Government officials are starting to take a much closer look at the World Wide Web. Thanks in part to the widespread appeal of the Net, the government is becoming much …
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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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C isco Systems, a global leader innetworking for the Internet, hasannounced that it will open anoffice in Lebanon by August 2000. “Weneed to be present to add value in terms …
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Economic focus United States • The economy’s performance is shifting from truly spectacular tomerely good. Mounting evidence points to a slowdown in growth.The latest sign was declining retail sales figures …
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Money Matters
The need to contract out management of social security funds to professional asset managers
Arab countries have relativelylarge pension and social securityfunds by the standards of developingcountries. However, they lag behindin terms of the efficiency with which theyutilize the long-term financial resourcesthey mobilize. In …
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MOROCCO The Casablanca Stock Exchange was almost unchangedin thin trading marked by narrow movementsin blue-chip stocks. The market continues to lack directionin the absence of concrete steps to attract dwindlinglocal …