Lebanon Topics - MarcoPolis

Joe Faddoul, Founder of BML Istisharat, recounts history and future strategy after Mawarid Finance acquisition

July 31, 2018

The Founder and former Chairman of BML Istisharat recounts the inspirational story of BML Istisharat, hard-won first successes during the Lebanese civil war, gradual expansion of exports as well as what the recent acquisition by UAE-based Mawarid Finance signifies for BML Istisharat and its future plans and strategies.

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Top software banking provider BML Istisharat got acquired by Mawarid Finance

May 24, 2018

In the first quarter of 2018, BML Istisharat, a globally recognized core banking and insurance software provider based in Lebanon, got acquired by Mawarid Finance (UAE). BML Istisharat also secured four new contracts; two in Iraqi Kurdistan and two in Lebanon.

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Lebanon elections 2018 and their (possible) impact on business and the economy

May 24, 2018

On the 6th May 2018, Lebanon held its long-awaited parliamentary elections; the first such elections since 2009. Voter turnout among the 3.9 million eligible voters was just 49.2%.

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Leading core banking software provider BML Istisharat secured two new contracts in Bahrain and Lebanon in Q4-2017

February 17, 2018

BML Istisharat, a globally recognized core banking and insurance software provider based in Lebanon, secured two new contracts in Bahrain (Bank of Jordan) and Lebanon (Arab Finance Corporation) in the fourth quarter of 2017.

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BML Istisharat, a leading core banking software provider, secured two new contracts in Lebanon and Iraq

November 8, 2017

In the third quarter of 2017, BML Istisharat, a globally recognized core banking and insurance software provider based in Lebanon, secured two new contracts in Lebanon and Iraq, one with Excillis Finance – Beirut and the other with the National Bank of Iraq – Baghdad (NBI).

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BML Istisharat, a leading core banking software provider, signed two major contracts in Q2 2017

August 16, 2017

In the second quarter of 2017, BML Istisharat, a globally recognized core banking and insurance software provider based in Lebanon, signed two new major contracts, one with Peterhouse Securities-London and the other with Liberty International Bank Ltd-Abu Dhabi.

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BML Istisharat, a leading core banking software provider, secured 5 new contracts in Q1 2017

June 20, 2017

In the first quarter of 2017, BML Istisharat, a globally recognized core banking and insurance software provider based in Lebanon, secured 5 new contracts.

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Best Core Banking Software in West Africa: BML Istisharat

November 1, 2016

“We have just completed a contract in Guinea-Conakry as well as one in Malta and apparently it went very well. That was our first banking system implementation for both West Africa and Malta,” notes Joe Faddoul, Chairman and Founding Partner of BML Istisharat.

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BML Istisharat Plans to Enter New Markets in the UK and Central America in 2017

October 26, 2016

“We have just completed a contract in Guinea-Conakry as well as one in Malta and apparently it went very well. That was our first banking system implementation for both West Africa and Malta.”

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Lebanon to Reestablish Itself as a Regional Hub for Express Logistics Services in the Middle East

October 26, 2016

“As a group Net Holding’s objective and strategy is not only to try to sustain and maintain what we have in terms of business growth across different types of services but also to be prepared for peace in the region. Once it is established, the reconstruction projects in Syria will be actioned and the Iraqi market will thrive; as a matter of fact, all types of projects such as power plants and oil and gas will kick off again so we need to be ready for this economic rebirth in the region.”