Anjo Rihane is a prominent Lebanese actress who was been in award-winning films and theatres productions. Anjo Rihane
Anjo Rihane is a prominent Lebanese actress who was been in award-winning films and theatres productions. Anjo Rihane
Anjo Rihane is a prominent Lebanese actress who was been in award-winning films and theatres productions. Anjo Rihane
Anjo Rihane is a prominent Lebanese actress who was been in award-winning films and theatres productions. Anjo Rihane

'How sustainable is this life?': how Lebanon's deteriorating economy is crushing the dreams of young and old


Samia Badih
  • English
  • Arabic

Many experts have described it as the worst economic crisis in Lebanon's history.

The Lebanese pound's value has dropped to record lows against the dollar, food prices have gone up and unemployment has risen drastically as more businesses shut their doors.

Coupled with a global pandemic, it has become a hopeless situation for many, including artists in the film and television industry.

A "sinking Titanic" is how director Tony Eli Kanaan, 27, describes it. "I am super frustrated. I'm super numbed. I hate that we have adapted to this situation," Kanaan tells The National.

"We have just adapted to this joke and that is what is frustrating me, other than the denial and the numbness I feel," he adds.

Also a writer and actor, Kanaan's career only recently started to take off, and his ultimate goal is to go to Los Angeles to pursue acting professionally. "I'm trying to get out of here," he says. "I still think whoever has the chance to leave, should leave."

His message might surprise some, considering the success the young filmmaker has started to garner in his home country. Thanks to the comedy skits he posts on his Instagram page, Kanaan has racked up more than 50,000 followers in fewer than five months.

However, despite his growing social media following, Kanaan says it is hard to not have a pessimistic view. "My perception of Lebanon is complete doom. How sustainable is this life?"

Lebanese director Tony Kanaan hopes to pursue a professional acting career in Los Angeles. Tony Kanaan
Lebanese director Tony Kanaan hopes to pursue a professional acting career in Los Angeles. Tony Kanaan

And these feelings of despair are not just felt by the younger generation. The same sentiment is echoed by creatives who have been in the production industry for years.

'Who is going to invest in films?'

Nasser Fakih is the veteran Lebanese TV director behind popular shows such as La Youmal, Mafi Metlo and Beit El Kell. He says projects have been put on hold because producers have not been able to pay their crews in dollars. Yet, the ramifications are more than merely financial.

Lebanese veteran television director Nasser Fakih. Nasser Fakih
Lebanese veteran television director Nasser Fakih. Nasser Fakih

"The problem is also mental and psychological, because an artist has to be in a certain environment in order to work. When the environment is negative and everything around him is falling apart, it becomes difficult for an artist to really excel in his or her field," he says.

Having worked in the industry for almost three decades, it is a situation Fakih says is painful to witness.

"We have such a beautiful country which is [like] a natural studio. But who is going to invest in films when people are losing their jobs and going hungry?"

'I don't want my kids to go through the same pain'

Anjo Rihane, 42, asks a similar question. For the actress, the situation led to the cancellation of a play she was in, which had been running for a year.

"The first thing that people stop doing [during an economic crisis] is going to the theatre. I also had a television series, but that has been postponed," she tells The National.

Lebanon's economic unravelling is beginning to slip out of control as its currency declines, threatening to drag the nation into hyperinflation. Bloomberg
Lebanon's economic unravelling is beginning to slip out of control as its currency declines, threatening to drag the nation into hyperinflation. Bloomberg

"I don't think there is any Lebanese who has not put in place a plan B, even those who tell you that they are against leaving the country," she says.

As a mother of two, the thought of emigration hovers over her head like a ghost, she says. "I don't want my kids to go through the same pain."

The pain Rihane speaks of is shared by most Lebanese people. Many have seen their life's savings disappear overnight, due to the devaluation of the currency, and on top of it all, they do not have access to their funds at the banks.

"Quite simply, I want my rights," Rihane says. "I want my kids to live in a country where they don't have to be afraid of a stray bullet, where they don't get asked about their religion. Nor do I want them to use 'wasta' to get anything done."

I still have hope and I believe we cannot live without hope

Despite everything, Fakih still has a sense of hope, though he admits optimism is becoming ever harder to find. At 50, he does not consider emigration an option.

"I would not like to throw away everything I have achieved over all these years in my field, and go somewhere else where I might or might not succeed.

"However, I would understand if someone has given up hope and decided to emigrate, whatever field they are in," he says.

"I still have hope and I believe we cannot live without hope. Hope is part of human nature and the disappearance of hope means the end of dreams, of life of everything that is good in this world," the director adds.

While Fakih and Rihane still hold on to hope as they see fellow citizens continue to march on the streets demanding change, the real fear is if they, like Kanaan, also decide it is time to pack their bags and leave Lebanon behind them.

Andor
%3Cp%3E%3Cstrong%3ECreator%3A%3C%2Fstrong%3E%20Tony%20Gilroy%3Cbr%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EDiego%20Luna%2C%20Genevieve%20O'Reilly%2C%20Alex%20Ferns%3Cbr%3E%3Cstrong%3ERating%3A%205%3C%2Fstrong%3E%2F5%3C%2Fp%3E%0A
LIST OF INVITEES

Shergo Kurdi (am) 
Rayhan Thomas
Saud Al Sharee (am)
Min Woo Lee
Todd Clements
Matthew Jordan
AbdulRahman Al Mansour (am)
Matteo Manassero
Alfie Plant
Othman Al Mulla
Shaun Norris

Infobox

Western Region Asia Cup Qualifier, Al Amerat, Oman

The two finalists advance to the next stage of qualifying, in Malaysia in August

Results

UAE beat Iran by 10 wickets

Kuwait beat Saudi Arabia by eight wickets

Oman beat Bahrain by nine wickets

Qatar beat Maldives by 106 runs

Monday fixtures

UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain

SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%202-litre%204-cylinder%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E268hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E380Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh208%2C000%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%0D%3Cbr%3E%3C%2Fp%3E%0A
German plea
Ukrainian President Volodymyr Zelenskyy told the German parliament that. Russia had erected a new wall across Europe. 

"It's not a Berlin Wall -- it is a Wall in central Europe between freedom and bondage and this Wall is growing bigger with every bomb" dropped on Ukraine, Zelenskyy told MPs.

Mr Zelenskyy was applauded by MPs in the Bundestag as he addressed Chancellor Olaf Scholz directly.

"Dear Mr Scholz, tear down this Wall," he said, evoking US President Ronald Reagan's 1987 appeal to Soviet leader Mikhail Gorbachev at Berlin's Brandenburg Gate.

Tell Me Who I Am

Director: Ed Perkins

Stars: Alex and Marcus Lewis

Four stars

The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

UAE currency: the story behind the money in your pockets
Abu Dhabi card

5pm: Handicap (TB) Dh100,000 2,400m

5.30pm: Wathba Stallions Cup Handicap (PA) Dh 70,000 2,200m

6pm: Abu Dhabi Fillies Classic Prestige (PA) Dh110,000 1,400m

6.30pm: Abu Dhabi Colts Classic Prestige (PA) Dh110,000 1,400m

7pm: Handicap (PA) Dh85,000 1,600m

7.30pm: Maiden (PA) Dh80,000 1,600m

The National selections:

5pm: Valcartier

5.30pm: AF Taraha

6pm: Dhafra

6.30pm: Maqam

7pm: AF Mekhbat

7.30pm: Ezz Al Rawasi  

First-round leaderbaord

-5 C Conners (Can)

-3 B Koepka (US), K Bradley (US), V Hovland (Nor), A Wise (US), S Horsfield (Eng), C Davis (Aus);

-2 C Morikawa (US), M Laird (Sco), C Tringale (US)

Selected others: -1 P Casey (Eng), R Fowler (US), T Hatton (Eng)

Level B DeChambeau (US), J Rose (Eng) 

1 L Westwood (Eng), J Spieth (US)

3 R McIlroy (NI)

4 D Johnson (US)

The%20specs%20
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%204cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E261hp%20at%205%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E400Nm%20at%201%2C750-4%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E7-speed%20dual-clutch%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E10.5L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh129%2C999%20(VX%20Luxury)%3B%20from%20Dh149%2C999%20(VX%20Black%20Gold)%3C%2Fp%3E%0A
The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
WWE TLC results

Asuka won the SmackDown Women's title in a TLC triple threat with Becky Lynch and Charlotte Flair

Dean Ambrose won the Intercontinental title against Seth Rollins

Daniel Bryan retained the WWE World Heavyweight Championship against AJ Styles

Ronda Rousey retained the Raw Women's Championship against Nia Jax

Rey Mysterio beat Randy Orton in a chairs match

Finn Balor defeated Drew McIntyre

Natalya beat Ruby Riott in a tables match

Braun Strowman beat Baron Corbin in a TLC match

Sheamus and Cesaro retained the SmackDown Tag Titles against The Usos and New Day

R-Truth and Carmella won the Mixed Match Challenge by beating Jinder Mahal and Alicia Fox

Company%20profile
%3Cp%3EName%3A%20Tabby%3Cbr%3EFounded%3A%20August%202019%3B%20platform%20went%20live%20in%20February%202020%3Cbr%3EFounder%2FCEO%3A%20Hosam%20Arab%2C%20co-founder%3A%20Daniil%20Barkalov%3Cbr%3EBased%3A%20Dubai%2C%20UAE%3Cbr%3ESector%3A%20Payments%3Cbr%3ESize%3A%2040-50%20employees%3Cbr%3EStage%3A%20Series%20A%3Cbr%3EInvestors%3A%20Arbor%20Ventures%2C%20Mubadala%20Capital%2C%20Wamda%20Capital%2C%20STV%2C%20Raed%20Ventures%2C%20Global%20Founders%20Capital%2C%20JIMCO%2C%20Global%20Ventures%2C%20Venture%20Souq%2C%20Outliers%20VC%2C%20MSA%20Capital%2C%20HOF%20and%20AB%20Accelerator.%3Cbr%3E%3C%2Fp%3E%0A
The specs

Engine: 3.0-litre six-cylinder MHEV

Power: 360bhp

Torque: 500Nm

Transmission: eight-speed automatic

Price: from Dh282,870

On sale: now

COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

About Proto21

Date started: May 2018
Founder: Pir Arkam
Based: Dubai
Sector: Additive manufacturing (aka, 3D printing)
Staff: 18
Funding: Invested, supported and partnered by Joseph Group