Be careful what you wish for. President George W. Bush and his close circle of neoconservatives wanted regime change … and they got it. Okay, it was not exactly what …
2006
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The ultra rich—those who hold more than $30 million each—have increased their assets by 8.5% to $33.3 trillion in 2005 from $30.7 trillion in 2004, Merrill Lynch and Capgemini said …
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In May 2006, Christie’s held its first-ever auction in the Middle East, a sale of international contemporary art with an emphasis on Arab and Iranian works. All expectations were shattered: …
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Lebanon is still a wildcard in the Syrian deck. The Syrians know it and the Lebanese know the Syrians know it, so they will only have themselves to blame if …
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January 2006 Beirut experiences a relatively muted new year after the killing of MP Gibran Tueni and the revelations of former Syrian Vice President Abdel-Halim Khaddam on Arabic satellite TV. …
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The Lebanese banking sector has survived and thrived through not one but two major shocks in two years: the assassination of Rafik Hariri in 2005 and the Israeli-Hizbullah war in …
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Society
Samsung’s growth in Middle East – CE giant hopes to expand its brand
by Nicholas Noeby Nicholas NoeThis September in Berlin, in his keynote address at IFA 2006, the world’s largest consumer electronics exhibition, Samsung President and CEO Gee Sung Choi reviewed the tremendous success enjoyed by …
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When it was announced that we were expanding Executive’s content to cover the MENA region “from Morocco to Iraq,” many people asked if we were “evacuating” to Dubai. It must …
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The Lebanese car market had its worse summer in decades thanks to the war and a two-month sea blockade, with the number of new registered cars dropping 81% in August …
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Lebanon, with its limited, varied terrain and lack of cheap labor, will never be an ideal environment for mass-production. However, Lebanon is ideally positioned to “go boutique.” There are already …
