It is timely and prudent to review the policies of Gulf Cooperation Council countries. The region, which is known for deriving much of its economic revenues from the exporting of …
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
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Many essential parts of life that we perceive as “can’t do without” are quite recent. Inventions such as the elevator, motor car, air conditioning units, frozen food and of course …
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It is another anniversary. Four years ago this month the Syrian uprising of 2011 escalated into the civil war phase, with internal conflict officially declared in July 2012 by the …
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Titled Capital in the 21st Century, the book by French economic historian Thomas Piketty is a versatile and useful tome. Author Thomas Piketty came to pay his inaugural visit to …
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After 43 years of – often rocky – togetherness, the United Kingdom is leaving the European Union. What sounds like a run-of-the-mill divorce is much more. It is an economic …
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Lebanon is being blessed with another proposed law, and several serious voices are intonating praise of the type of a minor doxology to the deities of capital. The new private …
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In May 2016, rumors circulated that the largest banking group in Lebanon, Audi, had engaged in an exercise of tinkering with the possibility of relocating its corporate holding to a …
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Banking 2016Special Report
Dissecting the numbers
by Thomas Schellen & Dany Bazby Thomas Schellen & Dany BazAlthough 2015 was a trying year for the Lebanese economy and tested many economic players beyond what they experienced in the already challenging year of 2014, the results of Lebanese …
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Executive sat with the governor of Banque du Liban (BDL), Lebanon’s central bank, Riad Salameh, for updates on the banking sector, the results of the central bank’s monetary policy, the …
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Lebanon without banks. That is far more difficult to envision than Mount Sannine without snow or the coast line without illegal buildings and the hills without litter. Asking some Lebanese …
