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The challenges of a Sovereign Wealth Fund, a Public Asset Management Company (PAMC) or a Sovereign Investment Trust Fund (SITF)

Michel Fayad I proposed the creation of a Sovereign Wealth Fund to manage the state’s assets and ownership in mid-December 2019 in the columns of An Nahar, following the advice of Dr. Fouad Abou Nader: In 1967, the Lebanese Parliament passed the Intra Law , which set new rules and. ....

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Lebanon's angry depositors demand their money back from banks - Al-Monitor: Independent, trusted coverage of the Middle East

Bank depositors staged a sit-in in Beirut to protest the banks' illegal policies imposed on their deposits amid a stifling economic crisis. ....

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Watch: Lebanese banks shut for 3 days as armed depositors storm more branches

The Association of Banks in Lebanon announced the closure after angry depositors across the country stormed banks on Friday demanding their savings, according to al-Jadeed TV channel. ....

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British depositors sue to stop account closure in Lebanon

A group of British depositors in Lebanon are trying to get their accounts re-opened after the banks closed them with no warning. ....

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