Home SEPTEMBER 2009

SEPTEMBER 2009

by reeda

SEPTEMBER 2009

 

EDITORIAL





COMMENT



Phoenicia‘s forgotten treasures
A trip with a renowned archeologist uncovers the Lebanon






Serve but don’t swim
The racist policies of Lebanon






Obama’s healthcare woes
Obama caught between healthcare reform and lofty expectations






An embargo that shouldn’t fly
Western sanctions on civilian aircraft a safety threat that has proved deadly for Iran






The Arab trading bloc
Inter-Arab Trade set to increase in the wake of the global downturn




EXECUTIVE INSIGHTS



Front-office self-assessment is good for the firm
The difference between being a good leader and thinking you are one






Those who lead and those who follow
The role of communication in the making of a successful leader


and


BANKING







GCC – The Saad-Algosaibi disaster
Lack of transparency in Saudi firms






Bank of Beirut – Salim G. Sfeir (Q&A)
The chairman and general manager talks about plans to expand








FEATURES







Surgery and sunshine
Medical tourists go under the knife, then off to the beach






Hand on the pump
Kingdom’s oil policy set to shift with changing global dynamics






Losing power
Electricity production drops, demand increases and infrastructure ages






Car leasing shifts gears
Financing instrument gains ground in the auto market




REAL ESTATE







Lebanon – Home on a mountain
A look at the BeitMisk residential development






Lebanon – Sama Beirut
The pros and cons of Beirut






UAE – Investors vs. developers
Property market reeling from lack of trust and a rush of litigation




CONSUMER SOCIETY



McLaren – Ian Gorsuch (Q&A)
Regional director for the Middle East and Africa






Crepaway – Claude Thoumy (Q&A)
Founding partner, chairman and general manager




SPECIAL REPORT: INTERNET & COMMUNICATIONS TECHNOLOGY



The big broadband JOKE
Why Lebanon’s Internet sprints at a snail’s pace






The telecommunications divide
Middle Eastern governments boost Internet and communications technology spending but red tape hampers development in the sector






Sami al-Basheer al-Morshid (Q&A)
Director of the Telecommunications Development Bureau at the International Telecommunications Union






The next generation of business applications
The next generation of business applications




FINANCE







Orbital ambitions
Emirate invests in Virgin Galactic’s private spaceliner dream






Food security – Harvesting another’s crop
Wealthy Arab governments and funds buy up land in poor nations






Nabil Sawabini (Q&A)
A chat with the chairman and chief executive officer






IPO Watch – A Saudi solo
Kingdom's market nearly the only one moving






Regional equity markets
A look at Arab world indices for August




SPECIAL SECTION: YOUNG ARAB LEADERS



Rami Makhzoumi (Q&A)
President & CEO of Future Pipe Industries Group in the UAE




BUSINESS ESSENTIALS





CAPITALIST CULTURE



Lebanon – A state of patronage
Only path to economic progress is to circumvent the system