"People are killing each other to steal LL100,000 or LL200,000,” says Mohamad Choucair, president of Lebanon’s Chamber of Commerce, Industry and Agriculture. “That’s how bad the situation is.” While perhaps …
Business
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Kidnappings, blocked roads, robbed banks and travel warnings are among Lebanon’s latest upheavals. The country’s economy is feeling the pressure with stores and restaurants closing down, hotel occupancy rates plummeting …
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The regional property market is eagerly anticipating the Cityscape Global (formerly Cityscape Dubai) real estate fair, due to take place from 2-4 October. The real issue at stake is whether …
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Talent rising Behind the app Beauty built one piece at a time
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Samer Hanna is both a pioneer in Lebanon’s online economy and a leader in his niche, which, in simplistic terms, is the provision of outsourced information technology (IT). Hanna is …
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Last month’s market news was tainted with scandals yet again, most notably British bank Standard Chartered was accused of hiding some 60,000 transactions facilitated for Iran, worth approximately $250 billion. …
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The development of an efficient, modern and systematic arbitration process is arguably a central tenet that accompanies a country’s economic development and progress. Among other marks of quality, growth-oriented countries …
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For paying nearly a quarter of each employee’s monthly salary into the National Social Security Fund (NSSF), one would think that private sector businessmen would be ensuring a nice retirement …
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When planning retirement in Lebanon, a key question one needs to ask is “Do I have enough money in my savings account for my old age?” And if not, then …
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In the olden days, Uruguay Street, behind what today is the Samir Kassir Square, was better known as the Souk El Kmash, or the “Clothes Market”, and was famous for …
