E Economist Marwan Iskandar recently said that it is not realistic to think that Lebanon has not been affected by the global financial crisis, especially considering the public debt; what’s …
Category:
Business
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In the first quarter of 2008, the five listed banks on the Beirut Stock Exchange (Bank Audi, BLOM Bank, Byblos Bank, Bank of Beirut and Bank BEMO) recorded a year-on-year …
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Unlike the alpha banks, Lebanon’s smaller banks in the beta (ranked 11th to 20th) and gamma categories (ranked 21st to 30th) are not wholly concerned about growth. Of course, it …
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Nabil Habayeb President and CEO, General Electric Middle East The environmental problems in the Middle East are huge, and as of yet we still don’t have a common approach to …
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BaselWorld — the world’s most important watch and jewelry show — opened its doors again this year to exhibit the most luxurious and prestigious brands to the pleasure of watch …
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Capital market desks from Riyadh to Damascus continue to experience a great deal of backlogs for IPOs that are ready and waiting for the ice to break. Experts say that …
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One year ago, with the global economy fully immersed in its ongoing downslide, Philippe Dauba-Pantanacce, a senior economist for the Middle East region at Standard Chartered Bank, went on a …
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The decongested streets of Dubai seem strangely incongruent with the message that the federal government of the United Arab Emirates (UAE) would have you to believe — that the effects …
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Earlier this year when Abu Dhabi capitalized five of its own banks, panic spread throughout the Dubai banking sector. Waiting with baited breath, bankers in the ailing emirate anticipated action …
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In October 2008, Alan Greenspan, the 1987 to 2006 chairman of the US Federal Reserve, testified before congressional leaders in Washington saying “I was shocked when the system broke down, …