Two recently announced projects aim to upgrade Tunisia’s electricity grid and improve power integration between Europe and Maghreb nations. According to International Monetary Fund figures, Tunisia’s economy has doubled in …
Category:
Business
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The Algerian investment climate has changed significantly this year, with sweeping government reforms curbing imports and benefiting local businesses through encouraging foreign capital inflows. One of the most significant amendments …
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Up until the onset of the current economic downturn, private equity “global masters of the universe” extended their reach far beyond their home countries. American private equity funds first rolled …
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Since 2004, the World Bank and International Finance Corporation have issued an annual report on regulatory reforms aimed at facilitating business. Issued on September 9, 2009, the latest Doing Business …
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Limited FDI in Lebanon for 2009 Foreign direct investment (FDI) in Lebanon remains relatively low despite a successful summer season and increasing bank deposits, according to the Investment Development Authority …
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There are perhaps two defining features of the Lebanese banking system in the last six years. The first, more recent feature, is its emergence as a safe haven amid the …
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Regional stock market indices Regional currency rates Saudi Arabia’s $2 billion power charger The board of Saudi Electricity Co.(SEC), the largest company in the Gulf by market value, announced a …
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Samih Saadeh is general manager of Lebanon’s 18th largest bank, Banque BEMO, and has been with the bank since 2003. He started working in the banking industry in 1978 and …
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As property prices in Dubai continue to plummet and defaults in retail loans increase, many banks are retrenching the size of their loan books. Meanwhile, mortgages remain pricey due to …
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Banking
A bank that grows from strength to strength
by Marwan Salem & Raya Freyhaby Marwan Salem & Raya FreyhaIn a recently released report FFA Private Bank has initiated coverage on BLOM Bank, with a buy recommendation and a fair value estimate of $91.6 per share, implying a price …