Lebanese Monetary Policy 2012: Central Bank to Keep Stable Currency
Exlusive interview with the Governor of Banque du Liban (Central Bank of Lebanon) about the monetary policy and vision for 2012.
List of all articles filed under “lebanon-interviews” category.
Exlusive interview with the Governor of Banque du Liban (Central Bank of Lebanon) about the monetary policy and vision for 2012.
The current Lebanese government is trying to disassociate Lebanon from the regional conflicts and bring stability to the coutry in order to foster growth. Either way, Lebanese economy is different from the other economies, therefore it has to be analyzed in a different way. H.E. Nicolas Nahas thinks Lebanon has an interesting potential in long-term export.
René Chamussy believes that having French universities like Université Saint-Joseph is a necessity. in 2003 Université Saint-Joseph became par of the European Credit Transfer System which was very welcomed by its students.
Lebanon has a competitive advantage for an investment in 3 main areas: education, climate and well-established banking sector. According to IDAL, the key investment sectors include health care tourism sector, media sector, and ICT sector. The main risk when making an investment in Lebanon is the regional instability, says Mr. Itani of IDAL.
Mr. Chehwane believes the real estate sales in Lebanon will increase once the situation in Syria improves. More and more people are coming to Lebanon but they are not investing (yet). The main buyers of real estate in Lebanon are nationals who live abroad and come for the summer.
Discussion of real estate, tourism real estate in Lebanon, their partnership with InterContinental Hotels Group and potentials of Lebanon with the leader in the tourism real estate: SGHL. Mr. Salha sees an opportunity in the budget hotels though the Lebanese infrastructure is still not ready for mass tourism in Lebanon.
Phoenicia and Le Vendôme is the comeback of Paris into Near East. Discover the luxury of Lebanon through Phoenicia and Le Vendôme whose history spans through more than a half of a century. Phoenicia remains a living legend to enjoy and rediscover, says Mr. Weinlaender.
The fashion of Lebanon has a long history, says Abed Mahfouz, one of the top fashion designers of Lebanon and Middle East. Lebanon is claimed to be number 3 in terms of Haute Couture Fashion Design in the world. Abed Mahfouz brand offers luxurious dresses of different types in the price range of up to $100,000.
Mr. Hitti from ALSI claims that Lebanon is continuously receiving requests from the European market because they do believe that Lebanese software companies are leaders in this field, particularly in the development of software programs and mobile applications.
The 2011 vintage of Chateau Musar was appreciated by a famous American magazine from the West Coast; it was rated as one of the Top 100 wines for the year 2011. Chateau Musar has a particular natural wine production philosophy. In fact they even say that they don’t produce wine; they let the wine produce itself.