With the financial crisis winding down, hiring is set to cautiously resume in the region’s banks. Executive spoke with Panos Manolopoulos, vice president for the Middle East at Stanton Chase, …
Category:
Finance
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After obtaining shareholder approval on February 19, Byblos Bank is set to proceed with a $250 million capital increase, to be completed by the end of June. The bank expects …
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It is no secret that the backbone of Lebanon’s economy is the banking sector. And right now, the watchdogs of Lebanon’s banking industry are without leadership. The Banking Control …
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Beirut SE (One month) Current year high: 1,200.49 Current year low: 705.56 The Beirut Stock Exchange recorded marginal index movements and abnormally high turnover in the first trading weeks of …
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The region’s rich are staging a comeback. With the timeline for an economic rebound still unknown, personal fortunes may be the first to recover from the global financial meltdown. …
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A Dubai court issued a precedent-setting ruling last month that may be a game changer for the emirate’s real estate market. When the housing bubble burst and Dubai’s properties …
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Beirut SE Current year high: 1,200.49 Current year low: 991.49 > Review period: Closed July 23 at 1010.55 points Period change: -5.2% The MSCI Lebanon index continued trending flat with …
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Lebanon’s debt closes in on $50 billion Lebanon’s official gross public debt inched closer to $50 billion, reaching $49.9 billion at the end of October 2009, according to the latest …
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After Abu Dhabi pledged $10 billion to help Dubai World pay off its $4.1 billion sukuk (an Islamic bond) commitments, global markets revived and the Gulf seemed to breathe a …
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In early December, Finance Minister Raya Hassan announced that Lebanon had successfully issued $500 million in Eurobonds in an effort to refinance the country’s staggering public debt. Before the …