Elected as banker of the year by EUROMONEY magazine, Riad Salame, govenor of the central bank, has been a guarantor for the authenticity of Lebanon’s monetary policy of safeguarding currency …
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By all signs and measures, insurance in Lebanon remains on the slow burner. Business developments and preliminary expected results for 2003 – even a somewhat conclusive performance evaluation based on …
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Views on Lebanon’s economic perspectives have tended throughout the post-war period to concentrate on macroeconomic and fiscal issues. As a result of the worsening fiscal situation, socioeconomic needs in the …
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Optimism has for years been a prominent feature of Lebanese banking, a central nerve embedded into the firm spine of conservatism that upholds the Lebanese banking and finance industries. The …
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In July and August, a new resolutely apolitical lifestyle magazine called Hi hit the Lebanese newsstands. Available only in Arabic, the magazine featured stories on singers, student life, online matchmaking …
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Two major retail clusters are evolving in metropolitan Beirut just in time for the shopping season. Spinneys last month inaugurated its first hypermarket in Jnah, while the ABC Mall in …
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Lebanese cement manufacturer Holcim Liban has acquired 100% of Bogaz Endustri Madencilik (BEM), a cement company in Northern Cyprus.
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Despite the usual upbeat suggestions that tourism is on the up and up in Lebanon, the Arab World Trade and Tourism Exchange (AWTTE), held at the BIEL exhibition center from …
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The ministry of telecommunications and its network-operating subsidiary, Ogero, have installed the first wave of public payphones in Lebanon, with apparent success. The rollout began in late 2003 with payphones …
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ARAB COUNTRIES: Insurance Density and Insurance Penetration (SOURCE: Muhanna Foundation) This could be a very opportune time to take a good long look at the Middle Eastern insurance industry, where …