E: The Souks Project is a quite misleading name. What is exactly meant by the term? Contrary to what many people think, the Souks Project does not refer to …
Executive Staff
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In his 2004 book “Colossus: The Price of America’s Empire,” the British historian Niall Ferguson offered an interesting premise for what might ultimately bring about the decline of the …
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The year 2009 was a modestly tolerable one for capitalism, but not at all for capitalist culture, or the advancement of free minds in freer markets. While the aftershocks …
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Cars, like people, come in all shapes and sizes. We find ourselves describing them in terms ordinarily reserved for humans: muscular, sophisticated, dependable, smart. Often personified by their own …
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In 2009, markets were battered by a seemingly never-ending series of financial crises — burst bubbles, financial meltdowns, soaring oil prices, credit crunches and falling home equity. These crises have …
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Toni Traboulsi Executive manager, Middle East Luxury Group E Rumors of money laundering activities have sometimes beenassociated with some prominent Lebanese luxury groups in Lebanon. Some retail clients have also …
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Is the party over for luxury retail? In Lebanon, in spite of noticeable changes in consumer behavior, the answer seems to be a definite “no,” according to the Fashion powerhouses …
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For international luxury retailers battered by the financial crisis in Europe and the United States, the Middle East has an enduring allure and has remained, in spite of weakening sales …
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Nagy Heneine General manager, Bassoul-Heneine BMW, Mini, Renault, Alfa Romeo and Dacia “Sedans used to be the Lebanese car of choice at over 80 percent of sales,” said Nagy Heneine, …
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Lebanese auto dealers have had to handle a mixed bag of issues in 2009 as they worked to retain last year’s 45 percent rise in sales. For the dealership Bassoul-Heneine, …
