Home OCTOBER 2009

OCTOBER 2009

by reeda

OCTOBER 2009

 

EDITORIAL





COMMENT



The long road to Damascus
US-Syrian rapprochement inches forward with miles to go






Lockerbie’s cloak and dagger
Dodgy dealings surround Libyan bomber’s return home






How politicians stymie Lebanon
Leaders trade horses, kill reform and cripple the country






Banks bothered but buoyed
Sovereign floats leave Gulf banks near unsinkable






Five tests of Obama’s mettle
At home & in the Middle East, US president runs the gauntlet






Capitalism’s reckless amnesia
Business as usual returning as financial crisis forgotten




EXECUTIVE INSIGHTS



The future of print
The future of print in the Middle East












BANKING







Lebanese banks expanding regional reach
Lebanese overseas presence expanding further






A bank that grows from strength to strength
From strength to strength — FFA Bank


and




The bishops of banking
Mid-sized banks play the same game as the big boys






A defaulting horizon
Wary Dubai banks pinch on mortgages in a high-risk market






Samih Saadeh (Q&A)
An Executive chat with the general manager








FEATURES



Lebanon’s Cannabis Commerce
From the farms of the Bekaa valley to the streets of Europe






Kicking the habit
Center rehabilitates addicts and spreads awareness about drug abuse






Captain Hook incorporated
East Africa’s piracy business booming






The Mediterranean Madoff
Hundreds of millions of dollars disappear in the Salah Ezzedine scandal






A brutal call
Nokia Siemens “monitoring center” taps phones and tracks protesters






Playing on a shoe string
Sports club revenue limps from the field






Heating wars
Ankara plays on two pipelines




REAL ESTATE











Cityscape Dubai 2009
Tough times make regional property show a low-key event






Dubai’s slide slows
Market to stabilize in 2010, perhaps even recover in 2011






Small and quaint demand
Housing market in Lebanon underserved at the lower end






Ghassan Youssef (Q&A)
An Executive chat about high-end property developments in Lebanon




CONSUMER SOCIETY



Aging potential
Wine industry waits for the right time to ripen






An industry cheers
The Middle East garners a taste for the good drink




SPECIAL REPORT: NUCLEAR ASPIRATIONS



A Nuclear Arab World
Atomic energy’s emergence near inevitable




FINANCE







The Art of doing business in Lebanon
The World Bank’s rankings of country competitiveness






Private equity’s local game
To succeed, private equity needs a local game






Fortifying the home front
Legislation aims to protect and boost capital for national industries






Energy to grow
Electricity infrastructure overhaul to power a charging economy




SPECIAL REPORT: MICROFINANCE



Financing cedar seedlings
Access to small-business credit could lift thousands of Lebanese out of poverty






Microcredit reaching out
Across the Middle East, microfinance is shifting from a non-profit to a commercial model




COMPANIES & STRATEGIES



“Yahoo!” in Arabic
Internet behemoth buys Maktoob.com to log in to Arab markets




SPECIAL SECTION: YOUNG ARAB LEADERS



Odeh Shehadeh Zaghmouri
CEO of the Palestinian Company for Distribution and Logistics Services




BUSINESS ESSENTIALS





CAPITALIST CULTURE



Humbled in crisis
US Iran policy reoriented in wake of financial fallout