With the International Monetary Fund forecasting the Lebanese economy to grow by just 1.5 percent in 2011, it is no surprise that the automotive sector has not had a stellar …
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As chairman of the Beirut Traders Association, Nicolas Chammas oversees study and research into Lebanon’s commercial sector and lobbies the Lebanese government on behalf of traders. In a chat with …
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While 2011 may yet prove to be a good year for democratic ambitions in the Arab world, it was most certainly not a good one for tourism in Lebanon. Put bluntly, …
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Against a background of flatlining national economic growth, Lebanon’s retailers have suffered a double blow this year, with many big-ticket shoppers from Europe and the Middle East avoiding Beirut for …
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While 2010 saw the launching of five development megaprojects, all in downtown Beirut, this year saw a more modest track of real estate announcements. The biggest by far was the …
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Few would disagree that the minimum wage in Lebanon needs to increase to help the poorest socio-economic segment of the population better meet the rising cost of living. And while …
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Lebanon’s insurance sector is approaching, ever so slowly, a time where global and regional macroeconomic enablers could provide the scale of economics that the industry has been chasing unsuccessfully for …
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Insurance companies in Lebanon may have a future filled with potential but their presence is also stacked with risk. Although sector growth in 2011 to date has not been bad …
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The most significant innovation in the Lebanese insurance industry this year is transparency in on-time delivery. For the first time in roughly 60 years of collecting premiums and paying claims, …
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The Association of Insurance Companies in Lebanon (ACAL) is the leading voice representing insurance providers in the country. Executive sat down with ACAL president Assaad Merza to learn about the …