Business articles

Positive steps

Positive steps

Entrepreneurs have had a good year in 2014. With the eTobb team being admitted to Mountain View’s 500 Startups, considered to be one of the top accelerators globally, and with one of the cofounders of Ki being admitted to the Startup Sauna accelerator in Helsinki, Lebanese startups are increasingly showcasing their talents abroad. Closer to

The technologies of tomorrow

Innovative Lebanese manufacturers are harnessing the technologies of tomorrow in their factories today. Executive went to Technica for an inside peek at how the company employs robotic technology in the manufacturing and maintenance of automated turnkey solutions — machines that, for example, package candy bars and other consumable products. Starting as a small operation in

Promising outlook

Lebanon’s entrepreneurial landscape has been maturing in recent years, as witnessed by the emergence of highly motivated youth, the growth of the venture capital industry, and the creation of accelerators and programs to support the development of new companies. Despite these commendable achievements, the country’s startups continue to face numerous challenges. While Lebanon provides a

Industrialization in a global economy

Important partners of Lebanon, such as the European Union and the United Nations, have long advocated sustainable expansion of industrial capacity as a core requirement for Lebanon’s economic development. Past and present collaborative projects such as ELCIM (Euro-Lebanese Center for Industrial Modernization) and the interaction with the United Nations Industrial Development Organization (UNIDO) are testimony

Muddling through

For Lebanon’s manufacturers, 2014 was a difficult year. The promising gains the sector had made in the preceding year were diminished as the many oft-cited impediments — those of political and security instability, and high operating costs — hindered a continuation of industrial growth. It was, at best, a year in which factories muddled through

Industry matters

Top Asian industrial producers like China, South Korea and Thailand consistently rack up over 30 percent of their gross domestic product (GDP) from the value added by their manufacturing industries. The contribution of manufacturing to the Lebanese economy in each of the past 10 years has, by the World Bank’s estimations, notoriously been below 10

Catering food

Executive profiled a collection of beloved Beirut venues which have been in operation for more than 35 years and evoke strong feelings of nostalgia among the city’s residents. The aim was to discover more about their history and learn the secrets of their success, nostalgia aside.   Socrate got its name due to its proximity

Munching on falafel

Executive profiled a collection of beloved Beirut venues which have been in operation for more than 35 years and evoke strong feelings of nostalgia among the city’s residents. The aim was to discover more about their history and learn the secrets of their success, nostalgia aside.   Opened in 1935, Falafel Sahyoun started selling falafel

Hurdling the competition

Executive profiled a collection of beloved Beirut venues which have been in operation for more than 35 years and evoke strong feelings of nostalgia among the city’s residents. The aim was to discover more about their history and learn the secrets of their success, nostalgia aside.   Sporting Beach Club was established in 1953 by George Abu-Nassar

Sweet memories

Executive profiled a collection of beloved Beirut venues which have been in operation for more than 35 years and evoke strong feelings of nostalgia among the city’s residents. The aim was to discover more about their history and learn the secrets of their success, nostalgia aside.   Launched by Nabih Maroun in 1957, and still

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