Oil and gas will not save Lebanon

Reading Time: 3 minutes

As Lebanon races to enter the new oil producers club, decision-makers display a dangerous tendency to put all hopes on this uncertain sector and label it as the economic savior. This goes against the advice of Lebanese experts who have been warning against a “presource” curse  (the underperformance of economic growth after a commercial discovery,

Challenging misconceptions about Lebanese wine

Reading Time: 5 minutes

There is a negative perception of Lebanese wine that views it as overpriced and headache-inducing. This perception may even be shared by some readers of this piece. Luckily, those in the retail and hospitality industries who sell local wine say that this misconception is changing over time. There is a vast range of Lebanese wines

Lebanon must learn from New World wines’ successes

Reading Time: 7 minutes

Lebanon has one of the oldest wine heritages in the world. It has been producing and trading wine for the past 6,000 years; is home to the world’s largest Bacchus temple, dedicated to the god of wine; and one of its cities, Botrys (Batroun), was named after the ancient Greek for grape bunch. Under Ottoman

In search of Lebanese wine’s identity

Reading Time: 8 minutes

Although Lebanon has a rich history of wine production, dating back to the Phoenicians who used to trade it, it has only recently reached a high level of maturity that often leads to introspection and a questioning of identity. The last decade saw the number of wineries in Lebanon go up from about 20 to

Developments in Lebanon’s wine sector

Reading Time: 5 minutes

Late August and September were harvest months for Lebanon’s wineries, and the energy across vineyards, whether in Batroun or the Bekaa valley, was palatable. From grape picking at dawn to Fête des Vendanges brunches (post-harvest celebrations) that stretched until sunset; from gathering around a table de tri (sorting table) for destemming to tasting that first

Lebanese delivery apps eye growth in grocery e-commerce

Reading Time: 7 minutes

In 2019, it seems almost any consumer good can be delivered to your door in Lebanon through a quick phone call, WhatsApp, or click online. E-commerce has been available in Lebanon since at least 2000, when the Buy Lebanese website went live in November that year. In the MENA region, the e-commerce market reached $8.3

UAE emerging as a global innovator in AI

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The past few decades have seen major advances in the field of artificial intelligence (AI). As a result, AI has become a transformative business force, specifically in the technology sector. Numerous organizations are significantly expanding their use of AI tools and services, with 2018 a landmark year for this trend. Supporting technologies, such as computational

The budget outlook for 2019

Reading Time: 3 minutes

It took more than seven months to complete the 2019 budget law, despite the pressing need to have completed it by the maximum constitutional deadline of end January 2019. Had Lebanon managed to produce the 2019 budget within the mandated time frame, it would have gone a long way toward restoring confidence in the ability

Regional turmoil threatens to engulf Lebanon

Reading Time: 4 minutes

Three sets of regional conflicts and turmoil are impacting Lebanon. The country, yet again, finds itself in the most volatile of all regions, with a weak state and a corrupt set of politicians. You would not wish this storm on your worst enemies. The first is the ongoing turmoil emanating from the growing wealth gap,

Come together to further one of Lebanon’s favorite exports

Reading Time: 3 minutes

In a country where it feels there is often little to be proud of, the Lebanese wine industry has offered us quite a few reasons to hold our head high—and could offer us even more if the industry learns to collaborate on a wider scale.  The wine industry has seen a lot of growth over

The dangers of e-waste disposal in Lebanon

Reading Time: 3 minutes

Electronics are becoming more disposable. Indeed, built-in obsolescence, high cost of repair, as well as leaps in technology have shortened their lifespan. The Global E-waste Monitor 2017, a study on electronic waste (e-waste) undertaken through a collaboration of the United Nations University, the International Telecommunication Union, and the International Solid Waste Association, found that in

VCs call for more updates to regulations and legislation to attract foreign investment

Reading Time: 4 minutes

It has been six years since Banque du Liban (BDL), Lebanon’s central bank, announced Circular 331, designed to boost investment in the knowledge economy. Now entrepreneurs seeking seed-stage funding, and those operating VC funds in the country tell Executive that while more capital is available for startups seeking follow-on funding, seed or early stage funding

Profiles of two facilities management companies in Lebanon

Reading Time: 6 minutes

Buildings do not run themselves. Lights must be changed, air conditioner units must be fixed, accounts kept in order, invoices sent, and so on. The list is long and tedious, and, in some cases, outsourced to a facilities management company. Facilities management is not just about lights and air conditioner units, however, it also encompasses

Lebanon releases the 2019 citizen budget

Reading Time: 3 minutes

The 2019 budget law was subject to long debates that left citizens wondering about the ways the budget would affect their lives. It is a daunting task to make sense of the 1,000 plus black and white pages filled with complex tables, numbers, and graphs. To help non-specialists understand the information in the budget law,