Thomas Picketty’s seminal work, Capital in the Twenty-First Century (2014), has re-awakened a dormant interest in income distribution in developed and developing countries alike. That, fortunately (or ... read more
By Invitation: Dr Azar is with the Faculty of Business Administration and Economics, Haigazian University. The views expressed in this note are strictly his and do not necessarily reflect the views of ... read more
BLOM Bank published today its unaudited financial results for the first nine months of 2018. In a difficult environment characterized by a slowing economy and continuing political paralysis, BLOM Bank ... read more
After two and a half years of political deadlock, Lebanon had finally witnessed by the end of October 2016 the election of a new president. This recent political development has spurred optimistic hopes ... read more
Delivery of Plots Boosts Income Statement Solidere released its consolidated financial statements for the first 6 months of 2016, revealing an improvement in its bottom line from a net loss of $28.71M by ... read more
According to Credit Libanais’ Income Statement, the bank’s net profit posted a 19% year-on-year upturn to $53.75M by September. The higher profit came about as net interest income grew by a yearly 11% to ... read more
In the words of James W. Frick, the American author, “Don’t tell me where your priorities are. Show me where you spend your money and I’ll tell you what they are”. In the same spirit, the Central ... read more
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