Arab Banking Conference Highlights Economic DiversificationSource: www.export-egypt.com 4/24/2019, Location: Middle East |
|
|
|
|
|
Lebanese Prime Minister Saad Al-Hariri has stressed that his country needs to carry out the necessary reforms for the benefit of the Lebanese citizen and public finance as well as to overcome challenges.
In a speech in the Arab Banking Conference for 2019 entitled "Economic Reforms and Governance" that he sponsored, he said, "We in Lebanon sometimes suffer from campaigns that aim to make people feel desperate." "The successful organizations, just as the successful people, like Riad Salame, Governor of Central Bank of Lebanon, or the Middle East Airline or other Lebanese institutions, are always under attack because they are successful," he pointed out. He noted that the problem was that the state did not make the reforms it should have made. He said that "in the past, for example, the Paris II Conference was held, and there was a package of reforms that had to be carried out". Chairman of the Union of Arab Banks (UAB) Shaikh Mohammad Al-Jarrah Al-Sabah said "we are concerned about our Arab societies and countries". He added that the progress in the Arab nation lacks economic diversification, pointing out that the UAB discusses economic reforms and governance so as to reach sustainable development. He said the massive destruction resulted from the wars, and ongoing unrest and conflicts for many years in the Arab countries have led to a decline in economic and social conditions, Kuwait News Agency (KUNA) reported. |
|
|
Financials and Investment News in Bahrain >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| Bahrain Oil & Gas 1 >> 2 | 3 | |
