For sale: one national airline carrier that has lost $360 million in the last four years. Doesn’t make for a very appealing advert. Could there possibly be any takers if …
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The timing was hardly ideal. Four years ago, the Samba ice cream factory in the Syrian city of Homs began operations, rolling chocolate-covered ice cream bars off its modern assembly …
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0nly on Sunday mornings can the thunder of horse hooves and the cheers and moans of men be heard rising up from the 84-year-old Beirut Hippodrome. In stark contrast to …
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A restaurant owner shopping for new kitchen equipment has plenty of choices. Around 23 different companies compete on the main market for industrial kitchen supply, which is worth about $12 …
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I n case you hadn’t noticed, a new line oflocally made dairy products recently appeared on supermarket shelves. Li ban Lail is the third and riewest major combatant in Lebanon’s …
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Lebanon, start your engine. “Therally of Lebanon is targeted tobecome a world championshipcourse in 2001,” asserts Gaby Kreiker,director of the Automobile and TouringClub of Lebanon (ATCL). He expects 500foreign journalists …
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It’s nice to take a catnap. But if youwake up to find your multi-million-dollarcompany has been reduced toalmost nothing and your former employeesare your biggest competitors, then youknow you’ve overslept. …
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Last year was tough for Sidem. Having long dominated the market for aluminum profiles, the company barely managed to break even. “We have reached a critical stage,” says Andre Kurdy, …
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No trucks, no warehouses, not even a single forklift. Just three rooms, two desks, one secretary and a couple of phones. Not much more can be found on the premises …
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The Obegi family once owned one of the largestand most respected banks in Lebanon. Butduring the war, the family became fed up runningCredit Libanais under harsh conditions. “It was difficultto …
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