Wines in Jordan
Family owned businesses are the most successful in the Middle East. The main thing is setting up good protocol.
imported 2024-03-17 17:43:06
Family owned businesses are the most successful in the Middle East. The main thing is setting up good protocol.
Al Ghad is about change and moving forward, even our logo reflects this notion. We are liberal and try to push the envelope.
We have identified the areas we want to enter by looking at 4,000 different industries and business activities.
The group employs 7500 people in Cyprus, Egypt, England, France, Greece, Lebanon, Saudi Arabia, Sweden, Sudan, Ukraine, and the United States. “Our human capital is the most important capital of INDEVCO group… this is why our people are very much empowered”, says Neemat G. Frem, President & CEO.
Most industrial production is for local consumption; however, it a significant portion is exported. Major merchandise exports are jewelry (27%); electrical equip,equipment and products (16%); base metals (13%); food products (8%), and chemical products (7%).
The industry of Lebanon is one of the main economic sectors and greatly contributes to the financial development of Lebanon.
Lebanese industry sector stands for 19,7% of the country`s GDP. As for the employment, the industry employs 13,8% of the Lebanese workforce. The leading companies of Lebanese industry can be found in the paper/cardboard, plastics, marble, cement, wood and textile sector.
Video Interview with Neemat Frem, CEO of INDEVCO and President of Association of Lebanese Industrialists. The President provides intriguing insights into industry in Lebanon and Lebanon industrial development. Mr. Frem argues that the Lebanese people are the greatest asset for Lebanon industry.
In the past five years, the Lebanon industry has been able to grow around 20% a year which is a very interesting factor. I believe the single most important factor in this was the euro-dollar parity.
Lebanon Privatization, Vice Chairman of MEDCO s.a.l. and Chairman of Phoenicia Oil Company s.a.l., Nicolas G. Chammas
We are the first group in the country to diversify in such a way that we are composed of fourteen completely separate companies that fall under one management group.
Construction Products, Construction Products Holding Company (CPC), Director of Business Development & Administration Affairs, Dr. Faysal Alaquil
As a company that specializes in construction materials we have a great interest in Lebanon. We have been studying Lebanon with very close observation: the political stability, the security of the economy. The government has assured us that there will be a very healthy budget announced soon.