Central Bank: Riad Salameh Discusses Surviving The Turmoil
We would like to see a more balanced government budget. The amount of debt is not a problem as long as we are attracting large capital inflows.
imported 2024-03-17 17:43:07
We would like to see a more balanced government budget. The amount of debt is not a problem as long as we are attracting large capital inflows.
Blom Bank is traditionally a commercial bank. However we have expanded gradually to become a full service bank. Now we are the number one bank in Lebanon and in the region in terms of retail banking.
In terms of regulations, there is a lot of hardship. The good thing is that we have a good Minister, who understands telecoms, who understands the regulations and who understands market competition. .
Over the past six months, Arab Bank (Beirut), Alpha Insurance (Limassol), The International Bank of Somalia (Mogadishu), BSN Bank in Kuala Lumpur, and pharmaceutical company Al Moudawi in Erbil, all signed License contracts with BML Istisharat, a leading provider of core banking, Insurance and ERP software solutions.
“H.E.C Holding has been in business since 1959. When the younger generation took over ten years ago, it was changed into a corporate company, an S.A.L, and we created the holding arm.”
Being part of SkyTeam or any alliance means more connectivity and there are the miles programs for frequent flyers as well as the possibility of entering the lounges of other companies.
For a country that took 11 months to get out of the deadlock, the events of the past few days are revealing. Sleiman Frangieh will not run for the presidential elections:
Sky Gate will be the highest building in Beirut. It has been structurally completed and it will be delivered in the later part of this year. It is going to be the most luxurious building in Lebanon if not in the Middle East.
Faces of Economy – Lebanon
FACES OF THE ECONOMY: Faouzi Issa
There are 1.4 million workers in Lebanon – this is the story of one of them.
I was ten years old and I used to hate it, says Faouzi Issa of his family’s Sunday lunch tradition some twenty years ago at Domaine des Tourelles vineyard which his father now owns.
Faces of Economy – Lebanon
FACES OF THE ECONOMY: Dr. Imad Khouri
There are 1.4 million workers in Lebanon – this is the story of one of them.
There is little rest for Dr. Imad Khouri – by choice he is a busy man.The doctor wakes up at 6 am to build his stone house; begins his daily work as a physician by 8 am, working up to 14 hours a day, and also twice a week holds a special clinic at an NGO, treating the victims of war.