Finance

It is now an accepted fact that global warming is one of the most pressing threats facing the world today. The unusual weather patterns that result not only cause natural …

As we enter 2011, the mature economies of the world seem headed toward the doldrums once more. Hopes of a quick rebound are fading, especially in the United States, while …

  Bankers and politicians alike delight in calling the banking sector immune — immune to the financial crisis, immune to political rumblings and knee jerks in public opinion. But the …

  Lebanon has long represented to Middle Eastern insurance operators what Eton stands for in relation to Anglo-Saxon education – it is one of the oldest insurance sectors in the …

  In a year where deadlines for global economic recovery were repeatedly pushed back like a teenager’s weekend curfew, Lebanon’s banks managed to sail through 2010 with relative ease. Commercial …

  The Arab World’s 16 active stock markets’ combined market capitalization in the fourth quarter of 2010 amounted to substantially more than $900 billion, confirming that Middle East and North …

  The Islamic finance market is currently undergoing structural transformation. Arguably, the most significant legislative development in 2010 for the industry was the publication of the Sharia-compliant Tahawwut (hedging) Master …

  Common sense is the currency of rational minds — in this respect Dubai may be short on change. On November 25, Dubai World, the wholly owned subsidiary of the …

Recurring profitability The repeated act of earning more than is spent. “Banks have been hit by loan losses as well as investment losses due to the financial crisis. Recovering from …