Entrepreneurs have had a good year in 2014. With the eTobb team being admitted to Mountain View’s 500 Startups, considered to be one of the top accelerators globally, and with …
Tag:
circular 331
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For years, big Lebanese banks have operated under a cushy deal: finance government debt, and be rewarded with a handsome profit. While this arrangement has been arguably necessary, it has …
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It was a long time coming. When Al-Mawarid Bank and local startup Presella jointly announced the bank’s equity participation in the company yesterday, it had been almost a year since Banque …
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Marwan Kheireddine is the chair and general manager of Al-Mawarid Bank, one of the shareholders in the Virgin Megastore franchises in Lebanon and Saudi Arabia, and a former minister in the previous …
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According to stakeholders in Lebanon’s startup ecosystem, plans are in the making for a nation-wide accelerator. This could have a major effect – currently there are incubators for entrepreneurs operating …
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As ArabNet kicks off it’s fifth conference in Beirut today, we assess the agenda which offers events for a wide variety of online business geeks. Here are our top trends to …
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Lebanese venture capital firms (VCs) could not be more pleased. Following Circular 331 passed last August by Banque du Liban (BDL), Lebanon’s central bank, to ‘de-risk’ commercial banks’ investments in …
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