Author Archives: Executive Staff

abdul Hafiz Mansour- CEO, Horizon Management

abdul Hafiz Mansour- CEO, Horizon Management

Executive talks to Abdul Hafiz Mansour, CEO of Horizon Management, the real estate company, established in 2003, to oversee and develop the Hariri Group’s real estate portfolio, about projects in Lebanon and abroad. E What are the most important projects Horizon has been working on so far? We have been working on three projects to

Telecom sector hopes to pick up in 2006

Kamal Shehadi Managing director of Connexus Consulting E Now that the Telecom Regulatory Authority (TRA) is being put on track with the search for a capable team, how long do you expect it to take until the agency can be fully operational and what should its first actions be? Secondly, is it possible to draw

What went wrong at investcom’s IPO?

Much anticipation surrounded the launch of the IPO of Investcom Holdings in the Middle East. While the Lebanese company did not have any major assets in the GCC or the Levant, it benefited from a high profile due to the political heritage of its main shareholders, as well as its presence at a number of

Tarek Ayntrazi

In August 2005, Tarek Ayntrazi, the Starcom Group’s Middle East chief executive, left the media-buying arm of Leo Burnett after 15 years with the company, to head up Future TV (FTV), taking over from Nadim Munla, now an economic advisor within the Future Movement. Not only was the new position a challenge in the sense

Sami Haddad

Following an exceptionally tortuous government formation process, Prime Minister Fouad Siniora unveiled a 24-member cabinet on July 19. Among the new faces on the political scene was Sami Haddad, brought in from the International Finance Corporation (IFC) – the World Bank’s private sector arm – to head the ministry of economy and trade. Armed with

Fast Track to Growth

Until the assassination of Mr. Hariri and the subsequent uncertainty, Lebanon had, for the previous 18 months, enjoyed relatively robust economic activity, which allowed for the replenishment of reserves, better GDP growth in 2004, vigorous financial sector liquidity, and, through swaps, more efficient management of the country’s debt stock, which in turn allowed for the

Q & A: Fouad Siniora – Forward thinking

Former finance minister Fouad Siniora has been involved in the shaping of the country’s economic policies for the past 12 years as cabinet member and key right hand man of assassinated former Prime Minister Rafik Hariri. Although he moved to the top post at Hariri-affiliated Banque Méditerranée at the beginning of 2005, from the day

Q&A: Pascal Gauvin, GM Phoenicia

The massive explosion that ripped through former Lebanese Prime Minister Rafiq Hariri’s motorcade also damaged the nearby Phoenicia Intercontinental, arguably the jewel in Lebanon’s post-war tourist sector. On the day of the bomb, was running at 80% occupancy. Since then, the hotel has been losing tens of thousands of dollars a day and when EXECUTIVE

Q&A: Semaan Bassil

E: Byblos Bank today is very active in addressing new markets. What are the most important developments and what are the reasons behind them? Three years ago, the bank set up a strategy to start focusing outside of Lebanon, because the economy of Lebanon is small and our bank is big compared to the size

Q&A:Ineke Botter

Running a mobile telecommunications network in Lebanon has in recent years presented itself as profound challenge, not only in terms of achieving operational excellence but also as quest demanding ultimate skills in diplomacy. With new management contracts for the mobile sector in place since mid 2003, EXECUTIVE ventured into the challenging exercise of asking what