Global Financial Crisis

The Great Recession of 2008 led to a meltdown in both credit and equity markets and the collapse of massive financial institutions, chief among them being Lehman Brothers. Governments had to …

The impact of the global economic downturn on the Syrian economy has been “relatively limited,” according to a report released last month by the International Monetary Fund. “Overall real gross …

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“Boring banking,” said Freddie Baz, “is why Lebanese banks have been insulated from the crisis.” Baz, the group chief executive and strategy director at Lebanon’s biggest bank, Bank Audi, said …

Family offices are by nature conservative, but in recent years they have stepped out of their mold and began to invest in several asset classes including private equity (PE). This …

If there is one thing everyone in the regional private equity (PE) game agrees on, it’s that the party is officially over, albeit after a long and fruitful period of …

Unlike buying a few shares in a public company, private equity (PE) investment is a commitment that cannot be taken lightly. That is perhaps why most experts believe some two-thirds …

Dubai has been getting a lot of negative coverage in the media lately. One story stands out in particular, i.e. the frequently spouted ‘3,000 cars abandoned at Dubai airport,’ which …

The word on the street is that banks in the UAE have faired rather well amid the aftershocks of the global financial crisis. Considering they weren’t hit as hard as …

Omani banks have enjoyed substantial insulation from the turmoil of the international financial crisis. Banks across the sultanate have reported robust, double-digit growth performance throughout 2008. “Whilst the non-fee income …