Lebanon

Retail Asia09/07/2021

Telenor Group has entered into an agreement to sell 100 percent of its mobile operations in Myanmar to M1 Group for a total consideration of US$105 million USD, of which US$55 million is a deferred payment over five years. The transaction corresponds to an implied enterprise value of approximately US$600 million USD. M1 Group will acquire all the shares in Telenor Myanmar […]

Retail Asia20/08/2020

It felt like an eternity rather than just a few minutes as haute couture fashion designer Elie Saab scrambled to make sure his 200 staff members, including his son, were safe when this month’s massive explosion shook Beirut. Like many Lebanese on August 4 when chemicals at the port detonated, the 56-year-old felt the blast […]

Retail Asia25/08/2015

South Korea’s LG Electronics is making a strong push into the Middle East, opening premium brand shops in the area. The company is deliberately positioning its brand at the higher end of the market to differentiate it from lower cost brands. LG says it has opened a premium brand shop in Jordan on Mecca Street, […]

Tag: Lebanon

Telenor sells Myanmar operations to Lebanon’s M1 Group for $105 million

Elie Saab vows to rebuild after devastating Beirut blast

LG Electronics opens Middle East stores