The recession is making itself felt in the number of new businesses starting up and capital investments. According to the latest statistics published by the ministry of industry, the number …
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The 2,000m’ Virgin megastore – slated to open at the Opera House downtown next summer – is set to prove that, when it comes to retail, bigger is better. Shops …
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SOLIDERE The general investor sentiment toward the Lebanese GDRs remains unchanged with local and foreign investors waiting for the upcoming elections for an efficient macroeconomic policy. Solidere’s GDR rose 15.28% …
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What is the role of the ministry of emigrants? JOMAA We have organized numerous activities with Lebanese emigrants.We are trying to create a bridge of communication with the emigrantcommunity. But …
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According to a recent report, poverty is on the rise inLebanon. What is the World Bank doing to addressthat issue? PRASAD: Poverty alleviation is the fundamental driving orientationof the bank, …
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Lebanon may have its first incubator.Netakeoff is a launching pad forentrepreneurs who have innovative ideasbut lack the financial means and supportto realize their brainchild. The company isdedicated to the development …
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• Some signs of moderation are evident in recent economic data, andinflation remains virtually absent. That’s unlikely to stay the FederalReserve’s hand, however. Policymakers are concerned about theunderlying strength of …
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Sales of life premiums grew by just 6%last year, from $74,778,669 to$79,272,469, according to the LebaneseInsurance Companies Association (ACAL).“The slowdown in growth is more related tolife insurance policies sold as …