The Central Bank of Lebanon provided a fund of $ 3.2 million as an investment for the UK-Lebanon Tech Hub (UKLTH). The same amount was provided by the British Embassy in February this year, which totals to $ 6.4 million. The funds will be used to foster the entrepreneurial ecosystem and to improve the knowledge […]

The managing director of Shanda Consult, Mr Stefan Nolte, will be in Beirut for business meetings and negotiations from 18 to 22 July 2017. Mr Nolte will visit several industrial entities as well as good old business associates. During his visit, Mr Nolte will investigate and elaborate possible joint-venture partnerships between German and Lebanese industrialists, […]

Ukraine has been struggling tremendously for two decades with corruption, outlaws, raiders, unjustified enrichment, and political instability. However, effective reforms of the current government are resulting in obvious improvements in many sectors. Foreign direct investment increases for two years. The heritage of Ukraine Struggling with typical symptoms of the post-soviet era, corruption was almost everywhere, […]

Bassoul Heneine will launch Renault Twizy as the first electric car to the Lebanon market. Renault Twizy is a compact electric car with zero-emission feature. It’s a two-seat car with many different specifications. Bassoul Heneine is the exclusive Renault importer in Lebanon since 1951. It has two major showrooms located at Sed El Bauchrieh and Ain […]

According to Volkswagen official announcement, it will return to Iran’s market after 17 years of absence, by next month. It will initiate with export of two models of vehicles, Tiguan and Passat. Mammut Khodro, the largest Industrial Contracting Company and manufacturer of Trailers in the Middle East, is the local partner of Volkswagen. Mammut signed an […]

Who really owns the right to income? And are they declaring it? These are the obvious two questions that tax authorities around the world want to ask. And a third question is, are intermediary entities within a group structure entitled to be separately treated as if they own the income rather than the ultimate beneficial […]