Gibran Khalil Gibran’s poem Pity the Nation, published in 1933, could almost have been written about lockdown in modern day Lebanon. Most prophetic is the line “pity the nation that …
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Agricultureagro-industryCoronavirus AnalysisSpecial Report
Economic and coronavirus crises threaten Lebanon’s already fragile food security
For almost anyone residing in Lebanon, trips to the supermarket have become laced with a vague sense of apprehension. The more privileged may wonder how much the price of their …
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AgricultureCoronavirus CloseupOpinionQ&A
Q&A with Nadine Khoury, COO of Robinson Agri, on how COVID-19 has impacted agriculture
Lebanon’s ongoing economic crisis has highlighted the importance of well-functioning productive sectors—namely agriculture and industry—to a country’s GDP and economic well-being. This was further emphasized with the COVID-19 global pandemic …
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Coronavirus AnalysisEconomics & PolicyHealthcareOpinionQ&ASpecial Report
LAU study on COVID-19 spread estimates extreme social distancing could save 150,000 lives
On March 19, the Office of Graduate Studies and Research at the Lebanese American University (LAU) released the results of a study (see below) on the effects of different levels …
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Hospitality & TourismLaborSpecial Report
Lebanon’s economic crisis weighs heavy on F&B outlets and hotels
In Lebanon’s service-oriented economy, the hospitality and tourism sector is largely considered a beacon of strength. Its direct contribution to GDP by end of 2018 was 6.5 percent (according to …
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Businesses across all sectors in Lebanon, and the employees that are at their foundation, are suffering under a weakening economy. Indicators of this reality are in full display across the …
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InvestmentReal estate
Recent investments in property benefits Lebanese real estate developers and buyers
IN BRIEF Prior to October 17, 2019, the real estate market was suffering from high developer debt and low interest rates on deposits. Lack of trust in banks has since …
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The third discussion in Executive’s roundtable initiative was designed to cover a broad selection of topics—regarding health, education, and labor—under the banner of social development. Already a dense focus, the …
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Executive has long recognized the importance of fighting corruption as an essential step toward creating a strong economy for Lebanon. Both previous versions of Executive’s Economic Roadmap (version 1.0 published …
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The once mighty food and beverage (F&B) sector is today falling under the weight of the current economic crisis—the dollar shortage, increased cost of living due to exchange rates, and …
