EDITOR'S PICKS


Lebanon
TOURISM
Interview
Open Doors
Zaatar w Zeit is bringing traditional Lebanese cuisine to diners all over the world, from Canada to the Gulf.
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Lebanon
TOURISM
Interview
Taste Test
Chili's started in Dallas but has made its presence global, attracting generations of customers in Lebanon.
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Lebanon
TOURISM
B2B
Music
MusicHall and Virgin Radio Lebanon perform a crucial service for any economy: letting people relax and have fun with music.
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Lebanon
TOURISM
Interview
Raouché Arjaan by Rotana
TBY talks to Hala C. Massaad, General Manager of Raouché Arjaan by Rotana on tourism sector.
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Lebanon
TOURISM
Interview
Enjoy the Stay
Sofitel brings a French sensibility to its Beirut location, with culinary offerings, interior design, and more.
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Lebanon
HEALTH & EDUCATION
Interview
Professional Learning Center
TBY talks to Saad Saad, CEO of Professional Learning Center (PLC) on Education.
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Lebanon
DIPLOMACY
Interview
A New Beginning
Lebanon's key focus is on working to improve the country in order to offer better opportunities for all.
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DIPLOMACY
Focus: New cabinet
A New Dawn
A new cabinet is now set to bring debt under control, fix the electricity infrastructure, restore political stability, and much more.
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Lebanon
DIPLOMACY
Interview
A Friend Indeed
With Italian enterprises making large investments in a range of sectors in the economy, Lebanon and Italy are expected to continue pursuing mutually advantageous relations.
read articleLebanon
DIPLOMACY
Interview
Come Together
The Levant is once more in the process of reinventing itself, with positive prospects emerging in Syria and Iraq.
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Lebanon
DIPLOMACY
Spotlight Feature
Growth in Sight
As reform efforts ramp up, the country can rely on these stewards to keep the ship steady. The nation's financial institutions are some of the most consistent and stable actors in a fast-moving and often unstable political and economic landscape. As a result, foreign donors and creditors, on whose contributions Lebanon's near future depends, have a special interest in the health of the nation's banks and regulators. The Business Year has compiled the thoughts of a number of the key players whose actions are especially important in 2019 as the nation makes a sincere attempt at reform.
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Lebanon
ECONOMY
Interview
Opportunities Abound
The Minister of Economy and Trade strives to develop a socially inclusive, productive, competitive, and eco-friendly economy.
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Lebanon
ECONOMY
Interview
Thriving City
Beirut Municipality has many plans in the works to improve the city's infrastructure and prepare it for the future.
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Lebanon
ECONOMY
Interview
Betting on Success
EBRD is actively exploring possible investments in Lebanon to directly support local companies, energy projects, and key sovereign projects.
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Lebanon
ECONOMY
Interview
By the Books
One of the biggest law firms in Lebanon, Eptalex-Aziz Torbey Law Firm assists local and international clients in dealing with all aspects of business law.
read articleLebanon
ECONOMY
Communiqué: New Lebanese code of commerce
A Clearer Way Forward
Eptalex - Aziz Torbey Law Firm outlines the main changes to the code of commerce in Lebanon, which seeks to encourage a more conducive business environment.
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Lebanon
ECONOMY
Interview
Working Toward Change
K Concept is convinced Lebanon will naturally become attractive to investors once it tackles corruption and seriously commits to global principles and standards.
read articleLebanon
ECONOMY
Focus: Lebanon’s economic vision
I Have a Plan
The release of an economic vision for Lebanon in 2018 shed light on the failings of the present economy, though the report itself has been criticized as well.
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Lebanon
ECONOMY
B2B
External Ties
In 2018 the government committed to introducing economic and governance reforms demanded by Lebanese businesspeople, as well as international donors, which will pave the way for greater FDI.
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Lebanon
ECONOMY
Interview
A Helping Hand
IDAL focuses on encouraging investments in targeted productive sectors and promoting key Lebanese exports.
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Lebanon
ECONOMY
B2B
Tripoli
Given its main strength, namely serving as a historic transportation hub to connect to other markets, Tripoli is poised to play a major role in the region.
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Lebanon
FINANCE
Interview
Demonstrating Resiliency
Signs that Lebanon is in control of its finances will inspire greater confidence and bring more inflows to the country.
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Lebanon
FINANCE
Interview
A New Day
The banking sector can only improve with the effective execution of pledged reforms and the adoption of initiatives to mend the country's public finances.
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Lebanon
FINANCE
Interview
Innovate and Advance
Bank Audi enjoys several competitive edges including its size, strong regional footprint, and universal banking offering.
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Lebanon
FINANCE
B2B
Retail Banking
Though tax evasion must be reined in, the best strategy for promoting growth is through investments, rather than penalizing initiative through excessive taxation.
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Lebanon
FINANCE
Interview
The Eternal Niche
Despite higher interest rates and some hesitance from foreign investors, strong remittances and an appetite for risk from the Lebanese diaspora have kept the country's financial sector strong.
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Lebanon
FINANCE
Interview
Recipe for Recovery
Privatization, transparency, the rule of law, and strong infrastructure are crucial to ensuring Lebanon's capital markets and broader economy have wind in their sails.
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Lebanon
FINANCE
B2B
Inclusiveness
Though Lebanese banks often grow at slower rates than their European counterparts thanks to more conservative loan-to-deposit ratios, certain players are surging ahead thanks to robust financial structuring.
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Lebanon
FINANCE
Interview
Committed to Responsible Banking
Despite dismal movement in the overall market, BSL's deposits visibly grew thanks to the firm's expansion into the retail and commercial banking arenas.
read articleLebanon
FINANCE
Focus: Youth and finance
Stairway to prosperity
Financial inclusion and literacy are the foundations on which great economies are built, and recent data shows Lebanon is catching up fast, thanks to its robust banking sector.
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Lebanon
FINANCE
Interview
Positive Momentum
BBAC performed resiliently in a year that was marked by a number of sector-wide challenges.
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Lebanon
FINANCE
Interview
Comprehensive Flexibility
Bluering's strategic partnership with Standard & Poor's has helped cement its reputation as a leading software solutions provider in the region.
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Lebanon
FINANCE
Interview
Citibank Lebanon
TBY talks to Michel Sawaya, CEO of Citibank Lebanon.
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Lebanon
FINANCE
Interview
Capital Targets
CMA's mandate is to regulate, supervise, and develop the capital markets, a hugely important role in assuring investors of Lebanon's long-term viability.
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Lebanon
FINANCE
Interview
Beirut Stock Exchange
TBY talks to Ghaleb Mahmassani, Vice President of Beirut Stock Exchange (BSE) on Finance sector.
read articleLebanon
FINANCE
Interview: Electronic trading platform
Armchair Trading
Electronic trading platforms have grown enormously over the last 10 years and will be essential to Lebanon's recovery.
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Lebanon
FINANCE
Interview
Weathering the Storm
Lebanon's long-term prospects outshine the current difficulties facing the market.
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Lebanon
FINANCE
Interview
Levantine Solutions
Fierce competition is putting pressure on smaller players to upgrade their operations or find alternative business models.
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Lebanon
FINANCE
Interview
Wave of Opportunities
Lebanon should focus on strengthening its insurance companies to meet the challenges of the future, in particular for the reconstruction of neighboring countries and expansion abroad.
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Lebanon
FINANCE
Interview
Scooping Up Complementary Markets
For those looking to grow in a slightly saturated market, international diversification is key to expansion and providing regional solutions to economies of scale.
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Lebanon
FINANCE
Interview
Innovate and Consolidate
If Lebanon is to retain its traditional leadership role in the regional insurance market, its regulations must accommodate new sectors like online, bancassurance, credit, agriculture, and even life.
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Lebanon
FINANCE
B2B
Leaders in Non-life
Prevention is often the most profitable way of staying healthy.
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Lebanon
GREEN ECONOMY
Interview
Getting Straight to Work
Given the environmental challenges facing Lebanon, including pollution and a waste crisis, the Ministry of Environment has put together a master plan to tackle key issues.
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Lebanon
GREEN ECONOMY
Interview
Go For Green
Focusing on the development and implementation of projects in renewable energy and energy efficiency, LCEC has several projects and proposals lined up.
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Lebanon
GREEN ECONOMY
B2B
Wind farms
Given Lebanon's excellent potential in solar and wind, there has been a rapid jump from conventional to renewable energy.
read articleLebanon
GREEN ECONOMY
Focus: FOCUS Electricity sector reform plan
Not Easy Being Green
The government has passed a number of energy sector reforms to put an end to the chronic power cuts that are hindering economic activity in the country.
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Lebanon
GREEN ECONOMY
Forum
Renewable Energy Technologies
Increasing the mix of renewable energy is Lebanon's only chance to achieve its 2030 energy mix targets, which includes 30% from renewables.
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Lebanon
INDUSTRY
Interview
Doing It Right
Lebanon is renowned globally for its nightlife and entertainment, thanks in part to Diageo, a multinational alcoholic beverage company promoting responsible drinking and having a great time.
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Lebanon
INDUSTRY
Interview
Market Leader
AVE's ability to offer the best combination of quality and price has made it the leading manufacturer of electrical equipment across the MENA region.
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Lebanon
INDUSTRY
Interview
Responsible Entrepreneurship
As the first producer of long-life milk in Lebanon, Libanlait is safeguarding interests of local farmers and the environment.
read articleLebanon
INDUSTRY
Focus: Family businesses
Mom & POP
Most businesses in Lebanon's private sector are family owned, presenting challenges to overcome and unique opportunities to seize.
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Lebanon
TELECOMS & IT
Interview
Initiating Launch Sequence
The ministry is focused on setting the stage for the knowledge economy to become a key contributor to GDP and a formidable pillar of the economy.
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Lebanon
TELECOMS & IT
Interview
True Competitive Edge
Wonet's breakthrough service allows customers to evade roaming fees and make calls through their primary number from anywhere in the world.
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Lebanon
TELECOMS & IT
Interview
Digitization at the Core
All of Everteam's solutions and technologies have been developed and injected with new elements stemming from AI or the IoT.
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Lebanon
TELECOMS & IT
Interview
Be Informed
Outdoor advertising is growing in sophistication as digitalization offers up new opportunities. Pikasso hopes to tap into these dynamics to create a win-win for advertisers and consumers.
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Lebanon
TELECOMS & IT
B2B
Cloud
Companies offering innovative and specialized cloud services are key to fulfilling the Ministry of IT's plan for regulating the latest technologies and optimizing costs across all sectors.
read articleLebanon
TELECOMS & IT
Focus: The tech start-up scene
Tech Hub
Following the success of Circular 331 funding, Lebanon's start-up scene is growing fast, but not without some speed bumps.
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Lebanon
TELECOMS & IT
Forum
INNOVATION
A well-educated population that is open to the latest technologies and a constant flow of talented human resources continue to attract leading tech companies to Lebanon.
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Lebanon
TELECOMS & IT
Interview
Leveraging Creativity
A leading distributor of high-end IT services and solutions, Tecomsa mixes applied business experience with solid technology delivery capabilities to better understand the client's needs and propose IT strategies in line with the latest technologies.
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Lebanon
TRANSPORT
Interview
Growth Through Quality
Hiring and developing excellent people, coupled with high-quality service, has helped DHL maintain growth and rise above challenges.
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Lebanon
TRANSPORT
Interview
BCC Logistics
TBY talks to Ziad Harb, President & CEO of BCC Logistics
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Lebanon
TRANSPORT
Interview
Sailing On
Radec Logistics sees potential for Lebanon to become a regional logistics hub and is investing in warehouse management systems to better serve its customers.
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Lebanon
TRANSPORT
Interview
On the Road
The Net Holding has become one of the leading providers of freight service in Lebanon, taking advantage of the country's geography and international clout.
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Lebanon
TRANSPORT
Focus: Port of Tripoli
Open the Gateway
The Lebanese port of Tripoli is on the verge of its big break.
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Lebanon
TRANSPORT
Interview
Port Calling
Gulftainer has earned the right to call itself a leader in the Lebanese shipping industry, a status it hopes to strengthen with a new hub in Tripoli.
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Lebanon
REAL ESTATE & CONSTRUCTION
Interview
Building back
Solidere started with a mission to rebuild central Beirut after the civil war. Since then, the company has become a force in the Lebanese construction sector.
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Lebanon
REAL ESTATE & CONSTRUCTION
Interview
Renewed Interest
Cornerstone Development offers sustainable real estate tailor-made for the local market and its diaspora.
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Lebanon
REAL ESTATE & CONSTRUCTION
B2B
Sustainability
Demco Properties and GZA Group are real estate companies dedicated to sustainability. They have taken an active role in the building and rebuilding of Lebanon.
read articleLebanon
REAL ESTATE & CONSTRUCTION
Focus
More to Offer
Following the resumption of housing loans from the central bank, demand is once again growing in the real estate market, though an oversupply of housing continues to weigh on the sector.
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Lebanon
REAL ESTATE & CONSTRUCTION
Voices from the Sector
Voices from the Construction and Real Estate Sector
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Lebanon
RETAIL
Interview
Sweet success
The Patchi chocolate brand is famous across the region and owes its success to the unique blend of international savvy and know-how.
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Lebanon
RETAIL
Interview
Antaki Group
TBY talks to Christopher Antaki, Managing Partner of Antaki Group on the Lebanese retail sector.
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Lebanon
RETAIL
Interview
Château Musar
TBY talks to Ronald Hochar, Chairman of the Board of Château Musar on the Lebanese retail sector.
read articleLebanon
RETAIL
Focus: Lebanese fashion
What to Wear?
The cosmopolitan milieu of Beirut has fostered growth in the fashion industry, but more is needed to have a healthy local fashion ecosystem.
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Lebanon
RETAIL
B2B
Luxury Cars
Lebanon has a lively market for cars, given its lack of widespread public transportation. Saad & Trad and G. Bazerji & Fils are two automobile dealers meeting this dynamic demand.
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Lebanon
HEALTH & EDUCATION
Interview
Planning for the Future
With the insurance market becoming increasingly saturated, GlobeMed is moving toward wellness and prevention to reduce costs and improve the customer experience
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Lebanon
HEALTH & EDUCATION
Interview
Scholars’ Chip
Lebanese American University is taking a multidisciplinary approach to its digital transformation in the information age.
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Lebanon
HEALTH & EDUCATION
Interview
Business Transformed
With a truly global focus, the Suliman S. Olayan School of Business provides a global business education with sensitivity to local issues.
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Lebanon
HEALTH & EDUCATION
Focus: Technology in schools
Modern Thinking
As the start-up sector grows in Lebanon, state leaders are looking to integrate more technology and IT courses in school curricula.
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Lebanon
HEALTH & EDUCATION
Interview
Professional Learning Center
TBY talks to Saad Saad, CEO of Professional Learning Center (PLC) on Education.
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Lebanon
TOURISM
Interview
Setting New Standards
By putting a new spin on luxury travel, Le Gray hotel has established itself as one of the best places to spend time in Beirut.
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Lebanon
TOURISM
Interview
A Place for All Occasions
Lebanon's hospitality sector is undergoing a mini renaissance, driven by a growing MICE sector and increased interest in the country's traditional tourism offerings.
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Lebanon
TOURISM
Interview
Enjoy the Stay
Sofitel brings a French sensibility to its Beirut location, with culinary offerings, interior design, and more.
read article

Lebanon
TOURISM
Interview
Raouché Arjaan by Rotana
TBY talks to Hala C. Massaad, General Manager of Raouché Arjaan by Rotana on tourism sector.
read article

Lebanon
TOURISM
B2B
Music
MusicHall and Virgin Radio Lebanon perform a crucial service for any economy: letting people relax and have fun with music.
read article

Lebanon
TOURISM
Interview
Taste Test
Chili's started in Dallas but has made its presence global, attracting generations of customers in Lebanon.
read article

Lebanon
TOURISM
Interview
Open Doors
Zaatar w Zeit is bringing traditional Lebanese cuisine to diners all over the world, from Canada to the Gulf.
read article