Author Archives: Executive Staff

Q&A: Pascal Gauvin, GM Phoenicia

Q&A: Pascal Gauvin, GM Phoenicia

Reading Time: 8 minutes 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

Reading Time: 6 minutes 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

Insurance Voices – Taking the pulse

Reading Time: 5 minutes Walid Genadry: Head of the ministry of economy & trade’s Insurance Control Commission (ICC) E: The supervision of sector companies and implementation of a fair regulatory framework are crucial for the sector and for your mandate as head of the ICC. What are your expectations as far as further improving sector compliance with supervisory requirements

Q&A: Jacques Sarraf

Reading Time: 7 minutes E: The Malia Group reached a milestone with 50 years of industrial production of cosmetics. Where were the challenges you encountered in building an enterprise in the Lebanese environment? Within 50 years, we have undergone three different ages as a group: from 1950 until 1975, from 1975 until 1990, from 1990 until 2004. Each phase

Q&A: Elie Nakhal

Reading Time: 6 minutes E: How many non-Arab tourists are coming to Lebanon? Lebanon has passed through several stages with respect to non-Arab tourists. We had a period of unfortunate events from 1975 to 1990. After that, we tried hard to get non-Arab tourists to come here. Our efforts were not always successful, despite the fact that we invited

Tourism Voices – High flying times

Reading Time: 6 minutes Pierre Achkar: President of the Lebanese Hotel Association and owner of the Printania Palace Hotel in Broummana E: How many hotel rooms will Lebanon be able to offer its visitors by the end of 2005? How many should it be able to offer? What are the requirements for healthy and sustainable hotel industry development in

Real Estate Voices – No alternative to Lebanon

Reading Time: 5 minutes Nabil Gebrael: Chairman of Coldwell Banker Lebanon E: What should be done to achieve a more mature, transparent and regulated residential market? Nowadays, anyone in Lebanon can operate as a broker, which creates confusion and mistrust in the market. I believe in regulating the market through licensing and continuous education. In a regulated industry, real

Q&A:Ineke Botter

Reading Time: 7 minutes 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

Industry Voices – Light at end of tunnel?

Reading Time: 5 minutes Ramzi Ghosn: Proprietor, Massaya Winery E: Our industry has been forced to seek out new and sustainable export markets and been moderately successful. How can other sectors within the manufacturing or agro-industry replicate this success? To be successful you need a comparative advantage. In the local wine industry, our comparative advantage is the fact that

Telecom Voices – Don’t call us…?

Reading Time: 6 minutes Ghazi Yussuf: Head of the Higher Privatization Council up until the resignation of Prime Minister Rafik Hariri E: Is there a realistic chance for the privatization of cellular assets in 2005? What, in your opinion, are the best and worst case scenarios for the development of the cellular sector in the coming year? There is

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