Major Challenge for Lebanese Banking Sector
Saad Azhari, Chairman and GM of Blom Bank says “The highest risk for us is the government itself. Our biggest customer for loans and for the banking sector in Lebanon is the public sector…
“Interest Rates in Lebanon to Remain Stable” says Blom Bank
The average interest rate paid in Lebanon is 2% higher depending on the bank, with interest rate paid between 2.5 and 2.8% on dollar deposits.
Banking Sector in Lebanon: Non-Performing Loans to Increase in 2012
During the last 4-5 years, non-performing loans went down from 8% to about 2.9% and to 3.7% in 2011. Blom Bank’s Chairman and GM sees increase in non-performing loans in 2012 due to events in Syria and Egypt.
Lebanon: Banking Sector Situation is Improving
Major events shook Lebanon in 2011. The political stalemate, Arab Spring and Syria uprising were all factors that negatively affected the regional perception of stability and economic growth.
Islamic Tourism: Emerging Tourism Niche
Islamic tourism is a new emerging niche that is gaining a momentum alongside with the liberation of Iraq.
Major Real Estate Projects in Kuwait
Dr. Osama J. Bukhamseen, Vice Chairman of Bukhamseen Group believes that the real estate in Kuwait is still under-developed.
Overview of Kuwaiti Health Care Sector
Dr. Hilal Al-Sayer, former Minister of Health of Kuwait presents the health care sector.
Kuwait Health Care Sector: Priorities for Domestic Reform
Dr. Hilal Al-Sayer, former Minister of Health of Kuwait talks about the priorities for the domestic reform…
Residential Real Estate in Kuwait: Prices Will Continue to Rise
Due to demographic pressures and scarcity of land residential prices in Kuwait will continue to rise.
Real Estate Sector in Kuwait: “Real Estate Always a Hot Investment”
Real estate sector in Kuwait is to remain active according to URC (United Real Estate Company).