Home DECEMBER 2008

DECEMBER 2008

by reeda

DECEMBER 2008

 

EDITORIAL





COMMENT



Region cues for Obama’s list
Lining-up for the new president






A stitch of an industry
The its of clothing & textiles






The Arab brand
A bad name for oursleves
















BY INVITATION



















Why the bailout should sink
Why the bailout should sink




BANKING



Overview – Banks temper the tempest
Region's lending institutions to elude worst of the global financial storm






Lebanon – Cedar‘s solid assets
Beirut sitting pretty as central bank’s policies prone “conservative is cool”






Charles P.S. Hall – Q&A
HSBC’s CEO speaks candidly about the banking sector’s performance






Lebanon – Dr. Francois S. Bassil
The head of Byblos Bank puts the financial crisis in perspective






Running realty’s gauntlet
Fortified banks wary of real estate woes lurking at the gates of 2009






Saudi Arabia – Kingdom holds the fort
Though not unscathed, Saudi banks sheltered from global crisis






Kuwait – A sinking ship in the fleet
While most persevere the crisis alone, Gulf Bank clings to rescue






Qatar – Liquidity’s breakwater
Doha’s banks a beacon for investors as shelter from the global crisis






Oman - The vault of profit
Sultanate will watch global financial crisis largely pass it by in 2009






Lebanon’s banks invested in rebuilding the country‘s economy
Lebanon’s banks invested in rebuilding the country‘s economy










The ethical shield of Islamic finance
The ethical shield of Islamic finance




PRIVATE EQUITY



MENA - Budding with equity
Fertile investment opportunity to sprout in 2009






Iraq – For the intrepid investor
In the lull of war, opportunity beckons private equity






Lebanon – Kabab-ji‘s stars and stripes
Investment deal delivers Lebanese cuisine’s American dream






Maghreb – Opportune shores
Tunisia, Libya opening new horizons to land investment






Financial crisis survival guide
Financial crisis survival guide






Maghreb‘s frontier feel evolves to emerging market
Maghreb‘s frontier feel evolves to emerging market






Overview – Paltry protection
Slim coverage, slowing economies offer modest growth for 2009






Overview – The health of insurance
Government mandated coverage looks to drive policy growth rates






MENA – The underwriting tow
Insurance industry to cast off risks of investment income in 2009






GCC & Levant – The fog of financial crisis
Transparency at a premium as insurers issue obfuscation




REAL ESTATE



Lebanon - A boom where others bust
Property development defies logic while banks thrive in global crisis






UAE - How the bull went bear
Emirates property market plummets from once soaring heights






GCC - Development hits the wall
Companies thin their books and put new projects on the shelf






Realty reform
Emirates frame market modernization






Gains wane
Sands shift under development






Kuwait – Fuel to build
Property development floats on oil revenue






Bahrain – Calm oasis
Tranquility building in crisis






GCC – Building green kingdoms
Gulf's eco-friendly initiatives grow towards the sky






$20 billion in undeveloped land at Lebanese banks
$20 billion in undeveloped land at Lebanese banks






Dubai‘s foundations mature
Dubai‘s foundations mature






The components of the most resilient market in the region
The components of the most resilient market in the region




ECONOMY & FINANCE



MENA – 2009 to tally the toll
How the region will feel the fallout of the global financial crisis










Inflation – Price bubble spring leak
Global financial crisis sucks the wind from the sails of demand






Falling with optimism
Casablanca SE slides yet financiers find reason to smile






Tunisia – Market maneuvering
BVMT shed degree of foreign holdings but remains sound






Turkey – Running from fire to fire
The Pandora’s box of 2008 still open for Ankara in 2009






IPOs – Waiting game
Markets pause for the upswing




TOURISM



Lebanon – Back on the map
Shunned by travelers in recent years, allure returning to the Land of the Cedars






Lebanon – Vacation of the state
Tourism could thrive if only the government did its job






Maghreb – Traveling tides may trickle
Maghreb – Traveling tides may trickle






Lebanon – Hedonists hooray!
Beirut renowned as the region’s capital city of partying






Lebanon – Natural potential
The path to ecotourism in the beautiful outdoors




MONEY MATTERS



IPO Watch – Third quarter chill
Gulf floats while global markets sink




CONSUMER SOCIETY



ICT – A slower connection
Market’s growth to slim but still log in in 2009






Automotives – Gearing down
Automotives – Gearing down






IWC – Watch wealth
Time pieces clock in region’s revenue






Lebanon – Sunning grapes
Wine industry, distilled for years, presses new vintage




BUSINESS ESSENTIALS





FINANCIAL INDICATORS





CAPITALIST CULTURE



Economic crisis – Fair-weather finance
Politics and bailouts undermine free market’s function