MOROCCO Equities on the Casablanca StockExchange remained under pressure,with most investors opting for thesidelines in anticipation of 1999corporate results. Share prices headedmostly downward in thin liquidity asinstitutional selling outweighed buying.Total …
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The Messiah? Chafic Muharram, former vice governorof the central bank, has been asked totake over the helm of the faltering BanqueLibanaise pour le Commerce (BLC) by thebank’s general assembly. As …
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What steps should Lebanon take to join the Euro-Med Association Agreement? KOURKOULASThe main obstacle is that Lebanon must reduce or abolishcustoms duties. They should replace this method of gaining revenues.The …
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Centuries ago, Phoenicians set sail from these shoresfor destinations as far away as the Atlantic coast ofAfrica or even, some speculate, America. Today,despite formidable obstacles, a small group of Lebanesesailors …
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The Lebanese palate may be softening. Not longago, if you wanted something raw, kiba nai, rawlamb meat, was the meal of choice. Now the subtlerJapanese dish of sushi – raw …
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Microsoft’s much-awaited Windows2000 has finally made its worldwidelaunch. The new product comes inthree packages, Professional, Server, andAdvanced Server (see table). The newoperating system is an upgrade toWindows NT rather than …
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The resumption of talks betweenIsrael, Syria, and Lebanon is generatinghopes that a peace agreementcould be reached this year. Such adevelopment would enhance regional stability,reduce the degree of risk perceived byforeign …
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The opening of Ericsson’s regional office in Beirut is a rare andwelcome development, since pessimism clouds Lebanon’s outlook.Nael Salah, vice president and general manager ofEricsson Middle East, talks to EXECUTIVE …
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SOLIDERE Solidere’s GDR found itself the beneficiary of positive investor expectations upon news of the planned resumption of peace talks between the Syrians and the Israelis. Even though the real …
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Deep in the Bekaa Valley lies one of Lebanon’s newest vineyards, Clos St. Thomas winery. More than $4 million has already been injected into the enterprise, but it’s evident that …