“Boring banking,” said Freddie Baz, “is why Lebanese banks have been insulated from the crisis.” Baz, the group chief executive and strategy director at Lebanon’s biggest bank, Bank Audi, said …
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Lebanon’s automobile market seemingly defies economic analysis, as it’s currently experiencing growth while others are in decline. In the Gulf, automobiles sales in the first quarter have plunged by some …
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In the first quarter of 2008, the five listed banks on the Beirut Stock Exchange (Bank Audi, BLOM Bank, Byblos Bank, Bank of Beirut and Bank BEMO) recorded a year-on-year …
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The Lebanese are hardly known for living in harmony. They are more often at each other’s throats — if politics is anything to go by — than working collectively for …
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The region’s real estate markets have seen better times. Jordan’s property prices continue to plummet. Dubai’s real estate bubble has burst. The rest of the Gulf Cooperation Council hasn’t fared …
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Last month, the Lebanese Building Block Equity Fund announced its first investment in a technology firm. The $1 million in funding — which can be increased to $2.4 million — …
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Georges Kern, 37, has been chief executive officer of the International Watch Company (IWC) since January 2002. He has worked in the watch industry since 1992, when he was responsible …
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Executive had a chance to sit down and discuss with Cesar Aoun, the car group manager for Chrysler, Dodge and Jeep in Lebanon, the troubles of the US automakers and …
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Georges Kamal is the CEO of Acres Development, a subsidiary of the retail company Azadea. Earlier this year, Acres launched its first property — Le Mall Sin el Fil — …
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Unlike the alpha banks, Lebanon’s smaller banks in the beta (ranked 11th to 20th) and gamma categories (ranked 21st to 30th) are not wholly concerned about growth. Of course, it …