Better direction for Lebanese banks
June 19, 2017
Finding yourself immersed among a gaggle of high-profile Lebanese bankers at a conference or social get-together can be a mildly frightening experience. When almost everyone in your vision is a banker or economist, what do you say to soften this phalanx of professionals? Which is the best buzzword to break the ice? The answer, personally tested in a meeting last month, is “corporate governance.”
Dropping the term on the sidelines of a non-governance-related event at the Institute for Finance and Governance at the Ecole Superieure des Affaires (ESA) sparked an immediate conversation with a local banking consultant, who shared his experiences working in the provision of corporate governance (CG).
Banking on training and education
June 12, 2017
Besides having to dispatch their staff to rigorous regular training programs required under central bank stipulations, banks provide employees with a variety of opportunities to participate in continuous education. Training extends from honing soft skills to mandated skill checks, acquisition of professional certifications and pursuit of academic degrees. Executive spoke to five banks about how they approach the issue.
Each of these banks provided Executive with similar figures, stating that their training budgets represent 1 or 2 percent of their payroll and reporting between 20 and 30 average annual training hours per employee. But the breadth of approaches, offerings, and perspectives on the benefits of training show that both job seekers and banks would do well to give training and educational support as much attention as their remuneration packages.
Kuwait Roundtable: Looking to Recovery
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Kuwaiti banks provided crucial support through the Covid-19 crisis and will play just as important a role in nursing the nation back to full economic health. Top executives from seven of the nation’s leading financial institutions discuss the past year and look ahead to the future.
May 06, 2021
Global Finance: A year after the pandemic, Kuwait is still experiencing partial lockdowns, travel bans and mandatory institutional quarantining. Vaccines are becoming available but have not yet reached a large percentage of the population. How has the pandemic impacted Kuwait’s economy and banks? When do you anticipate recovery to take place in earnest? Which sectors of the economy will be permanently advantaged or damaged?
Soaring Food Prices Make Ramadan Meals a Luxury in Lebanon
Lin Noueihed, Bloomberg News Residents receive boxes of food from an aid distribution point in Beirut, Lebanon on April 14. Photographer: Francesca Volpi/Bloomberg , Bloomberg
(Bloomberg)
This Ramadan, the pleas reaching the Lebanese Food Bank have taken on a new resonance.
Among the emails and calls it receives each day, an increasing number are coming from âeducated people, people who used to be in the middle class,â according to executive director Soha Zaiter.
The changing demographic of those seeking help during the Islamic holy month is a study in how Lebanonâs free-falling economy is shifting the landscape for the countryâs 6.8 million population. Where Muslims across the nation would once celebrate the breaking of the fast with an âiftarâ meal with friends and relatives, preserving that tradition has become off-limits for ma
Khaled Elgindy, moderator
Co-host:
Biographies:
Congresswoman Rashida Tlaib is a well-known progressive warrior and, in her own words, “a mother working for justice for all.” Her two young sons are at the root of her unwavering passion to help change lives for the better. She is the oldest of 14 children, born and raised in Detroit, the proud daughter of Palestinian immigrant parents.
Rashida made history in 2008 by becoming the first Muslim woman to ever serve in the Michigan Legislature. She is beloved by residents for the transformative constituent services she provided, and for successfully fighting the billionaires and corporations that tried to pollute her district. When families get to know Rashida, they have no doubt that she will work tirelessly to knock down barriers for real change, and whether by policy or action, she will roll up her sleeves to make sure her residents are cared for, no matter how big the challenge.