The government demonstrated its creativeinclinations, or that its feet arenot entirely on the ground, when itlaunched five-year interest-free T-billsgeared towards the Lebanese expatriatecommunity. What an altruistic lot thoseemigrants must be. …
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According to a recent report, poverty is on the rise inLebanon. What is the World Bank doing to addressthat issue? PRASAD: Poverty alleviation is the fundamental driving orientationof the bank, …
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Lebanon may have its first incubator.Netakeoff is a launching pad forentrepreneurs who have innovative ideasbut lack the financial means and supportto realize their brainchild. The company isdedicated to the development …
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• Some signs of moderation are evident in recent economic data, andinflation remains virtually absent. That’s unlikely to stay the FederalReserve’s hand, however. Policymakers are concerned about theunderlying strength of …
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Sales of life premiums grew by just 6%last year, from $74,778,669 to$79,272,469, according to the LebaneseInsurance Companies Association (ACAL).“The slowdown in growth is more related tolife insurance policies sold as …
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The government has increased taxes, but better collection is what’s needed. As the government struggles to find new sources of income, many have called on the government for serious action. …
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Technically, the only true innovationcomes in a CD shaped as a credit card.The e-bizCard, compatible with any CD-ROM, is the latest offering of the French-based Ebiz Production. However, were theunusual …
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Regional trade makes up a relativelysmall fraction of totalArab trade, both in absoluteterms and in comparison to other regionsin the world. The low level of trade withinthe Arab world can …
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Morocco The bourse in Casablanca shrugged off a series ofhealthy corporate results and continued to linger in negativeterritories. It is estimated that overall corporateprofits for listed companies surged 12% in …