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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Best Sellers
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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 …
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“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 …
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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 …
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Changes are afoot in the country tothe east. A serious debate is underwayin Syria – one of the last bastions ofSoviet-style central planning – about economicliberalization, opening up borders andmaking …
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Few Lebanese were worried aboutrepairing their cars back in 1990, letalone restoring a vintage automobile.That’s the year that Mondial, a repair shopthat has been restoring classics since 1948,almost went bankrupt. …
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Courier company or restaurant?They’re not as different as youmight think. The owners of Casper &Gambini’s (C&G’s) have proven that point.In 1996, they figured there was good moneyto be made in …
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“I had a dream of making this companythe biggest industrial entityin Lebanon, but I’ve realized thatI can’t and the government doesn’t care tohelp,” says Izzat Kaddoura, chairman ofSoliver (Société Libanaise …