GDP

Lebanon is a wealthy country. In principle. It has all sorts of assets – land, water, industry, skilled workers and competitive professionals, a deep education system, touristic and cultural treasures, seasonal…

A new report on the digital upside of MENA countries states that over the long run of more than the coming 20 years, “the socioeconomic upside of digitalizing the economy…

The Lebanese national debt, seen in relation to the country’s GDP, has been one of the highest in the world for many years. When the cost of servicing that debt…

The question of whether banks should structure their incomes on the premise of interest alone has long been answered in the negative. Diversification of risks and revenue streams have led…

Lebanon’s electricity sector faces severe difficulties on multiple levels, making it an unsustainable burden on the economy in general and the state budget in particular. Problems extend across all stages…

Any analysis of Lebanese banking performance in terms of activity has to be read in conjunction with the operating environment in the region and the recent expansion of Lebanese banks…

Imagine that you are thrown into a fist fight against a fully abled opponent, but one of your hands has been tied behind your back. Your ability to compete would…

Lebanese banks have enjoyed a long history of Iraqi businessmen coming to the country and banking here, or so boasts Makram Sader, secretary general of the Association of Banks in…

Turkey’s newest bank is all but 19 months old and has a single parent, Lebanon’s Audi Group. It goes by the name of Odeabank. Odea is apparently not a Turkish…

The United States ranked again as the world’s most competitive country and Venezuela as its least competitive in the 2014 World Competitiveness Yearbook (WCY) by Swiss business school IMD. And within the…