Business

AZADEA Opens 11 Flagship Stores in ABC Verdun Mall
July 28, 2017

AZADEA Opens 11 Flagship Stores in ABC Verdun Mall

AZADEA Group, the premier lifestyle retail company that owns and operates more than 50 leading international franchise concepts across the Middle East and Africa, opens 11 more flagship stores in the eagerly-anticipated, high-end ABC Verdun mall set to open its doors to the public on July 28. In addition to introducing KIKO...

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4 weeks ago
Bank Audi Consolidated Activity Highlights as at End-June 2017
July 27, 2017

Bank Audi Consolidated Activity Highlights as at End-June 2017

Lebanon’s real economy reported a slight improvement in the first half of 2017, yet below the requirements for a tangible recovery in the aftermath of sluggish performance prevailing for more than half a decade. In parallel, the Lebanese financial sector reported a sound performance year-to-date, within the context of a 27%...

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4 weeks ago
Emirates and flydubai join forces, announce extensive partnership agreement
July 22, 2017

Emirates and flydubai join forces, announce extensive partnership agreement

Emirates and flydubai today unveiled an extensive partnership which will see the two Dubai-based airlines join forces to offer customers unmatched travel options. Both airlines will continue to be managed independently, but will leverage each other’s network to scale up their operations and accelerate growth. The innovative...

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1 month ago
Cedrus Invest Bank S.A.L (CIB) has received the “Best Bank Governance – Lebanon 2017”
July 21, 2017

Cedrus Invest Bank S.A.L (CIB) has received the “Best Bank Governance – Lebanon 2017”

Cedrus Invest Bank S.A.L (CIB) has received the “Best Bank Governance – Lebanon 2017” award following a study of the Lebanese banking sector by cfi.co, the leading print journal and online resource specializing in the finance and banking sectors. This prestigious award sheds light on CIB’s entrepreneurial spirit and its...

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1 month ago
Group M1 Launches “areeba” Company for Electronic Payment Technology after acquiring it from Bank Audi
July 19, 2017

Group M1 Launches “areeba” Company for Electronic Payment Technology after acquiring it from Bank Audi

In a pioneering move in the economic and financial field in Lebanon, M1 Financial Technologies (Holding), a company of M1 Group, announced that it had acquired all the shares of areeba, owned by Bank Audi sal, during a press conference held at the new headquarters of the company at M1 building, Omar Al Daouq Street Beirut....

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1 month ago
France’s Second Largest Airline Aigle Azur Launches its Services in Beirut
July 14, 2017

France’s Second Largest Airline Aigle Azur Launches its Services in Beirut

Under the patronage and presence of the Lebanese Minister of Tourism Avedis Guidanian, Aigle Azur announced the debut of its services in Beirut. The announcement was made through a press conference held at Le Gray hotel downtown Beirut, in the presence of Aigle Azur’s Chairman and CEO; Mr. Michael Hamelink and Commercial and...

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1 month ago
Renault-Nissan Alliance annual synergies rise 16% to €5 billion
July 10, 2017

Renault-Nissan Alliance annual synergies rise 16% to €5 billion

The Renault-Nissan Alliance today reported a 16 percent increase in synergies for 2016 compared to 2015. The Alliance members secured savings, generated incremental revenues and implemented cost-avoidance measures through the world’s leading automotive partnership.   The value of annualized synergies realized by the...

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1 month ago
Rise Properties reveals its latest developments at Dream Expo 2017
July 10, 2017

Rise Properties reveals its latest developments at Dream Expo 2017

Lebanon’s leading and most trusted real estate developer, Rise Properties, took part in Dream Expo 2017, from June 28th till July 2nd showcasing its latest Commercial, Residential and Leisure developments across the country.   Visitors gained an inclusive overview on Rise Properties’ developments through the...

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1 month ago
Empower seals deal with Trane® Commercial
July 08, 2017

Empower seals deal with Trane® Commercial

Emirates Central Cooling Systems Corporation (EMPOWER), the world’s largest district cooling services provider, has announced a partnership with Trane Commercial for purchase of new chillers for the company. The agreement is considered the biggest deal in the district cooling industry worldwide and was signed at the...

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2 months ago
Talaya & Orange Cascade Join Hands
July 08, 2017

Talaya & Orange Cascade Join Hands

Talaya water, the highest bottled natural mineral water, has recently joined hands with Orange Cascade, reaffirming its commitment to delivering quality and purity in Lebanon.   Marcel Hage, CEO of Talaya Water Company, was quoted saying: “We are happy to announce this partnership. The loyalty of Cascade valued...

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2 months ago
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