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The illusion of change
Lebanon is set to elect 128 Members of Parliament (MPs) on May 6, based on a long-awaited proportional system. Proportionality, in theory, ensures better representation of the population by allocating...
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Don’t get caught up in the hype
It is tempting for resource-poor countries to overestimate the promise of newly discovered hydrocarbon resources, particularly in times of need. Cyprus’ experience after the discovery of the Aphrodite...
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Multiple impacts
The technological entrepreneurial ecosystem has, without a doubt, grown exponentially over the past two decades in Lebanon. However, one organization that has been spearheading the high-impact...
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A Beirut spring
The telltale signs that herald spring in Lebanon are already in full swing: the longer days, the blossoming streetside flowers and trees, and the mounds of janarek (sour plums), freize (strawberries),...
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A dynamic heart
Executive sat down with Mounir Douaidy, board member and general manager of Solidere, to discuss progress in the company’s master plan for Beirut Central District (BCD), and how the planned...
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The patriarchy problem
Lebanese voters will head to the ballot boxes in just a few days. One of the major changes to the electoral scene after thrice-delayed parliamentary elections has been the increase in the number of...
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Closing the infrastructure gap in Lebanon
With the world’s population expected to grow by 2 billion—reaching almost 9.5 billion by 2040—one of the major structural changes that would need to keep pace is the development of infrastructure. The...
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The breakdown
It has been one of the most reassuring factors in the Lebanese economy—some might be inclined to say nearly the only one—that local banks maintained their strong financial standings during the past...
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IT in banking
Some business success stories surprise like new gourmet recipes. It occasionally happens that culinary innovations start with ingredients which by and in themselves do not appeal to everyone as superb...
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The noose around Lebanon
Over 300 days have passed since Saad Hariri, Lebanon’s prime minister, stood on the White House lawn next to Donald Trump as the US President promised an answer to the “menace” of Hezbollah within 24...
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Better to have than to have not
A legal challenge of the 2018 budget law taken to the Constitutional Council, Lebanon’s highest court, threatened to cancel what was the country’s second state budget passed in the last six months, on...
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Securing our energy future
Worldwide electricity consumption is estimated to grow from around 20,000 terawatt hours (TWh) today to 35,000 TWh in 2030, putting energy security at the forefront of future planning. While in the...
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Aphrodite’s blues
As the final preparations for the May 8 trilateral summit between the heads of state of Cyprus, Israel, and Greece were being laid out—the fourth such summit in just over two years, with so far, more...
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No growth without reform
Within a period of six weeks last spring, Lebanon received an attentive treatment from the international community. On March 15 in Rome, an international meeting was held to support Lebanon’s armed and...
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The impact of GDPR on Lebanese businesses
With the continuous digitization of human life and economy, questions around the ownership and privacy of our personal information need urgent attention. From June, it will be crucial for Lebanese...
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The essential view
Executive sat down with Riad Salameh, the governer of Banque du Liban (BDL) to discuss the prospects for the country’s GDP, the role of the central bank, and the external and internal challenges that...
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Inside the global economy
In publishing a “practical guide” to the global economy, American economic researcher Andrew Vonnegut provides a toolset for better understanding the ways in which it is prone to be influenced by “big...
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A sea of garbage
As Lebanon’s summer season gets underway—off to a sleepy start thanks to Ramadan and atypical June weather—local media reports suggesting a drastic decline in the cleanliness of the country’s coastal...
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Cocktails with a sea view
Dalia Farran, owner of Sour’s beach bar restaurant Cloud 59, observes that wherever there is a body of water—be it the small village well, a river, or the sea—people gather around it for social...
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Slice of heaven
Nothing feels better than spending a day or two, a month, or even an entire summer right on the coastal shore of the sparkling waters of the Mediterranean Sea. It is one of life’s priceless pleasures,...
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