“Everything else being equal, I don’t foresee better economic conditions than the ones prevailing in Lebanon. If we can sustain the current levels it’s a positive thing. We need to …
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If there is one figure that summarizes the significance of the banking sector in Lebanon, it is that total assets stood at $148 billion as of the end of September …
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It can be daunting to be an entrepreneur in Lebanon. A lack of solid infrastructure, slow Internet and a lack of proper legal structures put significant pressure on the …
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The public sector’s support for entrepreneurship in Lebanon has largely been timid. One public institution that is trying to be active and encourage the country’s enterprising youth is Banque du …
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It was a choppy year for markets in 2012, with headlines dominated by the European sovereign debt crisis and ongoing austerity plans in the peripheral countries causing social unrest. The United …
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Lebanese banks had their fair share of challenges to deal with in 2012 : a stagnant economy; the ongoing turmoil in neighboring Syria; increased scrutiny from the United States; increased …
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With $42 billion tied up in loans to the private sector, accounting for 28 percent of commercial banks’ balance sheet, the dismal performance of the economy has banks reassessing their …
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When news broke out in August that a cyber virus dubbed ‘Gauss’ attacked bank accounts in the Middle East, with the vast majority being Lebanese accounts, senior management at local …
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Many entrepreneurs have had their chance at launching a business thanks to loans supported by Kafalat, the government-sponsored loan guarantee company. In fact, of the 20 entrepreneurs featured in this …
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Bit by bit, the Lebanese entrepreneurial puzzle is coming into place. A startup in Lebanon now can have access to incubators, accelerators and associations supporting entrepreneurship as well as financial …