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 …
Category:
Business
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Crises purify markets,” pronounced Fadi Khalaf, the recently appointed secretary general of the Union of Arab Stock Exchanges (UASE) in his opening remarks to the organization’s first public meeting …
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At the Union of Arab Stock Exchanges (UASE) conference in Cairo last month, Executive spoke with leading figures from different bourses around the Arab world about the impact of …
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In 2009, markets were battered by a seemingly never-ending series of financial crises — burst bubbles, financial meltdowns, soaring oil prices, credit crunches and falling home equity. These crises have …
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The recession is over,” says Bill O’Neil, portfolio strategist at Merrill Lynch’s Chief Investment Office in London. That is the sentiment one gets when reading Merrill Lynch’s “Year Ahead …
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"Earth-shattering” events are relatively par for the course in Lebanon, with war, political upheaval and any number of social revolts rarely outside the realm of possibility at any given …
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Cars, like people, come in all shapes and sizes. We find ourselves describing them in terms ordinarily reserved for humans: muscular, sophisticated, dependable, smart. Often personified by their own …
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As it stands at the moment, Beirut’s newest yacht club doesn’t look like much. The cement floors have yet to be covered, the luxury apartments have yet to be …
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With iconic projects that attracted international celebrities such as Donald Trump and David Beckham, the Dubai-based real estate developer Nakheel has always played an important role in fulfilling Dubai’s …
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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 …