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What’s in the Capital Investment Plan?
Judging a book by its cover may no longer be common lingo in the digital age, but it seems to be exactly what Lebanon is hoping people will do ahead of the CEDRE investment conference scheduled for...
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Let the sunshine in
Anyone who has lived or spent time in Lebanon is aware of the chronic gaps in the electric grid, which have resulted in regularly scheduled power cuts of three hours a day in Beirut and as much as 12...
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A window of opportunity
Executive met with Christina Lassen, head of the Delegation of the European Union to Lebanon, to discuss the challenges Lebanon is facing, what to expect from the upcoming CEDRE investment conference...
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Valued opinions
After over a decade of dormancy, Lebanon’s Economic and Social Council (ESC) was reactivated last November. The ESC is an advisory body to the government, and its opinons are non-binding. Executive met...
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In the fog
Assessing the insurance industry of Lebanon at the current junction of global insurance challenges, regional vagaries, domestic economic hurdles, and the country’s ongoing political issues is not...
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Taking risks
Adding to the misty picture of insurance industry prospects in Lebanon are uncertainties over the sector’s ability to exploit three major opportunities which are slowly taking shape inside and outside...
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The art of insurance
Brokers play an important role in highly functional insurance markets, providing clients with advice on risk and policy choices. They often help clients obtain covers, assist them with claims, and act...
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Wind farms in Lebanon
Earlier this spring, Lebanon signed its first-ever power purchase agreement (PPA) for wind energy with three separate consortiums that will build and operate wind farms in Akkar, in the north of the...
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Energy and climate change
Lebanon’s commitment to combating or mitigating climate change culminated in December 2015 when Lebanon became a signatory to the Paris Agreement at the United Nations Climate Change Conference...
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Lebanese in Brazil will not vote come May
The Lebanese parliamentary elections on May 6 are bound to make history, as, for the first time ever, Lebanese residing abroad have been granted the right to vote. Their appetite to do so, however, has...
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Troubled and troublesome
Every stroll in the Eastern Mediterranean lands means walking in the presence of some historic reference. Transformed into politics and national ideologies, history has long been a tool of identity...
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The untouchable hotel
While it is widely assumed that Lebanon’s real estate business is rife with unethical dealings, only a few detailed examples of wrongdoing actually come to light. In the case of Eden Bay, a resort...
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Say (goat) cheese
Goat dairy production has a long history in our part of the world. Archaeological evidence suggests that goats were the first dairy animals to be domesticated, sometime between 9,000 and 8,000 BC in...
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Offshore petroleum investments made riskier
In light of the recent Lebanon Investment in Infrastructure Conference as well as the highly anticipated CEDRE conference (also known as Paris IV), it is undeniable that attracting private investment...
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Beyond start-ups
Lebanon has followed other countries in the region and abroad in promoting entrepreneurship to achieve economic growth and to generate future job opportunities. Entrepreneurship is considered a valid...
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Taxes 101
As evidenced by recent surveys and public polls, Lebanese are disenchanted with their overall tax system and consider their obligation to pay taxes a burden. But they are decrying the many defects of...
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Behind the talk
April was a milestone month, not one of celebration but of remembrance. Forty-three years ago last month is considered the start of the country’s civil war that drove many Lebanese to emigrate,...
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Signed in pencil
Officials went to Paris in early April to pitch an infrastructure investment plan for Lebanon to the international community at the CEDRE conference. The pitch was generally well received by donor...
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Budgeting for the future
Lebanon passed its second state budget in less than six months at the end of March, after being without one for almost 12 years. The 2018 state budget was hastily pushed through cabinet and Parliament...
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Mapping the money
At the end of March, Lebanon passed the 2018 state budget, the second budget passed in a six-month period after almost 12 years wihout any budget at all. The 2018 state budget features a 0.06 percent...
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