Lebanon: Myth of the Tax Haven
Lebanon has never been a tax haven.
imported 2024-03-17 17:43:07
Lebanon has never been a tax haven.
The President of Espírito Santo Convention & Visitors Bureau talks about the tourism industry in Espírito Santo. He also mentions some interesting investment opportunities, not only in the field of tourism, but in many different sectors of the economy.
The activity on the stock market in Lebanon was relatively modest in the first month of 2012. It followed the trend which started in 2010.
The Lebanese community is one of the most vibrant economies in the digital industry. Mr. Dajani says Lebanese digital industry is not competing with Dubai but it is a continuation of development; one big flow. For now, salaries within the digital sector in Lebanon are increasing as there is a greater and greater need for more talented people.
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.
Lebanese banks and the banking industry in Lebanon is performing quite well despite the ongoing conflict in the neighbouring Syria. Dr. Sader expects the banking activities in Lebanon should reach 7% growth in 2012 but the growth in profits will be slower.
The American University of Kuwait (AUK) is one of the best universities in Kuwat; an independent, private, equal opportunity, and coeducational liberal arts institution of higher education. The educational, cultural, and administrative structure, methods and standards of AUK are based on the American model of higher learning.
Learning for Life: Kuwait might not be at the top of the usual MBA Business School rankings, but the northern Gulf state does have institutions of higher education which are highly regarded in the region.
Although there is a lot of talk about planning for the “time after oil,” the “black gold”, along with gas, remains the primary source of income for the Kuwaiti government.
In 2012, the Kuwait banks are cleaning up their balance sheets as a response to the consequences of the financial crisis of 2008/09 that is most likely going to continue throughout 2012.