Crisis or Opportunity?

by Sherine Najdi & Thomas Schellen October 25, 2024

written by Sherine Najdi & Thomas Schellen October 25, 2024

Villages in turmoil, devastating damages to urban neighborhoods, and people forced into mass displacement: images you see as you peek over the obliterated half of Lebanon. Yet one month into the intense escalation–and subsequent invasion– following 11 months of cross-border assaults and aerial attacks against populated target areas across Lebanon, representatives of Lebanese industry tell Executive that they are staying the course of production and remain dedicated to location Lebanon. “You wouldn’t find any company in Lebanon, if not for the illogical decision to stay here,” says Salim Zeenni, the president of the Association of Lebanese Industrialists. According to him, it is not only the latest Israeli aggression but rather the long chain of systemic obstacles and economic crises that forced industrialists to weigh their options of moving factories to other jurisdictions. Middle East Airlines Air Liban (MEA) Airbus A321 line up at Rafic Hariri Beirut International Airport on April

Sherine Najdi

Sherine Najdi, a financial analyst for the past 4-5 years, holds a degree in Business Administration with a concentration in finance and wealth management. Now writing for Executive Magazine, she uses her deep understanding of economics and financial systems to keep the Lebanese society informed on key economic and social developments. Through her work, she aims to spread awareness and contribute to a well-informed community

Thomas Schellen

Thomas Schellen is Executive's editor-at-large. He has been reporting on Middle Eastern business and economy for over 20 years. Send mail

Crisis or Opportunity?

You may also like