Lebanon Opportunities

Lebanon Opportunities is a monthly business magazine that covers: Finance, Real estate, Economy, and Local business. Lebanon Opportunities has tens of thousands of readers in Lebanon and across the globe. It is the prime local business magazine in Lebanon in terms of readership, advertising, and name-awareness. Lebanon Opportunities is written to a target of small business owners, entrepreneurs and middle management, as well as to Lebanese living abroad. It aims at bringing complex business issues in a simple manner understandable by readers who are not experts and whose English language is not the mother tongue.

Lebanon Opportunities

War and peace… and war

IN BRIEF TIDBITS

WHAT’S NEW IN BRIEF

Barely avoiding Grey List through a year grace period • FATF gives a reprieve to reform

PEOPLE ONTHE MOVE

NEW BORN COMPANIES

The useless lollar • No longer accepted in regular transactions

The past at the service of the future • Valorizing historical and natural assets has turned the town into an economic success

Property market thrives on the tourism boom Batroun is bucking the trend • The Old Souk is where the demand is

Winning strategies Innovative and low-cost products • From earthworm fertilizers to snail cosmetics

The innovators

InfoPro survey Salaries are increasing • Still at half pre-crisis levels, but payment in fresh dollars becoming the norm

Growth in sales • Everyone waiting for the return of credit

Mainly high-end and small Active trade in apartments • Buyers seeking bargain deals ahead of expected higher prices

GDP growth will resume • Conditional on progress towards IMF program and political easing

Use of remittances switched from development to subsistence • Cash inflows will increase when reform starts

A few winners and a majority of losers • Dollarization of Customs duty led to higher consumer prices

IMF Potential recovery triggered by competitiveness gains and tourism receipts • …but thwarted by delayed reforms