Davos, Switzerland, The World Economic Forum in Davos, Switzerland, which took place last week, witnessed remarkable participation from global economic institutions and organizations, which have become key contributors to building and shaping the future. Various panel discussions were hosted by major companies who invited economic experts, scientists, and political figures to deliberate around the world’s…
Maxence Duault, appointed general director of the ESA Business School.
The Supervisory Board of the ESA met at the Chamber of Commerce and Industry of Paris Île-de-France (CCIR) on the 3rd of December 2019 in order to rule on the future executive management of the school. During the meeting, the CCIR nominated M. Maxence Duault as general director of the ESA. The proposition was accepted…
noknok – The Supermarket V2.0 Grocery shopping has never been faster!
Grocery shopping has never been faster! In parallel with the ever-lasting boom of the digital era, grocery shopping is following the trend; and a new company adapted a fresh and unprecedent business model in the Middle East. noknok, a 100% Lebanese App startup became live on both Android and IOS in June 2019. It is…
The New Whopper®, thicker and Juicier, is finally here!
To all burger lovers, now you can have the famous Whopper® with a 4.4-ounce patty thicker than the current one, which is 4.0 ounces. Made from all natural ingredients, with no preservatives, no additives and no fillers, the new Whopper® does not only have a thicker patty but is also seasoned with salt and pepper manually…
Bank Audi Reinforces Its Financial Positioning Increase in core equity Negotiations to sell Bank Audi Egypt
Increase in Core Equity Bank Audi has started accepting US Dollar denominated cash contributions to capital from its shareholders (holders of common shares), in application of the first stage of Banque du Liban’s circular 532. Shareholders holding the majority of the Bank’s capital have already indicated their willingness to contribute, a valuable token of their…
IPT is Recruiting Lebanese Workers at its Service Stations
n view of the difficult and exceptional circumstances in the country, IPT decided in an unprecedented and responsible initiative to hire Lebanese workers at its service stations that are directly managed by the company. The available openings are the ones that are currently occupied by foreign workers namely gas filling, car washing, oil change, and…
The Lebanon Enterprise and Employment Programme (LEEP) funded by UK aid, helps Lebanese SME’s by matching up to 50% of their business loans.
Beirut, August 13, 2019 – The Lebanon Enterprise and Employment Programme (LEEP) funded by the United Kingdom Agency for International Development (UK aid) is a programme supporting Small and Medium Enterprises (SMEs) in Lebanon, helping them grow their business and create jobs by providing funding and Business Development Services (BDS). LEEP partners with banks, micro-finance institutions…
LGB BANK
LGB BANK SAL announces that it has finalized the increase of its equity through a cash contribution in U.S. Dollars equivalent to 10% of Common Equity Tier One as at 31/12/2018, during the Ordinary General Assembly meeting of shareholders held on 14/01/2020. By this, LGB BANK SAL complied with the terms of BDL Intermediate circular…
BLOM Bank S.A.L. – Notice to Shareholders
Increasing the Bank’s Common Equity Tier One Through Cash Contributions to Capital (According to BDL circular no. 532) BLOM Bank S.A.L. (Bank) is pleased to inform its Shareholders that the Extraordinary General Assembly held on January 14th, 2020 at the Bank’s Headquarters approved the terms and conditions of the first increase of the Bank’s Tier…
Banque BEMO resumes lending to its clients
Beirut, January 13th 2020: Since the beginning of the economic crisis in Lebanon, Banque BEMO has stayed besides its clients, trying to find the adequate solutions while reducing its global exposure. As the crisis is getting more mature, Banque BEMO has decided to grant loans again. This action comes in line with the Bank’s duties,…