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IN BRIEF
People on the move
Newborn companies
Newborn companies
BUSINESS & ECONOMY
Country Report
Strong economic growth in turbulent timesHigh local bank deposits, money from expatriates, andstrong tourism are driving the economy
Hospitality: Small Hotels in a Big City
Wanted: Small, three-star and four-star hotelsAs Western and Arab clients arrive with smaller budgets, there is a growing demand for smaller, three-star and four-star hotels
Ambition of the Month
Not just child’s playCivil engineer Armand Hobeika has turned a familyplot of land into a successful children’s park
FINANCE
Financial industry
Help for growing manufacturers is out thereSubsidized loans, tax exemptions, and loan guarantees areavailable to help manufacturing companies expand
Financial figures
REAL ESTATE
Focus: Faraya
Commanding heights command higher pricesPrices in real estate developments in the ski resorts of Faraya and Kfarzebian may go sky-high
Construction costs
COVER STORY
Retail
High street retail locations can expecthigher pricesDemand is outpacing supply is primelocations such as Hamra Street, VerdunStreet, and Mar Elias Street. Retailers maybe obliged to sublet or to demolish oldbuildings and replace them with tallerstructures.
ARABICA
Airlines
Gulf airline companies have done relatively well during the economic crisis
TAKING CARE OF BUSINESS
Tax tips: Software
Accounting goes digitalThe new tax laws permits companies to use accountingsoftware for their bookkeeping
To read
BUSINESS LIFESTYLE
Technology
Bill Gates is lagging behind. Microsoft’s upgraded smartphone software is no match for the iPhone
Big Boys’ Toys: Autos 2010
The automobile sector is lookingforward to 2010 with relishNext year is expected to be agood one for compact andfuel-efficient cars
Dress for Success: For Men Only
Men like to receive gifts tooHere are some tips on how to select the right Christmas giftfor your boss