On the banking sector’s consolidation front, 2016 saw some action. The already conjoined lenders BIT and NECB rebranded as Saradar Bank, and the acquisition of Bank Pharaon and Chiha by …
Category:
Business
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In May 2016, Banque du Liban (BDL), Lebanon’s central bank, completed the first phase of a swap operation with the Ministry of Finance (MoF). Following that, BDL pulled the financial …
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Financial literacy is a hot global policy potato that emerged as the flavor of the month for October 2016, according to the taste buds of the Organization for Economic Development …
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Law 161 was passed five years ago to create a financial regulatory agency and structure capital markets in Lebanon. Some market players are becoming restive and others are criticizing omissions …
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One issue has emerged as a stumbling block in the relations between the Capital Markets Authority (CMA) and parts of the financial industry in recent months. The concerned sub-sector of …
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On the face of it, the story of financial markets and their regulator, the Capital Markets Authority (CMA), looks like just another manifestation of Lebanese chaos. Institutions and measures that …
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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 …
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Just a few years ago Lebanese banks were apprehensively awaiting regulations they expected would impact business. These arrived with the United States’ introduction of the Foreign Account Tax Compliance Act …
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The confidence many developers have in the Lebanese real estate market is certainly not inspired by the numbers. On paper 2015 and 2016 look like the two worst years since …
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Aasim Saied has some unorthodox ideas about how technology entrepreneurs should fundraise and how best to structure a board of directors. Saied founded Akyumen, a self-described “digital products company committed …