As governor of Lebanon’s central bank for the past 16 years, Riad Salameh has seen political and financial instability wrack his country, and he has been lauded by domestic and …
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The onset of the new millennium saw a welcome reversal of fortunes in the Arab world after nearly two decades of disappointing economic growth. The regional GDP increased in real …
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Earlier today, about a mile from where I write, Hamid Karzai gave his inauguration speech at the Afghan presidential palace in Kabul’s heavily fortified “Green Zone.” Present were representatives …
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Hotels are reaping the benefits as Beirut becomes more attractive to tourists. According to the global accounting firm Deloitte’s most recent report on hotel performance in the Middle East, in …
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In the wake of the global credit crunch, the International Monetary Fund (IMF) has come under renewed scrutiny. Some critics have signaled that a raise in contributions should be matched …
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A healthy market with strong fundamentals has led real estate developers in Lebanon to emphasize development of luxury apartments, villas, and towers, which blend contemporary designs with rich cultural heritage. …
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What do you say to an investor who has just seen a significant chunk of his equity investment drain away this year? “It’s true that the best time to invest …
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The real estate market in the GCC, especially in highly speculative Dubai, is still on a downward trend and companies are struggling to ensure their survival in these tumultuous times. …
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The story of gold in Lebanon is one tainted with war, bloodshed and massive population exodus. According to Boghos Kurdian, president of the Lebanese Syndicate of Goldsmiths and Jewelers, jewelry …
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The word on the street is that banks in the UAE have faired rather well amid the aftershocks of the global financial crisis. Considering they weren’t hit as hard as …