Money Matters

The overriding investment theme of 1999 was global economic growth. As the year ended, financial marketsoutside the US were set to outperform the American marketfor the first time since 1993. …

The unprecedented growth of foreigndirect investment (FDI) in1998, up 39% to $643.9 billion,largely bypassed the Arab world. Accordingto the 1999 World Investment Report of theUN Conference on Trade and Development,FDI …

MOROCCOA lack of foreign and institutional interest in Moroccanstocks continued to weigh down on the Casablanca StockExchange, with the market remaining on a downwardtrend. Activity was low and sentiment continues …

First prize ininnovation Banque Audi, ranked fourth in totalassets and customer deposits in 1998,has pulled off another coup that proves it isthe leader of the pack when it comes to …

How does someone establish andoperate an insurance firm in thesaturated Lebanese market? Betterstill, why would someone want to? Largefirms such as Income, Phoenix, and Mesirhave already folded and others are …

For the past year, EXECUTIVE hasbeen attempting, albeit in vain, tointerview Eternit, a Lebaneseindustrial company that was until a coupleof years ago one of the region’s largestpipe manufacturers. At different …

What is undeniably the most covetedindustry in Lebanon? It’sobvious. Since the end of thewar, local banks have been sucking in ahandsome flow of deposits (189% of GDPat the end of …