Devaluation. Is it a dirty word? These days you can find doomsayers on what will happen to the Lebanese pound – but they don’t want to get caught on what …
Peter willems
Peter willems
Peter Willems is a business and politics journalist who reported widely in the Middle East in the 2000s. He was on staff at the Yemen Times (2004–2005), covering economy, press freedom, and regional affairs, and shooting news.Earlier, he wrote business pieces from Beirut for Executive Magazine (Lebanon) in 2000
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Bou Khalil Markets recently shifted into expansion overdrive. In 1999, the supermarket chain listed on the Beirut Stock Exchange opened outlets in Tripoli and Mkalles and built a central distribution …
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Rallies at the Beirut Stock Exchange (BSE) are rare. There has been little interest In Lebanese stocks for the last two and a half years. Trading volume dropped from $640 …
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Stock of Politics Investing in stocks is pure speculation. But for Solidere, the most active company on the Beirut Stock Exchange (BSE), taking up over 70% of the total market …
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Could you imagine the deficit drops over 20% by the end of the year? Debt servicing, now exceeding revenues, becomes less of a burden? A healthier climate renews investor confidence? …
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T he rating agency just won’t quit. Two months ago Standard & Poor’s (S&P) threatened that if the government didn’t do something about fiscal problems running wild, Lebanon would be …
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Imad El-Hajj, president of AmericanUnderwriters Group (AUG), probablynever thought of it, but his job is muchlike that of a priest. In times of trouble, anxiety,and worry, people come running tohim. …
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Condolences to Solidere shareholders. Profits of the realestate company, responsible for rebuilding the BeirutCentral District (BCD) and the largest business inLebanon, plummeted from $54.2 million in 1998 to $3.7 millionlast …
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The first time EXECUTIVE met Jean Riachi, chairman and generalmanager of Financial Funds Advisors (FFA), was in thesummer of 1998 at the head office of Bou Khalil Marketsin Baabda. The …
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You’ve heard it before, we’re sure,that old adage everyone so likes torepeat: Lebanon — the region’sentrepreneurial spirit and center of freemarket capitalism. It seems, however, thatsomebody forgot to tell the …
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