There is no question that healthcare is booming despite the financial crisis — not only in the Middle East and other emerging markets, but also in many parts of the …
Economics & Policy
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Hotels are reaping the benefits as Beirut becomes more attractive to tourists. According to the global accounting firm Deloitte’s most recent report on hotel performance in the Middle East, in …
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On October 8 the International Monetary Fund issued the final report of its annual consultation with Lebanon. The report sounds out the resilient position of Lebanon throughout the global …
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Fueled by demographic growth, urbanization and economic development, the cities of the Gulf Cooperation Council are growing at a rapid rate that is outpacing their current transport infrastructure and services. …
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The banking world was rocked in early 2000 when the Basel II Capital Accord came out with its first draft. This accord emanated from the Bank for International Settlements (BIS), …
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Those who predicted that the towering, luxury residential developments in the BCD and its immediate environs would become a sad testament to unbridled optimism and crushed potential had better think …
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We have spoken at great length, and on several occasions, in these pages about the Gulf capital markets and equities in particular. Twice, in the last quarter of 2005, we …
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The most surprising development in this conflict may actually be the most positive – the unprecedented support of the international community for Lebanon, its government, and its people. As economist …
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Although in many ways, industry was less affected by the month-long conflict with Israel than other sectors, it faces one of the most challenging recovery processes. Speaking with Executive in …
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The Economist Intelligence Unit (EIU) warned that, as a consequence of the recent conflict, Lebanon’s 2006 Gross Domestic Product (GDP) could shrink by some 10%, taking the national debt of …
