Lebanon Businessnews News
 
Finance

Oger sells 20 percent
stake in Arab Bank
Buyers include Arab investors and bank’s chairman
FinanceArchive

$50 million private equity
targets family businesses
Fund not part of circular 331
FinanceArchive

$1 billion stimulus
from Central Bank
One percent interest rates
FinanceArchive

BLOM buys
HSBC Lebanon
Deal value: $129-$144 million
FinanceArchive

Bank deposits show
record growth since 2010
Most are from abroad
FinanceArchive

Audi writes off $191 million
in Syria, Sudan investments
Positive growth in all Q3 indicators
FinanceArchive

Berytech Fund I exits
three companies for $800,000
PayPlug, Active Identity, and Cook & Eat Lebanese
FinanceArchive

Solidere shares soared
on positive political news
Further increases expected
FinanceArchive

Kafalat iSME invests
$600,000 in Falafel Games
Amount forms part of a $2.6 million equity funding
FinanceArchive

RoboBank!

Novot, a first in the Middle East
FinanceArchive

Green loans
subject to new changes
Semi-annual follow-up reports among new requirements
FinanceArchive

Renewable energy
to get financing support
EU, EIB, AFD to provide funds and technical assistance
FinanceArchive

Green for Growth fund
to start local operations
Fund can directly finance projects or partner with financial institutions
FinanceArchive

Yafi and Jisr to raise
$50 million for ICT VC fund
70 percent to be invested locally
FinanceArchive

BLOM in talks
to buy local arm of HSBC
Deal is expected to close at $90-$100 million
FinanceArchive

Royal Forex to upgrade
to a financial company
Change enables it to tap into micro lending and investment funds
FinanceArchive

Le Vendome secures
debt reschedule scheme
The value of loans is around $100 million
FinanceArchive

IM Capital launches
angel investor program
Targeted investment of $300,000 in first year
FinanceArchive

Speed@BDD completes
second acceleration program
Startups seek a combined $3.5 million capital
FinanceArchive

BDL in $3 billion swap
to boost net foreign reserves
Buys back T-bills at large discount
FinanceArchive
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