In a global climate of patterns’ shifts towards digitization, Mountasser Hachem, chief executive officer and founder of Monty Mobile, entered the world of FinTech on solid grounds through innovative products …
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Business
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With the current financial crisis, and foreign currency gap at the central bank of Lebanon Banque du Liban (BDL), the demand for an auditing of the Lebanese State and state-related …
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One year into Lebanon’s economic crisis, country total net losses are estimated at more than 44 billion dollars by the World Bank’s recent report as of early Q2 2020 and …
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Real estate, long perceived in Lebanon as a long-term investment which would allow reaping profits in an economy of services, was in addition seen as an attractive investment due to …
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BankingBeirut Port explosionBusinessBusinessCultureFinanceOverview
Pivotal events of 2020
by Nabil Makariby Nabil MakariDECEMBER 19Parliamentary consultations take place. Mr. Hassan Diab is nominated to form a government, backed by the Amal movement, Hezbollah, the Free Patriotic Movement, the Marada and others. DECEMBER 20-31Heavy …
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Dear Executive readers, It is our honor to present to you our end-of-year issue. The year behind us has been tumultuous worldwide, and especially for Lebanon – a small country …
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BusinessEntrepreneurshipSpecial Report
Gaming in Lebanon seriously hit
by Nabil Makariby Nabil MakariDespite the Central Bank’s (BDL) circular 331, which allows venture capital firms and banks to finance startups with less risks by guaranteeing investments up to 75 percent, Lebanese tech firms …
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Success is a perfect measure of life. Yet this perfect measure is never in itself perfect. Money, knowledge, passion, experience of gain, learning from failure… All can be successes and …
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Where does one even begin? From the inability to withdraw deposits, to the depreciation of the Lebanese currency, and the default on the Lebanese Sovereign Debt (held in big part …
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The current state of the energy sector in Lebanon is worrying. Daily power cuts coupled with Electricite du Liban (EDL)’s chronic budget deficit, which has contributed to more than half …