The need to reform electronic money transfer regulations
All over the world, every day, millions of financial transactions take place at the press of a button. The words—and now the verbs—PayPal, TranferWise, and Venmo, are to payments what WhatsApp and...
View ArticleAttracting FDI to Lebanon
While Lebanon is seeking to attract significant foreign direct investment (FDI) inflows in order to stimulate economic growth, the promotion of FDI is still lagging behind. Lebanon faces two main...
View ArticleReduce the gender gap in Lebanon’s finance sector to boost productivity and...
Lebanon’s capital market needs a turbo boost. The Beirut Stock Exchange (BSE) has long been hobbled by the lack of companies listed, and the lack of associated opportunities. This is reflected in the...
View ArticleLebanon’s long-awaited 2019 budget
A sobering reality emerges in the shadow of the long-awaited 2019 budget, declared by Prime Minister Saad Hariri as the most austere in Lebanon’s history. As a stop-gap fiscal rescue package, it falls...
View ArticleStartechEUS to provide funds and mentorship
Fintech—financial technology— is a buzzword in the entrepreneurship sphere and a fast-growing segment of the financial services industry globally and in the MENA region. In 2018, the fintech sector...
View ArticleFive star hoteliers preparing for forecasted boost in tourism from Saudi Arabia
The rising temperatures in Beirut signify a rapidly approaching summer, typically a peak tourism season in Lebanon and one that five star hoteliers in the country are eagerly anticipating. Tourism in...
View ArticlePress freedom in Lebanon today
At the time when it is essential for the press to be independent, when everyone should be investing their efforts into safeguarding the well-being of the press, instead, the world over, there are...
View ArticleA potentially important step toward a new social contract
As a democracy, Lebanon has a sovereign. This sovereign—which the constitution affirms to be the people of Lebanon—has, for the longest time, appeared remarkably unconcerned over a very specific...
View ArticleAn analysis for 2013-2018
Banks included in Bankdata’s classification for alpha and beta banks with deposits respectively exceeding $2 billion and $0.5 billion are regarded by many international analysts and local banking...
View ArticleMEA focused on local Lebanese market
Middle East Airlines (MEA) is one of Lebanon’s indisputable assets in the wide realm of mobility. The flag carrier throughout its 74-year history has reflected the varied economic fortunes, ambitions,...
View ArticleLost in Trainslation
Kan ya ma kan (once upon a time), Lebanon had a well-developed railway network established by the different foreign authorities that governed the country before its independence. The first major rail...
View ArticleThe case for increased cycling in Lebanon
Worldwide, the bicycle is making a comeback as part of the future of sustainable cities. Here in Beirut, despite appearances, there is the potential to foster a bike-friendly city. Beirut’s small...
View ArticleSmart mobility in Lebanon
The first digital revolution was centered around the movement of data and information in the virtual world; the next digital revolution may very well be around optimizing the movement of people and...
View ArticleShared mobility apps provide more options, but may fuel congestion
Beirut suffers from heavy congestion and a lack of proper public transportation that causes commuters to be stuck in traffic for long periods of time and fuels CO2 emissions. The likes of shared...
View ArticleExports must be part of economic growth strategy
Successive Lebanese governments have largely neglected the manufacturing sector. Policies were instead limited to a number of financing schemes, based on subsidized interest rates and several trade...
View ArticleDespite protests, Mansourieh power lines go live
On June 17, in Mansourieh, the last 2 km power line link went live in the 369 km, 220 kilovolt (kv) loop that runs from the south of the country up to the north, out to the Bekaa Valley, and connects...
View ArticleLebanon needs a disaster policy for earthquake risks
Over the past 2,000 years, Lebanon has experienced over 13 major earthquakes. These tremors are a result of the country’s location within an active tectonic system called the Dead Sea Rift, which...
View ArticleSustaining mobility in Lebanon
Lebanon’s transport sector is one of the most unsustainable in the Middle East region. This is mostly due to the continuing absence of any public transportation by bus or rail for over 40 years, and...
View ArticleLebanon needs to build a railway network
The absence of public transport in Lebanon has a substantial economic impact on the country, with congestion clogging the country’s main transport arteries. Without a sustainable transport system in...
View ArticleLebanese edtech startups carve a place alongside traditional teaching
Lebanese startups focusing on education technology (edtech) have tapped into the idea that as education changes, they have a role to play in preparing the next generation for the 21st century...
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