Business

EFG-Hermes is looking once again to control a Lebanese bank, but this time, it appears it may be successful. The largest publically traded investment bank in the Arab world announced …

It is the sleepy, forgotten neighborhood of overdeveloped East Beirut where, until recently, Achrafieh, Saifi and Gemmayze have been having all the fun and attracting all the attention. But in …

  The high interest historically paid out by Lebanese banks on deposits in Lebanese lira (LL) made the country an attractive location for stashing cash. At its peak, near the …

If Muwaffak Bibi is in charge of your money, then you’re sitting on at least $25 million. The regional head of Citi Private Bank recently sat down with Executive to …

Beirut has the unique ability to bend, shape and mold brand identity to fit its flamboyant clientele. When Hermes opened it doors in Beirut Souks, the brand’s tradition and timelessness …

Labeling this region as the “Middle East” or the lesser used “Near East,” is standard practice in the West, but the region can equally be called “West Asia,” the opposite …

Ever since the Porsche Cayenne debuted in 2003, it has faced a tough question: how to hold its niche in the luxury SUV market without jeopardizing the character of the …

I was born a collector,” says Abdo Ayoub, the man who has put together the world’s largest collection of Lebanese Lira notes. Since 1985 the former Sleep Comfort co-owner has …

  With more than 60 of them jostling for market share, one would expect Lebanese banks to use every trick in the book to lure in customers — including attractive …