Lebanese Michel Daher rings Wall Street opening bell for the second time in three years

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Michel Daher is the founder and chairman of Daher Capital. He also founded Master Chips and Poppins, two of the largest FMCG companies in the Middle East and North Africa, as well as the very first hedge fund in Lebanon and Master Capital Group, the largest independent non-bank affiliated financial services company.

Michel Daher is the first Lebanese to ring the Wall Street Stock Exchange opening bell in 2010, and the only other Lebanese person to ring that bell after Central Bank Governor Riad Salameh.

Lebanese businessman Michel Daher rang the opening bell of the Stock Exchange on Wall Street for the second time in three years. The real estate mortgage firm Stonegate, in which he is the main investor, had achieved a record launch of two global stock underwriting processes within three years.

Daher had restructured Stonegate and invested in making it one of the top fastest-growing enterprises in the US, according to the ‘Inc.’ magazine. This helped revive the US housing market after the subprime mortgage crisis that began in 2008. [Source]

FAIL: Dutch Studies Show 85% of Lebanese Women Are Not Married

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[Source]

I’ve seen at least two Lebanese channels share these studies and discuss them but a simple looks at the original article and graph show that we have 5,000,000 unmarried women in Lebanon (And 1,750,000 women in the UAE). I know that’s probably a typing mistake but it says a lot about this so-called study.

More importantly, this whole concept of “عنوسة” should not be even considered as it is demeaning to women. If a woman is 40 years old and still single, it doesn’t mean she’s unhappy and couldn’t find the right guy for her. Marriage is not an obligation and women are free to do whatever they want with their lives.

Last but not least, I still think the 8 to 1 ratio in Lebanon is exaggerated and wrong.

[YouTube]

[YouTube]

Salim Eddé – Mim Museum

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[YouTube] [Full Episode]

Last week’s Kalam Ennas episode was about “Mim”, a private museum displaying Lebanese Salim Edde’s collection of over 1400 minerals, representing more than 300 different species from over 60 countries. Eddé’s collection is considered as one of the world’s paramount private collections which is impressive to say the least.

The museum is located on the Saint-Joseph University campus and is set to open very soon. Given that we barely have any museums in Lebanon, I think this is a great addition to the cultural attractions to visit for both tourists and Lebanese.

For more information, check out Mim Museum’s [Facebook Page].

“Mim” is a private museum in Lebanon, located on the Saint-Joseph university campus in Beirut. More than 1400 minerals are exhibited there, representing more than 300 different species from over 60 countries.
Mr. Salim Edde has built up this collection since 1997. There you can discover pieces originating from a number of renowned collections –both old and more recent– as well as from the major mining discoveries of our era. It is now considered to be one of the world’s paramount private collections for the variety and quality of its minerals.
A didactic circuit, accompanied by screens showing films and scientific applications of mineralogy, will reveal a world of unsuspected marvels–priceless both from an aesthetic and scientific point of view.

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Lebanon Ranked 119th In The 2013 Global Slavery Index

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House Maid

According to this report, 29.8 million people live in modern slavery globally, out of which nearly 4000 in Lebanon. Honestly speaking, I am not sure how accurate this report is as it is estimated that Lebanese families employ more than 200,000 migrant domestic workers mainly from Sri Lanka, Ethiopia and the Philippines and the way of recruiting these workers can be best described as Lebanon’s Polished Version Of Modern Slavery.

You can check out the full rankings [Here].

The Global Slavery Index provides a ranking of 162 countries, reflecting a combined measure of three factors: estimated prevalence of modern slavery by population, a measure of child marriage, and a measure of human trafficking in and out of a country. The measure is heavily weighted to reflect the first factor, prevalence. A number one ranking is the worst, 160 is the best. [Source]

CNN Travel: Beirut Among the World’s Top Cities

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Downtown Beirut by Michaelallangrant, on Flickr

Condé Nast Traveler announced the winners of its 26th annual Readers’ Choice Awards two days ago and Beirut made it as one of the World’s best cities. It’s quite surprising to be honest to see Beirut on that list, specially after the past two years we had and the ongoing Syrian war. Let’s hope things will get better in Lebanon this year so we could improve on that ranking.

You can check out the full list [Here].

World’s best cities

The “Top 25 Cities in the World” list had refreshingly surprising additions and rankings — Paris came in at a lowly 22 while Bruges and Cape Town tied for 11th place.

Budapest and Florence tied for second, while the very top spot was seized by the colonial city of San Miguel de Allende in central Mexico, which took the crown from last year’s favorite of Charleston, South Carolina (which was tied for fifth this year).

Italy snapped up five of the top 25 cities, while Spain managed to take three.

Despite its slide in the global rankings, Charleston was still voted the top city in the United States for the third year in a row, for its “sand, sun, history, good food and friendly people.”

via Gino

A Short Documentary on The Beirut Neighborhood of North Philadelphia

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Eugene Martin’s “Beirut” Show

Unfortunately, there are still gun battles taking place in Beirut every now and then and the last one was yesterday in Tariq el Jdidé.

The area of Beirut, Philadelphia is just 3 square blocks. It was named that way by the people who lived there in the late 90s since there was a gun battle for about 2 weeks and at the time, there was a war in Lebanon and Beirut was on the news a lot.

Goals: Kuwait 1 – 1 Lebanon

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[YouTube]

Despite conceding a goal in the first half-time, Lebanon had a great second half against against the Kuwaiti team and could have won the game but only managed to score the equalizing goal. A draw places us behind Kuwait in the rankings but we still have a chance to qualify to the Asian Cup if we win the next game.

As far as refereeing is concerned, I still can’t believe the Kuwaiti player got away with a yellow card after his flagrant handball. What the hell was the referee thinking?

I wasn’t able to find a Youtube video showing what he did but it was a deliberate handball and deserved a red. It’s called as per the Laws of the Game shown below “A deliberate handling offense to deny an obvious goal-scoring opportunity by any player other than a goalkeeper in his own penalty area”

Law 12 of the Laws of the Game lists the categories of misconduct for which a player may be sent off. These are:
– Serious foul play (a violent foul)
– Violent conduct (any other act of violence) e.g. assaulting the referee.
– Spitting at anyone or another player
– A deliberate handling offense to deny an obvious goal-scoring opportunity by any player other than a goalkeeper in his own penalty area
– Committing an offense that denies an opponent an obvious goal-scoring opportunity (informally known as a professional foul)
– Using offensive, insulting or abusive language or gestures
– Receiving a second caution (yellow card) in the same game [Wiki]

The World’s Second Biggest Cross in Kobayat

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Kobayat, a Lebanese town located north of Lebanon, is set to inaugurate the world’s second biggest cross and Lebanon’s biggest cross on the 26th of October. The cross is 40 meters long and 20 meters wide and was made in Romania.

That means that Lebanon now has the largest cross and the second biggest cross in the world. I am not a big fan of these records but if it helps the town attract further religious tourists, then it’s a smart move. Speaking of records, we also have the biggest rosary in the world in Deir el Ahmar.

There are plenty of beautiful sites and monasteries to visit in Kobayat for those interested. If you don’t know much about this town, check out my previous posts:

Kobayat’s Wonderland
Trip To Kobayat [Part1] [Part2]
Graneroverde – Kobayat

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via Lebanonfiles

Israeli “Spy Eagle” Caught In Lebanon

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Both Pictures taken from LebanonDebate

A bird was caught in Achkout by a local hunter wearing a GPS transmitter and a leg bracelet engraved with the “Tel Aviv University” logo. The website that posted the story claimed said that the device attached to the eagle, was obviously being used for the purpose of spying on Lebanon by the Mossad, and such birds were spotted in KSA in 2010, Turkey in 2012 and Egypt this year.

I made a quick search and found out that a “spy” eagle was also spotted in Sudan in 2012 and here’s what the Israelis had to say about it:

Commenting on the story, a spokesperson for Israel’s Parks and Nature Authority confirmed that the device was indeed Israeli – but that it was a simple GPS device, which provides location information on the bird. “We have attached these devices to about 100 eagles,” the spokesperson said. “The GPS transmits the bird’s location. The device was made in Germany, and no modifications are made in Israel.” The birds, all of them from several rare species of eagles, are part of a worldwide study that tracks the flight pattern of the birds, in order to develop environments that will help the species to recover, among other goals. [Link]

Similarly, Prince Bandar had the bird released in 2010 after it got caught by a local hunter in a remote part of the Saudi desert, saying it’s a bald eagle and not a spy.

The story began when the bird was caught by a local hunter in a remote part of the Saudi desert. Because it was wearing a GPS transmitter and leg bracelet engraved with the words “Tel Aviv University” the creature immediately became a suspect in an international espionage plot.

One week later, Prince Bandar stepped in to clarify matters and accuse the Saudi media of “irresponsible reporting.”

The prince ordered the release of the bird, which he identified as a bald eagle, and explained there was no question the bird was no spy.

“These systems are fitted to birds and animals, including marine animals. Most countries use these systems, including Saudi Arabia,” Prince Bandar told Saudi media, according to Emirates 24/7. “We have taken delivery of this bird but we will set it free again after we [have] verified its systems…

“Some of the Saudi journalists rushed in, carrying the news of this bird for the sake of getting a scoop without checking the information,” he continued. “I am not defending Israel, but we need to be clear. They should have asked the competent authorities about the bird before publishing such news.” [Link]

Honestly speaking, I don’t think Israel needs vultures and eagles to spy on us. On another hand, I wonder why hunters are shooting down eagles in Achkout? I’ve been told by few friends that a lot of Lebanese hunters shoot down anything that flies whether they are going to eat it or not. If that’s the case, I think this matter is way more serious than investigating with a bird holding a GPS device.

Here’s what Colbert had to say about the “Spy Israeli Birds”:

Courtesy of Aish.com