Buildings go up and banks earn profits; it’s a simple fact of life in any reasonably functioning economy. Both the banking and the real estate industries would most probably prefer …
Category:
Business
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Watches. “You either love them or you don’t care,” said Ronan Keating, sitting back on an overstuffed armchair in the library of IWC Schaffhausen’s new downtown boutique. Keating cares. In …
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The New York-based International Peace Institute’s recently published “Security and Development: Searching for Critical Connections” is a scholarly work of valuable insight for the Middle East. Edited by Neclâ Tschirgi, …
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A quick glance at Lebanon’s smog-choked roads reveals that hybrid cars and green technology are yet to be embraced by the country’s drivers. The vehicles are still a bit of …
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Running the gauntlet that is Gulf finances these days, Emirati bank balance sheets are being battered; double-teamed by deteriorating asset quality and non-performing loans. Fortunately for them, however, the fight …
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Beirut SE Current year high: 1,200.49 Current year low: 977.55 > Review period: Closed Aug 24 at 984.24 Points Period Change: -2.6% After 18 weeks of rarely interrupted drops, …
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With more than 60 of them jostling for market share, one would expect Lebanese banks to use every trick in the book to lure in customers — including attractive …
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EFG-Hermes is looking once again to control a Lebanese bank, but this time, it appears it may be successful. The largest publically traded investment bank in the Arab world announced …
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It is the sleepy, forgotten neighborhood of overdeveloped East Beirut where, until recently, Achrafieh, Saifi and Gemmayze have been having all the fun and attracting all the attention. But in …
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The high interest historically paid out by Lebanese banks on deposits in Lebanese lira (LL) made the country an attractive location for stashing cash. At its peak, near the …