

Last month saw two major local cement producers, Holcim Lebanon and Cimenterie Nationale, both acquire an ISO 14001 accreditation – the International Standard Organization’s guideline for environmental management tools – and later announce that they planned to invest more than $5 million over the next five years and $15 million in the next four years,