Private and corporate Lebanese investors showed faith in future domestic demand for cars by underwriting a new $15 million securitization deal for Rasamny Younis Motor Company (Rymco), the company announced …
Thomas Schellen
Thomas Schellen
Thomas Schellen is Executive's editor-at-large. He has been reporting on Middle Eastern business and economy for over 20 years. Send mail
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10 Ways to Save LebanonEconomics & Policy
10 Ways to Save Lebanon
by Joe Dyke & Thomas Schellenby Joe Dyke & Thomas SchellenAt the start of 2014, Lebanon faces two existential crises so severe that they threaten the very functioning of the state. The first is an onslaught against internal peace and …
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Dubai, the commercial hub of the United Arab Emirates, has reported a 11 percent increase in hotel guests to 11 million persons, according to a March 4 report by the …
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Despite the appointment of a new government last month, Citi Group’s research unit has commented cautiously on Lebanon’s outlook for oil and gas exploration. “Despite the formation of a government, …
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The United Arab Emirates is the riskiest place in the world for getting killed in a road accident but only when compared with the statistical probability of dying from cancer, …
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International investors have been shifting part of their attention from emerging markets to those classified as frontier markets. This attention is in the form of cash, mind you, and thus …
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Spinneys CEO Michael Wright first spoke to Executive over a decade ago. We sat down with him to discuss criticism of the company, future growth and his long-term plans. …
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Even though it was founded 90 years ago in Egypt, is owned by a United Arab Emirates-based investment fund, and is being run by a Brit, much if not most …
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The formula is intriguing from a commercial perspective and it has pizzaz: the Beirut Yacht Club, scheduled to operate for the next two months under a soft-opening formula and celebrate …
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While the current slump in the domestic real estate market is largely seen as temporary rather than structural, some astute real estate players are turning to international markets for revenues. …
