Latest news with #JoeIssaKhoury
MTV Lebanon
7 days ago
- Business
- MTV Lebanon
Industry Minister broaches means to bolster bilateral industrial relations with Moroccan, Jordanian Ambassadors
Industry Minister Joe Issa Khoury received Moroccan Ambassador to Lebanon, Mhammed Grine, in his office the ministry. Minister Issa Khoury emphasized "the depth of the bilateral relations between Lebanon and the Kingdom of Morocco, and the activation of joint efforts to develop them across various levels, particularly economic and industrial ones." Ambassador Grine conveyed an invitation from Moroccan Minister of Industry and Trade Ryad Mezzour, to Minister Issa Khoury to "visit Morocco at the head of a delegation of industrialists, aimed to strengthen trade exchange between the two countries." Separately, Minister Issa Khoury then met with Jordanian Ambassador Walid Al-Hadid, and they discussed "the importance of establishing integrated industrial investment projects between businessmen from both countries, which meet the needs of the region's markets."
LBCI
13-02-2025
- Business
- LBCI
Handover ceremony at Ministry of Industry: Joe Issa Khoury says industrial cities anchor people to their land
Lebanese Industry Minister Joe Issa Khoury affirmed that the plan is in place to achieve a renaissance in the industrial sector through serious efforts and solutions to its challenges. In a speech during the handover ceremony between him and former Industry Minister George Bouchikian, Khoury said that "industry is essential for securing jobs and generating foreign currency through exports, but it is also crucial because it roots people in their land, reduces emigration, and ensures balanced growth and sustainable development, especially if we establish industrial cities in various regions." He added, "This ministry is vital on several levels, particularly because it contributes to Lebanon's economic growth and food security. Its role is also fundamental in reducing the trade deficit. We will also work to strengthen the 'Made in Lebanon' slogan, which has become a symbol and a prominent brand for marketing Lebanon's name both domestically and internationally." Khoury emphasized that this slogan is synonymous with quality and helps with exports and opening new markets through continued reliance on standards and adopting specifications, highlighting that this is achieved through persistent work with Libnor and the Industrial Research Institute. For his part, Bouchikian noted that "we worked as a cohesive team, with our focus on serving the citizen first, growing the economy, and developing industry. We adopted modern methods and helped the national productive sector emerge from the constraints imposed on it. We strengthened confidence in it in both the local and international markets." He added, "In return, industrialists responded to us and met us halfway. They worked on investment, expansion, and outreach, taking risks during the war and overcoming the aggression. They chose to stay in Lebanon, holding on to the land, their industrial heritage, and their workers. They dedicated their lives and made significant sacrifices in the factories and workshops, accompanying the first, second, and third generations."
The 961
11-02-2025
- Business
- The 961
Who is Joe Issa El-Khoury, Lebanon's New Minister of Industry
After obtaining a bachelor's degree in Civil Engineering from the American University of Beirut and an MBA from INSEAD, Joe spent several years at Merrill Lynch in Paris. He then joined the Mediterranean Group in Lebanon as the Deputy General Manager of the Bank of the Mediterranean for Investment. He served as the Chairman and CEO of the Investment House, the investment banking arm of the Saradar Group. His responsibilities covered a wide range of areas, including portfolio and wealth management, project financing, mergers and acquisitions, capital markets, real estate investment, as well as the establishment of a family office for investment management. Among his achievements, Joe Issa Khoury led the first program issued by a Lebanese bank for Eurobond bonds, the first convertible bond issued by a Lebanese industrial group, and the first investment fund issued by a real estate company. He has held positions on the boards of companies operating in the United States, Europe, and the Gulf Cooperation Council (GCC), across various sectors such as fashion, aviation, hospitality, cement, banking, postal services, real estate, ports, agriculture, technology, and investment funds. Joe is married with two children and holds both French and Lebanese citizenships. He is fluent in English, French, and Arabic, and is proficient in Spanish. He was also the President of the INSEAD Alumni Association – Lebanon Chapter, the Secretary-General of the Lebanese Businessmen's Gathering (RDCL), and the Vice President of the Maronite League.
