Ports in a stormA combination of relaxed trade regulations, high transit demand and soaring local consumption has helped Syria’s two ports achieve record levels of cargo traffic and position themselves …
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The big news in the BCD this spring was the announcement of two mega-building projects.In April, the privately owned Abu Dhabi Investment House (ADIH) revealed that it had snapped up …
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ALMATY, Kazakhstan. At first glance, Almaty, the former capital of this once Soviet republic in Central Asia, offers the typical drab of Soviet-style graying buildings, some badly in need of …
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Bank of Beirut links up with IFCBank of Beirut has become the third bank in Lebanon to join the International Finance Corporation’s Global Trade Finance Program, which supports trade with …
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4Ronald Yazbeck,Assistant General Manager, Banque BEMO E Your bank has been involved in many diversification activities, including geographic expansion and securitization. How has this shaped your strategy for 2006?We are …
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Governor of the Central Bank Riad Salameh has been widely credited with steering a prudent monetary course during his time in office, especially during moments of national crisis. Salameh talks …
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On May 17, Lebanon was on top of the world. Literally. A Lebanese flag had been planted at the summit of Mount Everest, the world’s highest point. And what then, …
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Special Section
The Lebanese banking sector shows little structural change in its consolidated balance sheet
The striking thing about the latest consolidated balance sheet of the Lebanese banking sector is the lack of change in its structure. After a period of ten to twelve years …
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The hey days of the mid to late 1990s in terms of bank profitability are now over for most Lebanese banks. During that period, local banks were able to create …
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As a follow up to recent articles published in this magazine on fund managers, such as Philippe Jabre and Marc Hochar, and the numerous mentions in these articles of hedge …