JUNE 2012
EDITORIAL
COMMENT
SPECIAL REPORT: BANKING & FINANCE
Chained to the debt
Exposure of Lebanon’s commercial banks to the state climbs to $29 billion
Maya Sioufi
A chat with Riad Salameh
The government steers a cautious course amid woes at home and abroad
Maya Sioufi
The expert opinion MENA stock tips
Regional investment aficionados put the chaos into context
Executive Editors
ECONOMICS & POLICY
REAL ESTATE & DEVELOPMENT
Hoping good fences make good neighbors
Developers look to more affordable locations as downtown land fills up
Jeff Neumann
FEATURE
Bechara el-Khoury & Mustapha el-Solh
Scions of Lebanon’s forefathers make the Monaco connection
Maya Sioufi
CONSUMER SOCIETY
Drunk on Success
Makdeesi Street’s bar scene grows, as do the happy hours and hangovers
Nabila Rahhal
Worthy prince to the king
Tudor’s Lebanese launch stakes a claim beyond its parent Rolex
Michael Karam
BUSINESS ESSENTIALS
LAST WORD
Please General, do your job
Sectarian considerations must not stop the army from protecting Lebanon
Sami Halabi