May 2019

Lebanon Opportunities

Quarterly business magazine covering real estate, business, economy and finance

Lebanon Opportunities3 min read
Economic Terrorism
Only a few of months ago, government officials were taking the airwaves to reassure worried savers and investors about the sustainability of public finances and that of the lira. All of a sudden the Prime Minister is alluding to the possibility of a
Lebanon Opportunities3 min readPolitics
Viewpoint
Minister of Economy and Trade Citizens are anticipating a financial and economic collapse of their country, and see it as only a matter of time before it happens. Some government officials are further fueling such an anxious public economic sentiment
Lebanon Opportunities2 min read
Recommended Immediate Actions
A series of growth-enabling measures remain to be implemented in the near term, of which I propose the following: 1. Prioritize the introduction of progressive equilibrium to the public finance and approve the budget. This necessitates parliamentary
Lebanon Opportunities6 min readSmall Business & Entrepreneurs
In Good Company
ESA Business School’s incubator and accelerator, Smart ESA, plans to launch before the end of 2019 an acceleration program that will mainly focus on financial technology (fintech) and business-to-business (B2B) solutions, said Jihad Bitar, Director o
Lebanon Opportunities2 min readFinance & Money Management
MONEY & BANKING
Provided by BUSINESSNEWS.COM.LB by LEBANON OPPORTUNITIES Visa Inc. will offer new financial technology companies (fintechs) the opportunity to benefit from its payment services in an easier and simple manner and at reduced cost, said Nabil Tabbara, G
Lebanon Opportunities5 min read
Official Business
The Foreign and Tourism Ministers of Lebanon, Cyprus, and Greece held a tripartite summit in Beirut. The meetings resulted in agreements in the fields of tourism and oil and gas. An agreement was signed to enhance cooperation in tourism among countri
Lebanon Opportunities3 min read
People On The Move
Rita Khoury Mathieu has been appointed Chief Operating Officer at Khoury Home. She was a member of the company’s Executive Committee prior to her appointment. Mathieu is in charge of the retailer’s restructuring and reorganization. “I will continue t
Lebanon Opportunities4 min readPolitics
This isn’t Greece
A look at the numbers quickly licenses the growing concern over Lebanon’s debt outlook. The fiscal deficit at the end of the third quarter of 2018 is more than twice that of 2017 for the same period. Two main factors contributed to its escalation: th
Lebanon Opportunities9 min read
The Numbers Contradict Doomsayers
The private sector had almost $60 billion in investments in the 2016-2018 period, according to a tally by InfoPro Research. Despite doomsayers’ warnings about a looming fiscal and economic collapse, the financial system is still standing and the econ
Lebanon Opportunities5 min readPolitics
No Recession In Sight
■ TIGHTENING OF LIQUIDITY LIMITS GROWTH ■ REQUIRED REFORMS START WITH ELECTRICITY ■ REMITTANCE INFLOWS STABLE Real GDP is estimated to have grown by 0.2 percent in 2018, according to the World Bank (WB) and the International Monetary Fund (IMF). Acco
Lebanon Opportunities4 min readPolitics
Cabinet Approves Electricity Plan
The Cabinet last month approved by consensus a plan to upgrade the electricity sector by terminating its deficit, reducing waste, improving production and distribution, and raising tariffs. The plan’s execution will cost $2 billion annually for the n
Lebanon Opportunities5 min read
Saving For The Future
The savings business represents two thirds of life insurance contracts, giving the insurers high reserves and access to huge investments. Insurance companies are attempting to encourage more people to create savings plans through different products,
Lebanon Opportunities3 min read
Insurance Is Innovating Its Offers
Insurance companies are launching new products and revamping existing ones. The motor and health insurance lines are witnessing major changes. Pet insurance is one of the newest products on the scene. Some insurers are introducing new services to the
Lebanon Opportunities3 min read
To Read
LES MOTEURS DE LA CROISSANCE DE L’ECONOMIE LIBANAISE DE 1997 A 2017 (THE ENGINES OF GROWTH OF THE LEBANESE ECONOMY FROM 1997 TO 2017) Robert Kasparian French LL30,000 Robert Kasparian, an economist and statistician, has written ‘The Engines of Growth
Lebanon Opportunities8 min read
The State’s Authority And The Country’s Ability To Face The Crisis
The media has recently been probing into inflated figures included in the monthly balance sheet of the Central Bank (BDL) for the end of February 2019. The media outlets are entitled to reflect on this matter, but it turned out that these figures wer
Lebanon Opportunities6 min read
Payment Cards Are Changing
Clients are increasingly relying on credit cards instead of consumer and personal loans, following a rise in loan interest rates. Banks are launching campaigns to encourage people to use their payment cards. Financial institutions are intensifying th
Lebanon Opportunities6 min read
Commercial Centers Are On The Rise
There are 40 commercial centers currently under construction in Beirut, Baabda, Kesrouan, Metn, Aley, Jbeil, and the Shouf, according to a study undertaken by InfoPro Research. In general, commercial centers are mainly composed of ground floor shops,
Lebanon Opportunities3 min readFashion
Spring-summer 2019 suits
Fashion designers have revived the double breasted suit with new styles and possibilities for spring-summer 2019. This season’s oversized and the relaxed silhouette will make a statement. The classic suit remains a staple in men’s wardrobes, but this

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