Marwan Kheireddine Recap

Marwan Kheireddine is a serial entrepreneur who started Virgin Megastores and Marwan & Co. Ltd. in 1995. His idea was to bring affordable music and movies to his country. He had success selling CDs and DVDs, but when the internet arrived, he decided to incorporate online shopping into the experience. After founding Virgin Megastore in 1998, he took a step back to focus on running the company, but he returned full-time after 2006. In 2010, he became Minister of State during Prime Minister Najib Mikati.

Marwan Kheireddine’s involvement in the Lebanese economy extends beyond his role on the boards of AUB Business School and ACSB. He serves on the board of trustees of America Community School Beirut, a private institution in West Beirut. Kheireddine also sits on the advisory board of the Lebanese Exchange Association and the American Chamber of Commerce in Lebanon.

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Marwan Kheireddine has also played an instrumental role in promoting his country’scountry’s startup ecosystem. During his time at the Ministry of Economy & Trade, Kheireddine spearheaded the launch of a startup incubator called “Ecole du Levant.” The program aims to foster innovation through entrepreneurial education and mentorship for graduates interested in starting companies.

In 2017, he became CEO of the Youth Incubator, a nonprofit organization founded in 2014 to promote youth entrepreneurship and provide them with resources to help them start their businesses. The incubator offers free classes, workshops, and resources to encourage young entrepreneurs.

“The project helped raise Lebanon’s profile,” he says, “and every time we did an event, we were on CNN and Euro News. We had a lot of press coverage because of it.”

Kheireddine organized hundreds of concerts, including a show featuring Canadian rock star Bryan Adams, whose hit single Summer of ’69’69 became a Lebanese cultural touchstone.

Lebanon’sLebanon’s current Finance Minister, Hassan Diab, said he hopes the project will encourage entrepreneurs to get involved in small businesses, create jobs and provide solutions for the country’scountry’s economic problems.