It’s been a long, barren fall season for the IPO market in the MENA region. If December is any indication, the drought in the market is expected to carry through …
Category:
Business
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As commercial banks in Lebanon reported an astonishing 9- month growth of 44 percent in 2008 and customer deposits increased by $7.5 billion in the first 10 months, it looked …
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The real estate market in the GCC, especially in highly speculative Dubai, is still on a downward trend and companies are struggling to ensure their survival in these tumultuous times. …
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What do you say to an investor who has just seen a significant chunk of his equity investment drain away this year? “It’s true that the best time to invest …
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The UAE government has long been active in setting laws and regulations to improve the transparency of its real estate market and ensure long-term growth. Since the global financial crisis …
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Before the global financial crisis hit home, the main priority for banks in the UAE was how to decrease inflation rates. Another top concern in 2008 was dealing with the …
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“Asset growth for the seven leading GCC Islamic banks [in the first three quarters 2008] goes something like this. Abu Dhabi Islamic Bank plus 12%. Al Rajhi Bank plus 31%. …
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The Lebanese banking sector has shown strong resilience to economic and political shocks and has demonstrated a commitment to continuously support the Lebanese government in its arduous rehabilitation journey. With …
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Executive Magazine spoke with Dr. François S. Bassil, general manager at Byblos Bank and president of the Association of Banks in Lebanon, for his views on the Lebanese banking sector …
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In recent years, the Lebanese banking sector has been breaking records time and time again. Within the first nine months of 2008, Lebanese banks saw an astounding $7.8 billion increase …