Private and corporate Lebanese investors showed faith in future domestic demand for cars by underwriting a new $15 million securitization deal for Rasamny Younis Motor Company (Rymco), the company announced …
Business
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Rana Salam’s studio is a maze of colors, a veritable smorgasbord of Middle Eastern trinkets, icons, logos and visuals, ranging from old movie posters to funky packaging that bursts with …
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International investors have been shifting part of their attention from emerging markets to those classified as frontier markets. This attention is in the form of cash, mind you, and thus …
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The stagnation that characterized the real estate market during 2012 continued throughout 2013. Bad? Perhaps. Stagnation, however, is not regression, and that’s definitely a positive sign. While the market was …
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Lebanon may be confronted with a challenging political and economic outlook, but this did not discourage two of the country’s biggest real estate developers from launching a joint venture for …
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Organic shelves and refrigerators filled with (fresh) organic products can be found in most Lebanese supermarkets these days. A few years ago, these products would have been hard, if not …
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The single biggest problem with communication is the illusion that it has taken place.” One could easily argue that in this statement George Bernard Shaw aptly described the affliction of …
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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. …
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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 …
