Lebanon Opportunities – August 2019

People on the move 13

New companies 14

Country Report: Austerity budget 16

To read: Mona Bawarshi’s biography 23

IN BRIEF

COVER STORY: THE PARTY HAS MOVED TO DOWNTOWN

SPECIAL REPORT: SELLING TO THE ELITE

IN GOOD COMPANY

Drydock and shipyard in Akkar. Plastic

surgery hospital planned for Dawhet el Hoss.

Popcorn factory to open in Zahle

PAGE 6

MONEY & BANKING

E-commerce platform gets $4 million.

Tax declarations to be used as basis for

obtaining loans. Banks to capitalize profits

on financial engineering

PAGE 8

AUGUST 2019

CONTENTS

Preface 45

Mina El Hosn: An influx of fine dining 46

Beirut Waterfront 50

A hub for nightclubbing

Uruguay Street comes back to life 54

Marketing to the elite 27

Premium cards tailored to the elite 30

4 LEBANON OPPORTUNITIES, AUGUST 2019

BUSINESS AND ECONOMY

Big Boys Toys: Sports cars 38

Big Boys Toys Listings 41