Lebanon saw a 38.7 percent rise in check clearing activity in the first quarter of 2010. According to figures released by the Association of Banks in Lebanon, total cleared checks …
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Nine new merger and acquisition (M&A) plans with potential worth of well over $12.4 billion have been announced by companies in the Middle East and North Africa (MENA), according to …
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The interest rate subsidies granted by the central bank to 60 percent of lending sectors in July and September of 2009 have been extended until June 2011. The original circulars …
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The board of directors of Lebanon’s Banking Control Commission were finally appointed on March 3 by a unanimous vote of the Cabinet. After more than a month without a board, …
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Six of the United Arab Emirate’s banks control 60 percent of the banking market, according to Emirates Business 24|7 analysis, suggesting that mergers and acquisitions are needed in the banking …
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According to the Consultation and Research Institute (CRI), a private consulting firm, February saw real prices in Lebanon deflate. Throughout the month, the consumer price index (CPI), the premier indicator …
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Mustafa Abdel-Wadood is a managing director and a member of the board of directors of Abraaj Capital. In his capacity as chief executive officer of Abraaj Investment Management, he oversees …
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Over the last decade, the state of private equity (PE) in the Middle East has gone from virtually nonexistent, to a booming prospect, to an industry facing a shakeup. …
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The Palestinian gunman, his face screwed up with rage, ran towards us, raising his AK-47 and yelled, “Get your hands up! Get your hands up!” It was June 2007 …
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The first power plant was established in the Emirate of Dubai in 1961 when citizens of the small city-state still lived a life dominated by their desert environ. Half a …