Rasamny-Younis Motor Company(Rymco) is still holding on to thenumber one position in car sales inthe local market with a 14.4% share so farthis year. That’s good news for the only …
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Imagine you arrive home tofind that your landlord hasstuck the phone bill inyour apartment door. Shock. Forthree months of local calls andInternet use the total is a whopping$450. Stuffing the …
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In the first month after the Israeli pulloutfrom the South, there were no skirmishesat the border and no air attacks onpower stations. Some believe that BasharAssad as the new leader …
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For years they’ve been looking with bated breath at their eastern neighbor. It’s a market of over 16 million consumers, four times the size of Lebanon’s. Its cheap labor and …
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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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On May 16 the Federal Reserve continued itssearch and destroy mission to stamp out potentialinflation threats and bring the US economicgrowth rate down to safe levels. But the Fed did …
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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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Springtime has been a turbulent season for the USstock markets. Tech-heavy Nasdaq, which has beenclimbing at a torrid rate and reached its high in earlyMarch, fell dramatically by mid-April. The …