Special Report articles

McLaren lands in beirut

McLaren lands in beirut

September saw the launch of the supercar brand McLaren in the local market with a new showroom in Downtown’s 3 Beirut complex, with its vehicles on sale for the first time in the country. Executive sat down with Chief Executive Officer of McLaren Automotive Mike Flewitt to talk about the relatively young brand and their

The other side

Mar Mikhael usually evokes images of a buzzing nightlife and hip restaurants; what few of the neighborhood’s visitors realize, however, is that there is more to Mar Mikhael than Armenia Street. Even fewer are aware that Mar Mikhael is not bordered by Charles Helou Avenue, but that it in fact splits it in two.  Located

Going nowhere

The latest move to encourage the use of electric vehicles (EVs) in Arab markets came in Dubai. Last month, the Dubai Electricity and Water Authority announced incentives for EVs that include exemption from road tolls and registration fees at the Road and Transport Authority, and free charging and parking at specially assigned locations. The emirate

Drive … At your own risk

Our roads are unsafe. A large number of the cars on our roads are inefficient, polluting, and even dangerous to drive. Many go uninspected, as people thumb their noses at the law, and many more are cheap cars that were damaged and repaired badly, bought secondhand on the gray market. On top of everything else,

Talking about wealth

Wealth is a contentious issue when seen through the lens of social improvement. Viewed from the position of social equality, it is a recipe for dissatisfaction and, sometimes, disaster. How does a private banker reconcile obligations to clients with social responsibility and ambitions for national improvement? Executive sat down with Jean Riachi, chairman of FFA

All the makings of

It is common to associate wealth management with private banks, family offices, brokers, asset managers, and other financial intermediaries. But the structuring and transmission of wealth also touches upon many that are outside of the financial trade. Interactions between essential sectors in an economy and smaller surrounding activities are normal. Some globally significant industries, such

Private returns

International reports suggest that the Middle East is currently the world’s second fastest growing region in private wealth, trailing only Asia. According to a Global Wealth 2017 report published in June by Boston Consulting Group (BCG), an international management consulting firm, the private wealth segment picked up momentum globally in 2016, but with visible regional

When two passions merge

While it is often said that design talent in Lebanon is plentiful, a substantial percentage of this talent could be going to waste because of the lack of free design education in Lebanon. Enter Sarah Hermez, a Parsons School of Design graduate, and her former Parsons professor Caroline Simonelli, who together founded Creative Space Beirut

Hussain Bazaza

Hussein Bazaza did not grow up wanting to be a fashion designer, although he has loved sketching dresses since he was a child. “Everyone who knew me thought I would be a great fashion designer, but I never wanted to be one,” he recalls, noting instead his interest in interior design or filmmaking. After finishing

Rami Kadi

From as far back as he can remember, Rami Kadi has been passionate about the art of embroidery and other traditional craft skills. This passion ultimately led him to choose fashion design as a career path and so he enrolled at ESMOD Beirut, graduating in 2008. Following his graduation, Kadi worked with Rabih Kayrouz and

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