The Mohammad al-Amin mosque in downtown Beirut, on Aug. 7, 2025. (Credit: Philippe Hage Boutros/L’Orient-Le Jour)
Will Lebanon be able to revive its financial markets once it turns the page on the 2019 crisis? That question has resurfaced after the government renewed the board of the Capital Markets Authority (CMA) in October, months after the members’ terms expired in June.The new board — Mahmoud Jebaai, Ghassan Abou Adal and Zeina Abdel Samad — has not outlined its program yet. The CMA is overseen by Banque du Liban Governor Karim Souhaid, under the 2011 law that created it.No one expects Lebanon to become a major financial hub, but “if the reforms demanded by the International Monetary Fund are implemented, it could become a management platform offering specialized services,” said Jean Riachi, CEO of I&C Bank and a member of the committee that drafted the 2011 law. In the news Reforms and disarmament: Eurobond holders remain skeptical ...
Will Lebanon be able to revive its financial markets once it turns the page on the 2019 crisis? That question has resurfaced after the government renewed the board of the Capital Markets Authority (CMA) in October, months after the members’ terms expired in June.The new board — Mahmoud Jebaai, Ghassan Abou Adal and Zeina Abdel Samad — has not outlined its program yet. The CMA is overseen by Banque du Liban Governor Karim Souhaid, under the 2011 law that created it.No one expects Lebanon to become a major financial hub, but “if the reforms demanded by the International Monetary Fund are implemented, it could become a management platform offering specialized services,” said Jean Riachi, CEO of I&C Bank and a member of the committee that drafted the 2011 law. In the news Reforms and disarmament: Eurobond holders remain...
Iran negotiator vows 'decisive' response to US-Israeli attack