Emerging companies in Lebanon: Promising business units s and a glimmer of hope for the economy

The names of the winning companies for the fourth edition of the Grow my Business event were announced yesterday during a Press Conference held at the Audi Bank. The competition was launched by the Association of Beirut Merchants in collaboration with MIT enterprise Forum for the Arab World as well as Audi Bank.  The General Manager of Audi Bank in Lebanon, Mark Audi, highlighted in his keynote address the importance of this competition in incentivizing and encouraging emerging companies in Lebanon which he considered to be a glimmer of hope for the national economy as well as an important element for progress.  The president of the Association of Beirut Merchants, Nicolas Shammas, noted that emerging companies are promising production units.  He also added that the purpose of this competition is to give small and medium companies an added value, to improve the standards of the sector and to contribute to a sustainable national economic growth.
Source: Al-Safir 30 October 2014