Best Sellers

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 …

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 …

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 …

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 …

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, …

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 …

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, …

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 …

“I’m not really a developer,” says Massaad Fares.Neither is he a broker and he has no background inconstruction. His own, stylish office at the bottom ofRue Foch is far from …

Abdul Jessani is reveling in newfoundindependence. “Any profitor loss is now all ours,” says theconfident first chairman of UnileverLevant. Jessani came to Lebanon two yearsago to set up a regional …