It was a choppy year for markets in 2012, with headlines dominated by the European sovereign debt crisis and ongoing austerity plans in the peripheral countries causing social unrest. The United …
Category:
Business
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Screech! Honk! And a few polite words. That is what it takes for the 40-ton dump truck on a busy intersection at noontime in the middle of Beirut’s Ashrafieh district …
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Lebanese banks had their fair share of challenges to deal with in 2012 : a stagnant economy; the ongoing turmoil in neighboring Syria; increased scrutiny from the United States; increased …
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With $42 billion tied up in loans to the private sector, accounting for 28 percent of commercial banks’ balance sheet, the dismal performance of the economy has banks reassessing their …
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In early November 2012, two Salafis were killed in clashes with Hezbollah in the city of Sidon the previous day over the removal of posters commemorating the Shia festival of …
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Crédit Agricole Suisse (CA Suisse) is the centerpiece of the private banking division of Crédit Agricole, France’s third-largest bank, whose interests in the Middle East include long-standing relationships with …
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When news broke out in August that a cyber virus dubbed ‘Gauss’ attacked bank accounts in the Middle East, with the vast majority being Lebanese accounts, senior management at local …
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Every time the curtain rises on a motor show these days, it seems a new luxury sports utility vehicle (SUV) is crowding the limelight. A year ago it was the …
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Life in Lebanon means regularly dealing with the unexpected, and often the unpleasant. From the civil war in 1975 and moving to the consistent bouts of armed conflict that strike …
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Most manufacturers of widely used products vie for the attention of the masses, doing everything they can to promote their products and identities into the center of public awareness. …