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Shadi A. Karam
Shadi A. Karam received degrees from the American University of Beirut (AUB), Columbia University, and Harvard University. In his primary professional capacity, he is known as a specialist in the restructuring of organizations and distressed companies, most notably occupying the post of Financial Adviser to the Director General of UNESCO and serving as a Chairman and CEO of several major companies in Europe and the Middle East in various sectors, ranging from industry to real estate development, hotels, trading and financial services. Karam was the lead principal in the restructuring and modernization of the Real Estate Bank of Syria, a State-owned bank, in 1996-1997 and the successful turn around of Lebanon's BLC Bank, one of the major commercial banks of Lebanon which had to be taken over by the Central Bank of Lebanon in 2002. He also played a key role in the modernization of the banking sector in Syria in general, its liberalization and its opening to international financial ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American University Of Beirut
The American University of Beirut (AUB) ( ar, الجامعة الأميركية في بيروت) is a private, non-sectarian, and independent university chartered in New York with its campus in Beirut, Lebanon. AUB is governed by a private, autonomous board of trustees and offers programs leading to bachelor's, master's, MD, and PhD degrees. AUB has an operating budget of $423 million with an endowment of approximately $768 million. The campus is composed of 64 buildings, including the American University of Beirut Medical Center (AUBMC, formerly known as AUH – American University Hospital) (420 beds), four libraries, three museums and seven dormitories. Almost one-fifth of AUB's students attended secondary school or university outside Lebanon before coming to AUB. AUB graduates reside in more than 120 countries worldwide. The language of instruction is English. Degrees awarded at the university are officially registered with the New York Board of Regents. History On J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euros
The euro (symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in circ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Micro Credit
:''This article is specific to small loans, often provided in a pooled manner. For direct payments to individuals for specific projects, see Micropatronage. For financial services to the poor, see Microfinance. For small payments, see Micropayment.'' Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment, or a verifiable credit history. It is designed to support entrepreneurship and alleviate poverty. Many recipients are illiterate, and therefore unable to complete paperwork required to get conventional loans. As of 2009 an estimated 74 million people held microloans that totaled US$38 billion. Grameen Bank reports that repayment success rates are between 95 and 98 percent. Microcredit is part of microfinance, which provides a wider range of financial services, especially savings accounts, to the poor. Modern microcredit is generally considered to have originated with the Grameen Bank founded in Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qatar Investment Authority
The Qatar Investment Authority (QIA; ar, جهاز قطر للإستثمار) is Qatar's sovereign wealth fund. The QIA was founded by the State of Qatar in 2005 to strengthen the country's economy by diversifying into new asset classes. In 2021, the QIA had an estimated $450 billion of assets. The QIA's structure and decision-making procedures have been characterized as non-transparent. Spending decisions regarding the fund have been linked to the emir and the prime minister (regardless of whether they sit on the board of the fund). On September 2017, the Research gate (blog post of Berlin) provided data about the functioning behind the Qatar Investment Authority’s investments and it was found out that QIA's participation in global capitalism as a fully state-owned business is a compelling and little-examined facet of the organization. By examining fine-grained ownership data, CORPNET can monitor these activities on a worldwide scale. Beyond Sovereign Wealth Funds, any stat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merrill Lynch
Merrill (officially Merrill Lynch, Pierce, Fenner & Smith Incorporated), previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment banking arm, both firms engage in prime brokerage and broker-dealer activities. The firm is headquartered in New York City, and once occupied the entire 34 stories of 250 Vesey Street, part of the Brookfield Place (New York City), Brookfield Place complex in Manhattan. Merrill employs over 14,000 financial analysts and manages $2.3 trillion in client assets. The company also operates Merrill Edge, an electronic trading platform. Prior to 2009, the company was publicly owned and traded on the New York Stock Exchange. Merrill Lynch & Co. agreed to be acquired by Bank of America on September 14, 2008, at the height of the financial crisis of 2007–2008, the same weekend that Lehman Brothers was Bankruptcy of Lehman Brothers, allowed to fail. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Riad Salameh
Riad Toufic Salameh (Arabic: رياض توفيق سلامة, born July 17, 1950) is the current Governor of Lebanon, Lebanon's central bank, Banque du Liban since April 1993. He was appointed Governor by decree, approved by the Council of Ministers of Lebanon, Council of Ministers for a renewable term of six years. He was reappointed for four consecutive terms; in 1999, 2005, 2011 and 2017. He is the longest-serving central bank governor in the world. Although credited for maintaining the stability of the Lebanese pound until 2019, Salameh is accused of corruption, money laundering and running the largest Ponzi scheme in history. Early life Riad Salameh was born in Antelias in 1950 into a Christian Maronite family of successful business people, long based in Liberia. His father Toufic Salameh owned the Cedars Hotel in Broummana, and his mother Raniah was a "well-known charitable activist" and Lebanese Red Cross member who was murdered in 1982. He has three siblings. Salameh g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque Du Liban
Banque du Liban (BdL, ar, مصرف لبنان, English: Bank of Lebanon) is the central bank of Lebanon. It was established on August 1, 1963, and became fully operational on April 1, 1964. It is currently headed by Riad Salameh. One of the main responsibilities of the bank is issuing Lebanon's currency, the Lebanese Pound. Other responsibilities include maintaining monetary stability, regulation of money transfers, and maintaining the soundness of the banking sector. Banking is a very important part of Lebanon's economy with over 100 different banks, which makes the role of BdL particularly important. It currently owns 99.37% of the shares of Lebanon's national carrier, Middle East Airlines. The BdL is also the dominant shareholder of the Intra Investment Company (IIC) which in turn owns 53% of Casino du Liban, making it the only central bank worldwide to rule over a Las Vegas-style gambling casino. Besides the main branch in Beirut, it has branches in Aley, Baalbeck, Bikfaya ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abdullah Dardari
Abdallah Abdel Razzaq Al Dardari ( ar, عبد الله الدردري; born 1963) is the United Nations Development Program's Resident Representative in Kabul, Afghanistan. Prior to his appointment in 2019, he worked for the World Bank. He has also served in several positions in the government of the Syrian Arab Republic. In September 2014, he was appointed as Deputy Executive Secretary of Economic and Social Commission for Western Asia. On this occasion, he has been criticized for never publicly criticizing Bashar Assad’s current Syrian government. He has also been accused of maintaining ambiguous relationships with both the various rebel groups and the Syrian Government. Early life and education Mr. Al Dardari was born in 1963 in Damascus, Syria. He is the son of Major General Abdul Razzaq Dardari, commander of the Operations Division in the war of 1973. He holds a Masters in International Political Economy from The University of Southern California, a Bachelors in Economics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deputy Prime Minister
A deputy prime minister or vice prime minister is, in some countries, a government minister who can take the position of acting prime minister when the prime minister is temporarily absent. The position is often likened to that of a vice president, as both positions are "number two" offices, but there are some differences. The states of Australia and provinces of Canada each have the analogous office of deputy premier. In the devolved administrations of the United Kingdom, an analogous position is that of the deputy First Minister, albeit the position in Northern Ireland has equivalent powers to the First Minister differing only in the titles of the offices. In Canada, the position of deputy prime minister should not be confused with the Canadian deputy minister of the prime minister of Canada, a nonpolitical civil servant position. In Austria and Germany, the officeholder is known as vice-chancellor. A deputy prime minister traditionally serves as acting prime minister when the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tammam Salam
Tammam Saeb Salam ( ar, تمّام صائب سلام, ; born 13 May 1945) is a Lebanese politician who was the Prime Minister of Lebanon from February 2014 until December 2016. He also served as the acting President of Lebanon from May 2014 until October 2016 in his capacity as prime minister. He previously served in the Lebanese government of July 2008, government of Lebanon as minister of culture from 2008 to 2009. Salam was tasked with forming a new Lebanese government of April 2013, government on 6 April 2013. He was one of the independent Sunni Islam in Lebanon, Sunni politicians. He is close to the March 14 Alliance, and still has good relations with the March 8 Alliance. Salam was appointed Prime Minister on 15 February 2014.Lebanese P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michel Suleiman
Michel Suleiman ( ar, ميشال سليمان ; born 21 November 1948) is a Lebanese Maronite Christian politician who served as President of Lebanon from 2008 to 2014. Before becoming president, he served as commander of the Lebanese Armed Forces from 1998 to 2008. After Lebanese Armed Forces (LAF) commander Émile Lahoud took office as president in November 1998, Suleiman succeeded him, taking his place in December. Suleiman was later elected President and was sworn into office on 25 May 2008. Early life and education Suleiman was born in Amsheet in a Maronite Christian family on 21 November 1948. He joined the Lebanese Armed Forces in 1967 and went on to graduate from the military academy as 2nd lieutenant in 1970. He holds a Bachelor of Arts in politics and administrative sciences from the Lebanese University. During his military career, he participated in several military training courses : * Officer course, Military school, Lebanon, 1970 * Advanced training course, 7 Janu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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