OCTOBER 2014
EDITORIAL
LEADERS
COVER STORY
Lebanon’s murky petroleum business
How wasta, uneven partnerships and an international web of shell companies characterize the country’s new oil and gas sector
Jeremy Arbid and Matt Nash
ECONOMICS & POLICY
Lebanon's competitiveness: Bottoming out
A new report paints a bleak picture of the country's business environment
Thomas Schellen
SPECIAL REPORT: OIL & GAS
Powered by gas
Industry and SMEs could be the biggest winners pending petroleum discoveries
Jeremy Arbid
FINANCE
Making sense of the macro
Julius Bär’s chief economist helps explain global economic trends
Thomas Schellen
SPECIAL REPORT: INDUSTRY
Manufacturing survival
Export and domestic demand are down, adding to Lebanese industry’s troubles
Peter Speetjens
Boom times at the Régie
The Syrian crisis could provide an unexpected boost to Lebanon’s finances
Paul Cochrane
BUSINESS
A credo of success
Gilbert Ghostine dishes on careers, leadership and the unique advantages of being Lebanese
Thomas Schellen
SPECIAL REPORT: BEER, WINE & ARON
Multiple shades of amber
A world of opportunity is opening up for Lebanese beer lovers
Paul Cochrane
BUSINESS ESSENTIALS
LAST WORD
Fighting the resource curse
Only sound macroeconomic policy can save Lebanon from its own oil and gas
Jad Chaaban
