Change font size:   

 
Abigail Hofman:

Abigail Hofman:

I wonder if ______ is an extremely optimistic person or in a cocoon of senior management denial

Cash management poll 2008:

Cash management poll 2008:

Results now live

September 2006

Lebanese reforms caught in the crossfire

Israel’s conflict with Hizbullah began just as Lebanon was finding its feet again following the assassination last year of former prime minister Rafik Hariri. The government was in the middle of a series of reforms that it hoped would provide the capital markets with a bigger role in the country’s economic story. Those reforms are now on hold but it is imperative that they are implemented as soon as circumstances allow. Sudip Roy reports from Beirut.




Securitization specialist has global vision
Lebanon’s finance minister: ‘The phoenix will rise again’

“I’M LOOKING AT my screen,” says the senior investment banker in Beirut. “There are more buy orders than sells.” The bombs are falling but business goes on in Lebanon. It’s far from business as usual, though. The banker says that just before speaking to Euromoney he was on the phone to his wife, discussing the possibility of her and their children moving abroad while the war continues. He says he will be alright; he has his work to preoccupy him.

It is several days into the conflict between Israel and Hizbullah. The Beirut stock exchange has come under heavy pressure, with the price index down by almost 11% in the week beginning July 10. Nearly all the gains made this year have been wiped out. Now, though, investors are sniffing buying opportunities again. The...


You must be a Level 2 subscriber to access this archived content. 
If your subscription includes access to the archive, please log in now to view. 

To gain access to this content visit the subscription page or call our hotline on +44 (0)207 779 8999.
Subscribe online now and save up to 30% on your subscription.



Subscribe

Subscribers to Euromoney benefit from:
    
Level 1:

  • Online access to the past 12 months content
  • Tailored RSS news feeds direct to your desktop
  • News delivered directly to your mobile device or PC
  • Personalised email newsfeed of 'Top stories' and 'Breaking news'

    Level 2:

  • Exclusive access to euromoney.com - Read the latest issue early online, search for specific developments by region or sector, interrogate the results of Euromoney's benchmark polls, and view the archive dating back to 2000
  • 12 monthly issues of Euromoney magazine
  • More than 30 specialist research guides free
  • The results of Euromoney’s polls and surveys
  • Tailored RSS news feeds direct to your desktop
  • News delivered directly to your mobile device or PC
  • Personalised email newsfeed of 'Top stories' and 'Breaking news'

Click here to subscribe




We hope this enterprise will be the start of our full enchilada offering in the future

Alejandro Valenzuela, chief executive of Mexican bank Banorte, plans a tasty treat for clients and shareholders

Ruromoney Jobs Post a job