Fenicia Bank has a relatively quiet profile in the banking sector. While having a headquarters in downtown Beirut, the bank has just 17 branches dotted around the country, and does …
Category:
Finance
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Three benchmark indices got a welcomed reprieve from selloffs, leading Arab markets in the 27th week of the year. The Dubai Financial Market — home of the Arabtec scandal that …
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The final trading week in June demonstrated that markets in the Middle East and North Africa are neither highly resilient nor diversified, despite having greatly advanced since the region’s 2008 …
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Of $1.45 trillion in Foreign Direct Investment inflows in 2013, more than two thirds were directed at 42 developed and 10 developing countries. According to the 2014 World Investment Report …
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June 11 saw €121 million ($164.7 million) of European Investment Bank (EIB) financing extended to the Lebanese private sector in four transactions. Two of these came via loans worth €45 …
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A rather spectacular governance lesson came this past week from Dubai-listed construction and development group Arabtec Holding. The company, presumably driven by a mixture of its own daring ambitions and the …
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It was a long time coming. When Al-Mawarid Bank and local startup Presella jointly announced the bank’s equity participation in the company yesterday, it had been almost a year since Banque …
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It could have been a very boring report. In the big picture of Lebanese banking, the classic performance parameters are rather well behaved this year. Assets of commercial banks stood …
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Lebanese banks have enjoyed a long history of Iraqi businessmen coming to the country and banking here, or so boasts Makram Sader, secretary general of the Association of Banks in …
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Modest gains were dominant on Arab exchanges in June’s first week. Index movements in nine of the twelve markets during the week were by less than two percent — except …