Special Section

There is a dark blue Ferrari that is often parked, for weeks at a time, outside one of Beirut’s most prestigious hotels. The number plate is Saudi Arabian. The valets …

The news struck first at the Jordan World Economic Forum: a consortium under leadership of Saad Hariri is creating Saraya Aqaba, a major new leisure project in the Gulf of …

It was a positive, not to mention mildly surprising sight late last month, when workers descended upon Beirut’s downtown pedestrian area and installed dividers to finally separate the outdoor seating …

Advocates of rural development allude often to the large number of micro-climates that allow for specialty produce to be grown here easily in a larger range than in most other …

Optimism has cult status among Lebanese tourism professionals. Having suffered blow after blow over decades, the sector’s seasoned practitioners today display a measure of immunity to bad news and business …

Reflecting the position of banking in the economy, the Association of Banks in Lebanon (ABL) is the country’s most potent group in representing private sector economic interests and influencing future …

VOICES FROM THE INDUSTRY With total assets amounting to more than three times the Gross Domestic Product and accumulative deposits only a shade below 300 % of GDP, the Lebanese …

Well, better late than never. At least that’s the sentiment of some of Lebanon’s top bankers, eager as they are to satiate an increasingly ravenous global and local appetite for …

For at least the past four years, foreign banks have been leaving Lebanon in regular succession. The exodus began in 2001, when ING Baring sold its franchise to Byblos Bank, …

For an industry that is battling a higher cost of doing business and, during the past quarter witnessed its first contraction of deposits after something like 50 quarters of perpetual …