Lebanon’s geographic location and trading history dictate the need for three basic premises in terms of its Economic Policy: a strong and stable currency, advantageous trading facilities and low taxes. …
Category:
Business
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BusinessLeadersOpinion
The Lebanese people have the right to know and the capacity to contribute to their economic rescue
Three men in suits, with the carefully groomed looks of advanced-middle-age males, stand on Beirut’s landmark cliff and contemplate the mysteries of the sea that looms some 150 feet below …
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BusinessOpinionQ&ASpecial Report
Q&A with Riad Obegi, chairman of Banque BEMO, on banking sector challenges
At a time when banking is materially challenged by economic and financial stresses, and is faced with extreme criticism from distressed depositors and the explosion of economic commentators and activists …
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BusinessEconomics & PolicyOpinionQ&A
Q&A with Ziad Hayek on his and Gérard Charvet’s plan to overcome Lebanon’s financial crisis
The arrival of a team by the International Monetary Fund (IMF) in Beirut for negotiations on the national need for financial assistance under a rescue package has sparked a wave …
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BusinessCoronavirus AnalysisInsuranceSpecial Report
Q&A with actuary Ibrahim Muhanna on insurance liabilities amid economic crisis
Practically every private household in Lebanon relies on one or other insurance service, beginning with the mandatory protection of motorists under third-party liability insurance or savings schemes offered by life …
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BusinessCoronavirus AnalysisInsuranceSpecial Report
The Lebanese insurance scenario amid threats of global collapse
Judging from the numbers at the tail end of the third phase in the Lebanese lockdown and the start of the transition to a winding-down phase, the picture is flawless …
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BusinessCoronavirus AnalysisInsuranceSpecial Report
Confused outlook on insurance coverage for Lebanese COVID-19 patients
In the immediacy of the coronavirus crisis, the most pertinent insurance question for the holder of a medical policy is simple: Who will pay if I need to be hospitalized? …
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BusinessCoronavirus CloseupInsuranceSpecial Report
Q&A with Nadine Habbal, acting head of the Insurance Control Commission
Lebanon’s insurance sector is highly fragmented, featuring extreme competition between small local players, bank-affiliate insurers, providers that are parts of multinational insurance giants, and—outside of the regulated sphere of commercial …
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Coronavirus CloseupEconomics & PolicyIndustryOpinionQ&ASpecial Report
Q&A with Fady Gemayel on the impact of the coronavirus crisis on Lebanon’s industry
To gauge the extent to which Lebanese manufacturing industry, an often overlooked but crucial driver of the economy, is being impacted by the current global coronavirus pandemic in conjunction with …
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Two months after a blundering collage of new budgetary revenue measures drove people into a unified and spontaneous civil uprising, the state of Lebanon remains an unresolved mess. Six weeks …