In May 2016, Banque du Liban (BDL), Lebanon’s central bank, completed the first phase of a swap operation with the Ministry of Finance (MoF). Following that, BDL pulled the financial …
Thomas Schellen
Thomas Schellen
Thomas Schellen is Executive's editor-at-large. He has been reporting on Middle Eastern business and economy for over 20 years. Send mail
-
-
Economics & PolicyForeign Perspective
Limited reset
by Matt Nash & Thomas Schellenby Matt Nash & Thomas SchellenFor relations between the UK and the European Union, 2016 was a year of total reboot. Half a year after the historic Brexit vote, details of what the actual Brexit …
-
When compared with the banking sector and the initiatives taken by Banque du Liban (BDL), the year was unnervingly quiet for the country’s insurance industry. Preliminary information on the performance …
-
Financial literacy is a hot global policy potato that emerged as the flavor of the month for October 2016, according to the taste buds of the Organization for Economic Development …
-
A new layer in the entrepreneurship ecosystem is taking shape through the increasing institutional presence of academic bodies, including both top-tier and less prominent universities in Lebanon. Universities have been …
-
Entrepreneurship
Taking stock of the entrepreneurial ecosystem
by Thomas Schellen & Matt Nashby Thomas Schellen & Matt NashThe month of November is often the most pleasant month to live in Lebanon. The weather is nice, the mood is relaxed (with no holiday shopping stress yet), prices are …
-
Law 161 was passed five years ago to create a financial regulatory agency and structure capital markets in Lebanon. Some market players are becoming restive and others are criticizing omissions …
-
One issue has emerged as a stumbling block in the relations between the Capital Markets Authority (CMA) and parts of the financial industry in recent months. The concerned sub-sector of …
-
On the face of it, the story of financial markets and their regulator, the Capital Markets Authority (CMA), looks like just another manifestation of Lebanese chaos. Institutions and measures that …
-
We know that growth of the global economy is not as it was in earlier eras – and International Monetary Fund (IMF) chief Christine Lagarde last month warned explicitly of …
