While there are plenty of instances of zombie banks around the world, Lebanon stands out as the most extreme example of deliberate negligence and procrastination in banking reform
Lebanon's cash economy and money laundering have come under increased scrutiny. The banking sector is under intense pressure to comply or face serious consequences.
A new draft law designed to help reform banking in Lebanon and address distrust in the sector is full of loopholes—handy for those who might benefit. Meanwhile, the conflicts of interest remain.
Apple has clearly succeeded in penetrating traditional banking services, forging a new future for the sector. Al Majalla explains why banks and other financial service providers should be worried.
As seen with Russia, the exclusion from the world monetary system seems to be a favorite choice of western countries to combat hostile powers. In the past months, US, UK and EU announced the removal…
Standard Chartered Bank, a British banking and financial services company founded in 1969, started operation of its first branch in Riyadh, Saudi Arabia, around the middle of last May.
The Saudi…
The jailed Palestinian author won the International Prize for Arabic Fiction for his book, 'A Mask, the Colour of the Sky', which tells the story of a Palestinian man who finds and uses an Israeli ID
The very public disagreements between Washington and Tel Aviv over Gaza in recent weeks are both rare and telling, yet this transatlantic alliance has weathered far more severe storms
The first comprehensive regulation of AI by a major regulator assigns applications of AI to three risk categories. Offering protection while allowing for innovation provides a useful template.