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IN BRIEF
People on the move
Newborn companies
BUSINESS & ECONOMY
Made in Lebanon
There are solid profits in that concreteThe cement industry has been benefiting from a regionalconstruction boom and strong exports driven by low pricesin the local market. Local producers are confident that theycan meet the challenge of increasing regional competition
Employment
Travel agencies are set to take offThere should be a strong demand for employees in the travelbusiness once the political ice melts. Those who want towork for travel agencies should have good computer skills aswell as a good knowledge of geography
FINANCE
Personal Finance
Hooked on plasticPlastic cards, including credit, debit, charge, and prepaidcards are major generators of revenue for banks. In order toincrease their market share, banks launch different cardseach year that are targeted at different market niches
Financial figures
REAL ESTATE
Focus
Keeping your dream from turning into a nightmare:Designing and building the house of your dreams requiresthorough preparation, so that you will avoid unpleasantsurprises and stay within budget
REAL ESTATE
Zoom
Real estate is ready to boomWith strong demand and a continuing inflow of Gulf Arabcapital, the real estate sector has sound fundamentals. If thepolitical climate improves, the sector should witness stronggrowth in 2008
New projects
Cost of construction
TAKING CARE OF BUSINESS
Practical Tips
Giving credit where credit is dueTo minimize the risk of default, credit companies must dotheir homework before granting business-to-business credit
Legally speaking
A lawyer offers his advice on which form of incorporationmay be best suited for your business
ARABICA
Look before you leap
Is de-pegging the way to go?As the decline in the value of the dollar continues, the GCCcountries are considering the option of de-pegging theircurrencies from the greenback, largely as means ofcombating inflation
BUSINESS LIFESTYLE
Office chairs: Sit before you buy
Buying an ergonomically designed office chair isa good investment