7 Management’s journey to success The road to success is not easy. It is even harder when working in the nightlife industry in a country like Lebanon, where the bad years of political instability—which typically lead to economic downturn and low purchasing power—far outweigh the good years of thriving tourism. But this is exactly the road that Rabih Fakhreddine chose,…… Read More
Acting head of the ICC discusses the state of health insurance in Lebanon At the end of April, the imposition of rules on guaranteed renewability (GR) in health insurance was introduced to the public under ministerial decree 186, issued by the Ministry of Economy and Trade (MoET). Executive sat down with Nadine Habbal, who heads the MoET’s Insurance Control Commission (ICC), to explore the implications of GR for…… Read More
Promoting peace in the Mideast Executive sat with Matahiro Yamaguchi, Japan’s ambassador to Lebanon, to discuss the country’s humanitarian aid to Lebanon, April’s CEDRE infrastructure investment conference, and prospects for peaceful resolutions to the region’s conflagrations. E The Japanese Embassy is now funding a United Nations Industrial Development Organization (UNIDO)-designed project targeting job creation, productivity gains, and market access…… Read More
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 lie ahead. E Thank you for sitting down with Executive at this crucial time for Lebanon. I understand that you…… Read More
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 as intermediaries between clients and insurers. But Lebanon’s insurance brokers have faced several difficult years in a row. To gauge the views of licensed…… Read More
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 with the economist Mazen Soueid, one of 71 individuals named to serve on committees of the ESC, to understand how the institution can…… Read More
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 and Brussels II refugee aid conference, and the outcomes of last month’s Rome security conference. E It is an interesting time for Lebanon,…… Read More
Creating synergies MIC Ventures is a new fund in the Lebanese entrepreneurship ecosystem. Seeking to boost the value of startups and young companies that specialize in areas of interest from a mobile telecommunications perspective as well as establishing partnerships between sector companies and the two Lebanese mobile networks, MIC Ventures is itself a startup backed by governmental…… Read More
A fund manager’s dream The MIC in MIC Ventures is not short for Mission Impossible, Cruise. But it could be. Khaled Zeidan, the managing director of MIC Ventures, could easily have a second career modeling cool shades, and the chosen mission of MIC Ventures, should it succeed, will bring life to a sector whose true potential in Lebanon has…… Read More
A community effort Executive sat down with the country’s first-ever minister of state for women’s affairs, Jean Oghassabian. The ministry was launched one year ago with a mandate to empower and protect women and promote and develop gender equality in Lebanon. E This is the first term for you as minister of women’s affairs and, in fact,…… Read More