Elie Abboud

We spoke with Shmuel ‘Sami' Naiberg, partner at Shiff-Hazenfratz, Tel Aviv, and Elie Abboud, managing partner of UHY Andy Bryan, Beirut.
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"I believe it's time for all the people to live in peace in this region", says Elie.
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"We are facing a bad time here in Lebanon", said Elie."There are a lot of political problems effecting the economy and instability is detracting new investors for the time being.The next two or three months [from December] will be crucial, but I believe there will be compromise and political resolution, and from there we will have a quick recovery and attract new capital".

UHY Andy Bryan and its team did not suffer directly during the conflict, although the firm lost one client who abandoned outsourcing of its internal audit because of travelling and accessibility problems.

UHY Andy Bryan had to stop most work for a month and a half - "people were sitting at home", says Elie."The psychological effect was horrible.It was horrible for everybody".But by September "we started to move again" and business was showing signs of recovery in October and November."We can see again the potential for acquiring new business.It has been manageable", says Elie.