Continuing violence and political turmoil in the wake of the February 14 assassination of former Prime Minister Rafik Hariri have spurred fears that the instability could have disastrous consequences on …
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Akram Kassatly, owner of Kassatly Chtaura, the man who saw an opportunity for a locally produced alcopop and gave us Buzz, is now focusing on his first love. Investing $1.8 …
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Credit card issuers Visa International have given another thumbs up in their assessment of the Lebanese market. In 2004, usage of Visa-branded credit and debit cards increased by 32% to …
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Funded by a €1.7 million EU grant, E-Commerce in Lebanon (Ecomleb) aims to promote e-commerce in Lebanon and to formulate a complete set of laws and decrees necessary to facilitate …
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Investment Bank Middle East Capital Group (MECG) and automotive dealers Rymco last month completed a securitization deal representing the first significant act of financial engineering in the period after the …
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Economic recession, political instability and the advertising industry do not make for happy bedfellows. A $100 million industry during the war, the advertising business has steadily shrunk in subsequent years, …
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After an absence of almost 40 years, Chivas Regal has returned to the Lebanese market. But the whisky that was once the by-word for sophisticated drinking is now having to …
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“We can’t keep the blinds open” said Fadi Khoury, chairman of the once magnificent St. Georges Hotel. “They will be able to see me and I can’t risk that.” After …
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With the number of tourists entering Lebanon reaching an all-time high, business has been booming for Beirut’s retailers and restaurants this summer. Cafés and eateries in the Beirut Central District …
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Islamic banking products continue to rise in market appeal, with international and regional banks working to meet demand. The latest Sharia-compliant financial tool to be made available to Lebanese and …