Walk into the Beirut Souks in downtown Beirut in the evening lately and there’s a noticeable buzz of activity that’s been long missed from the sometimes eerily quiet shopping area. …
Category:
Business
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Nouriel Roubini, the famous economist nicknamed Dr. Doom, was predicting the collapse of the world economy in 2013 as he foresaw a perfect “economic storm” for the year. Fortunately, the …
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The investment banking sector in Lebanon is staggeringly small. With Lebanon’s history of maintaining a strong financial sector despite periods of crisis, one would expect its finance professionals to be …
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Two niche markets are driving the business and growth of Jammal Trust Bank (JTB) at the start of 2014. One is in the bank’s home base in Lebanon and the …
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Jad Hatem is a partner at B.E.C.A. Hatem & Partners, one of Lebanon’s leading accounting firms. The company has around 500 clients, many of whom are due to file taxes …
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While the bulk of Lebanese would not hesitate before buying a secondhand car, most frown upon the idea of purchasing, let alone wearing, secondhand or vintage clothes. Deeply engrained as …
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Close to Beirut’s Sodeco Square, a painting of a LL100,000 bill has popped up. It’s not an exact replica of the real note. It features a portrait of the late …
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In today’s global economy, it is imperative for multinationals and large corporations to develop and maintain an international market to remain competitive. Whereas once upon a time that meant hefty …
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Paul Wetterwald is the chief economist of Crédit Agricole Suisse, and was chief investment officer of Crédit Lyonnais Suisse from 1991 to 2005. Carine Hermon is head of private equity …
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While the current slump in the domestic real estate market is largely seen as temporary rather than structural, some astute real estate players are turning to international markets for revenues. …