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Lebanon’s PCH eyes USD 100 mn to restart subsidized mortgages at rates below Gulf-funded lender
Public Corporation for Housing stopped taking applications in 2019
The region’s non-oil private sector had a better month in August
Lebanon and Qatar non-oil private sector’s contraction accelerated, and Egypt remained in contraction territory despite a slight improvement
IMF calls Lebanon’s amended bank resolution law a “major step” as the World Bank pencils in a 6.4% contraction
Implementation risk and the yet-to-be-passed law regulating depositors’ refunds could still derail the possibility of a rescue package
Disputes over Lebanon’s Banking Restructuring Law persist as draft clears committee
A single article on barring shareholders from recapitalization is where the banks’ clout meets the IMF’s leverage
Anti-corruption drives in Lebanon and Iraq reach the powerful, but reform is a long road ahead
Lebanon rearrested the former governor of the central bank, whereas Iraq continues to retrieve cash and assets from detained officials
New changes to Lebanon’s banking reform bill coming
Plus: Algeria wants to renegotiate its EU trade framework
BDL files new criminal complaints targeting former private banking executives
Former top executives at Bank Audi and BankMed are accused of participating in a coordinated scheme to embezzle central bank…
Lebanon proposes golden visa to lure in capital, but will investors trust broken banks?
The USD 500k tax residency proposal sparks immediate money laundering concerns, threatening to derail Lebanon’s delicate efforts to escape the…
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