File - Fadi Gemayel casts his ballot during the elections of the Association of Lebanese Industrialists in Beirut, Saturday, April 26, 2014. (The Daily Star/Mahmoud Kheir)
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The March 14 coalition-backed candidates emerged winners in the elections for the Association of Lebanese Industrialists held over the weekend.The March 14 list, headed by Fadi Gemayel, won after running against a March 8 coalition-backed list headed by Ramez Abu Nader. Gemayel alone received 328 votes out of 354 association members who cast their ballots in the election, which was held at the Monroe Hotel. Ifram said that despite the various economic challenges faced by the country in the past years, ALI succeeded in working with the public sector on reducing tax on profits from industrial exports by 50 percent in addition to cutting income tax for industrialists by 35 percent for five years.
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