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 …
Category:
Business
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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 …
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The National Social Security Fund (NSSF) is Lebanon’s main social security program and the country’s largest insurance provider, covering approximately 30 percent of the population. Famed for its endless queues, …
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Continuing with their investigations of banks involved with Iran, United States authorities went after Standard Chartered Bank (SCB) last month, accusing the British bank of helping Iranian banks and corporates …
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“Pending the institution of an old-age insurance scheme, an end-of-service indemnity (EOSI) Fund shall be set up.” So begins article 49 of the 1963 Social Security Law. Run by Lebanon’s …
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"What do you get in an Italian restaurant in Beirut? Sashimi and a hamburger,” and perhaps some of the best Italian cooking outside Italy. This is how one member of …
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The oil industry’s manipulation of governments and the economies of countries to secure and increase profits has been happening almost since there was an industry to speak of. In Timothy …
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The ingredients for creating a successful technology hub in Lebanon are on the table: ambitious entrepreneurs, power hungry venture capitalists and enthusiastic accelerators and incubators. Along with this growing ecosystem, …
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To the more timid businessman, breaking ground on another exclusive beach club in Lebanon might not seem like a sound investment at the moment — given this summer’s grim tourism …