Reading Time: 6 minutes The only things that are growing fast are bouts of desperation and the holes in people’s pockets. At least that’s the popular impression of the Lebanese crisis, one that can locally be reinforced by a trip to any supermarket and that has in recent weeks further been exacerbated by superficial and repetitive international media reporting.…
Executive Magazine’s June issue
Reading Time: < 1 minute As the Lebanese crisis of insufficient politics, imperiled economy, impaired liquidity, and quarrelsome financial behaviors is limping toward its next pain point, the topics of banking and financial restructuring are taking center stage. The judicial and organizational implications for the banking industry are vital for the future of Lebanon’s economy. As always in our June…
Lebanon needs a national strategy for education
Reading Time: 4 minutes The academic year 2019-2020 has been the most dysfunctional one Lebanon has experienced in recent memory. It has also highlighted discrepancies in the quality of education that high-income families have access to versus that which low income families can afford. This inequality needs to be addressed and rectified if Lebanon is to place its hope…
British ambassador outlines prospects of bilateral relations and economic interaction between London and Beirut
Reading Time: 13 minutes The situation may change, but trusted relations remain. Lebanon’s economy today needs honest interaction and connectivity to long-standing partners more than ever before in the history of this state. The United Kingdom is a partner country at the (from Lebanese geographic perspective) far end of Europe that has had engaged with Lebanon in significant ways…
Lebanon’s experience with distance learning
Reading Time: 12 minutes As students across the world got ready for their first day back at school last fall, they could not have known that they would be spending almost all of the last trimester at home, communicating virtually with their teachers and deprived of the usually enjoyable social elements of campus life such as recess or after-school…
In pictures: Protests and clashes in Downtown Beirut
Reading Time: 2 minutes On June 6, thousands of protesters gathered in Downtown Beirut starting at 3 p.m. in the largest protest since the COVID-19 lockdown went into force. Demonstrators were protesting the impacts of the ongoing economic and coronavirus crises that have seen the value of the local currency plummet. Initial peaceful protests soon became heated as supporters…
The impact of Lebanon’s economic woes on schools and parents
Reading Time: 9 minutes Lebanon’s fee paying private schools—which cater to 52.6 percent of the student body in Lebanon or 564,446 students out of 1,073,141 as per the 2018-2019 statistical bulletin compiled by the Center for Educational Research and Development—are in grave danger of falling victim to the ongoing economic crisis plaguing the country. As Executive reported back in…
Impacts of the Greater Beirut Water Supply Project
Reading Time: 6 minutes The planned Bisri Dam and reservoir is but one component of the World Bank-funded Greater Beirut Water Supply Project (GBWSP) that claims it will increase short-term supply of potable water to Greater Beirut by 250,000 cubic meters per day (m3/d) with approximately 1.6 million residents expected to benefit, including 460,000 low-income residents. The GBWSP goes…
Executive Magazine and FNF MENA sign memorandum of understanding
Reading Time: 2 minutes Comprehensive efforts for the development and advocacy for economic reforms in the MENA region are being driven by a first-of-its-kind cooperation between Executive Magazine and the Regional Office Middle East and North Africa of Friedrich Naumann Foundation for Freedom (FNF MENA). On May 21, Executive Magazine and FNF MENA agreed to launch their cooperation by…
Testing for COVID-19 in Lebanon
Reading Time: 6 minutes This pandemic has been described as the defining global health crisis of our time. The novel coronavirus or SARS-CoV-2 is the cause of a deadly respiratory disease called COVID-19, currently affecting all continents, except Antarctica. Worldwide, at the time of writing, the virus has infected more than 5 million individuals and resulted in more than…