Farid el-Khazen Member of Parliament The voluntary [National Social Security Fund] is a scandal. The scheme has been discontinued and yet the fund has not [told members], so people still …
Category:
Business
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While Dubai has gradually become the heart of the regional advertising industry, Beirut remains the main center for the production of television commercials and music videos. “Even at its peak, …
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The relative calm and secure political environment that prevailed in Lebanon in 2009, coupled with record tourist arrivals and the parliamentary elections, saw the country’s advertising sector record an estimated …
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With praise from international media raining in for his steadiness at Lebanon’s financial helm, Executive sat down with Central Bank Governor Riad Salameh to discuss the current and future state …
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The banking sector remained the backbone of the Lebanese economy in 2009. Bank assets are equivalent to 334 percent of gross domestic product and deposits are equivalent to 274 percent …
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Makram Sader Secretary general, The Association of Banks in Lebanon We have good trends in terms of increases in our deposit base, in terms of increases in our credit portfolio, …
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The reason behind this year’s success in banking and the mood of Lebanese bankers can be summed up in one word: confidence. “If depositors lose confidence in their bank, they …
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With the brunt of the financial crisis bested by the end of 2008, all Lebanon had to fear was the aftershocks of everyone else’s financial earthquake. Lebanese bankers dodged the …
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On December 16, United States authorities fined Credit Suisse $536 million in penalties for violating US economic sanctions regarding financial activity in Iran and several other sanctioned countries. Investigators told …
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In 2009 the real estate industry in Lebanon witnessed another year of promising growth and continued to represent an integral part of the economy. Despite a slight drop in …