Business

Pierre Achkar: President of the Lebanese Hotel Association and owner of the Printania Palace Hotel in Broummana E: How many hotel rooms will Lebanon be able to offer its visitors …

Fuelled by the continued influx of Arab nationals and capital, Lebanon’s real estate sector continued to grow in 2004 by an estimated 20%. Solidere had an outstanding year, as the …

E: How many non-Arab tourists are coming to Lebanon? Lebanon has passed through several stages with respect to non-Arab tourists. We had a period of unfortunate events from 1975 to …

Lebanon’s inbound tourism in 2004 kept or exceeded virtually every promise and expectation. After ten months of the year, the ministry of tourism could announce that over 1.12 million visitors …

Ziad Maalouf: Senior Vice President of MENA Capital SAL E: Would the Lebanese financial industry benefit from a more stringent regulatory environment? Do you see any realistic opportunities for a …

Walid Genadry: Head of the ministry of economy & trade’s Insurance Control Commission (ICC) E: The supervision of sector companies and implementation of a fair regulatory framework are crucial for …

E: What is the core requirement for a financial company to be successful in Beirut? In general, for a financial company to be successful, it has to be focused on …

E: Is insurance awareness growing in Lebanon? Definitely; for several reasons. The first boost was the introduction of compulsory insurance for expatriates working in Lebanon. Before, there had been many …

Georges Abou Jawdeh: President, Lebanese Canadian Bank E: After encouraging developments on the interest rate front, Banque du Liban has once again adjusted the rates upwards. In such an environment, …

For the Lebanese insurance industry, 2004 was a year of measured improvement accentuated by several highpoints. Visibility and transparency, regional interaction and regional opportunities, the legislative framework, and a healthier …