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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W hen Toufic Tasso bought a faltering business school five years ago, he never dreamed of the financial windfall the investment would bring. “I didn’t imagine that there could be …
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You couldn’t pick a worse time to be acontractor. With the economy at astandstill and the debt-ridden governmentreducing public works expenditures,construction projects are scarce. Contractorsare fighting over whatever business they …
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Seven years ago, Imad Kreidieh,founder and majority shareholder ofAllied Distributors, tried to capitalizeon Lebanon’s building boom by selling constructionmaterials and electrical supplies.Business was not brisk, though. The companyhad barely got …
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Switching from the import of cheapproducts to higher quality and now toprojects, Power Tech surged ontothe battery market. Its turnover jumpedfrom about $250,000 in 1994 to $4.9 millionlast year. In …
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Something’s in the air at Sociétéd’Oxygène et d’Acétylène du Liban(SOAL). A subsidiary of France-basedAir Liquide (AL France), SOAL hasgone on the offensive since the early 1990swith new management, a diversified …
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According to a recent report, poverty is on the rise inLebanon. What is the World Bank doing to addressthat issue? PRASAD: Poverty alleviation is the fundamental driving orientationof the bank, …
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Remember a few months ago?You’re in the shower when thepower fails (courtesy of the Israeliair force) and you have to dash for the generatorwith a towel wrapped around you.Generator sales …
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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 …
