Lebanon, start your engine. “Therally of Lebanon is targeted tobecome a world championshipcourse in 2001,” asserts Gaby Kreiker,director of the Automobile and TouringClub of Lebanon (ATCL). He expects 500foreign journalists …
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You’ve heard it before, we’re sure,that old adage everyone so likes torepeat: Lebanon — the region’sentrepreneurial spirit and center of freemarket capitalism. It seems, however, thatsomebody forgot to tell the …
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“Someone came and said hewanted me to value a propertyat $1,000 per m². I said Iwouldn’t, since it wasn’t worth that. Hewent to a khabeer muhallaf ikary [swornexpert on real …
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In 1996, Ghazi Kraytem, general manager and part-owner of Soliver, foundhimself in a tight spot. A manufacturerof glass bottles, Soliver was facing all thedifficulties afflicting local industry: high realcosts, high …
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Lebanon’s rivers are once again roaring, swollen by springsnowmelt in the mountains. This is an annual blessing. Inthe parched Middle East, where water rights are so guardedthat countries will go …
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August 1990, Iraq invades Kuwait. Within days, Iraq is encircled in one of the most extensive economic blockades ever imposed on a country. Almost overnight, Lebanon loses what had traditionally …
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When Carly Fiorino was paid $100 million in stock to take over the helm at Hewlett-Packard (HP) last summer, the media went ga-ga. The spunky, blond 45-year-old was charged with …
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It seems everyone is talking about a peacedividend these days. Despite their ratherlukewarm first encounter and the subsequentIsraeli raids on Lebanon, there is littledoubt that the chances of Israel, Syria …
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Computer geeks are all the rage these days. Just about everyone is looking to jump on the high-tech bandwagon towards economic growth, and is dreaming of spawning the world’s next …
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The office of Fadi Cumair, the director general of equipment at the Ministry of Water and Electricity, is a plush affair. While his secretaries were busy serving liqueur and chocolates, …