Top Telecom Companies in Lebanon
Lebanese government owns two networks which are operated by Orascom Telecom (Egypt) and Zain (Kuwait) for a management fee.
imported 2024-03-17 17:43:06
Lebanese government owns two networks which are operated by Orascom Telecom (Egypt) and Zain (Kuwait) for a management fee.
View the top Real Estate Management Companies in Lebanon. According to the Bank Audi Research, the activities in the Lebanese real estate sector are slowing down in 2012 due to the ongoing domestic political strife and regional instability. The total value of real estate transactions grew by 6.7% in 2011; the January – April 2012 period recorded 4% y-o-y increase in comparison with the same period in 2011. These figures are very low compared to the 32% annual growth which was recorded since the 2005 real estate boom in Lebanon.
View the largest airlines in Lebanon.
The roots of Lebanese education are very old and the powerful education system and institutions in Lebanon are famous not only regionally but globally. As an example can serve the Lebanese American University (LAU), which foundation dates back to the early 19th Century. Lebanon has been always well-known for its high quality institutions of higher education – universities. Therefore, as Dr. Joseph Jabbra, President of LAU, comments: “Parents have been known to say to their kids ‘money comes and goes’, ‘property comes and goes’, but there´s one thing that no one can take away from you and that´s education.” He also claims that Lebanon has always been the first; Lebanon has always had the cutting edge of education. One of the Lebanese education institutions which constantly seeks innovation is Ecole Supérieure des Affaires (ESA), an elite university which offers superior postgraduate education.
There are 22 different ministries in Lebanon.
Marcopolis.net presents a list of top ministries and public institutions in Lebanon.
Capital standards report that “the real estate sector in Kuwait experienced unparalleled growth during 2000–2007. Post 2007, however, the performance of the sector has remained lackluster.” The contribution of the sector to GDP in Kuwait has been roughly 3.7%.
Top Ministries in Kuwait
Marcopolis.net presents the list of top ministries, public and private institutions in Kuwait.
The Kuwait telecom industry is relatively mature and advanced, with high penetration rates and per spending capita. Nevertheless, the country’s penetration rates are lowest among the Gulf countries, indicating opportunities for further growth potential, reports Capital Standards. Penetrations rates: Fixed line 16.5%, Mobile 141% (number of subscribers reaching 3.56 million and increase of 10.7%, as compared to 3.22 mm subscribers at the end of 2008 according to Kuwait Internet and E-commerce Investment and Business Guide), Internet 41%.
Kuwait logistics sector developed as a result of the large logistic contracts associated with the presence of the US in Iraq. The 2 major players are KGL and Agility followed by Kuwait Dynamics and Mubarrad Transport. The western defense contractors have decreased. But on the other hand, there has been a substantial increase in international construction companies. The sector is still booming due due to the fact that the construction sector is booming with the government projects and international contractorsare actually requiring that service more. The end of war in Iraq can serve as a major opportunity for the Kuwaiti logistics companies.
Insurance sector seems to have a bright future. According to OBG “there appear to be several unique to Kuwait catalysts in the medium term future that will help expand the local appetite for insurance: a large scale, multi-year government spending plan, potential legal changes to
make more forms of insurance mandatory, an overhaul of the current system for medical insurance for expatriate workers, privatisation of currently uninsured government assets and overhaul of the countries insurance laws.” Furthermore Global Investment House reports that Kuwait has the lowest penetration rate as a percentage of premium income to GDP. (0.48%, Saudi Arabia 1%, UAE 1.8%).
The insurance sector is expected to rise significantly in Kuwait, as the concept of insurance is now spreading in the market, and more individuals and entities are adapting it. According to Capital Standards ” Gross premiums written (GPW) in Kuwait posted an impressive 11-year compounded annual growth rate (CAGR) of 11.9% since 1999. The high growth rate attracted new players and consequently, the competitive landscape of the industry underwent sea change. The total number of insurers in Kuwait currently stands at 31 – 20 Kuwaiti companies, 7 Arabian companies and 4 foreign insurers.”