Financial and Banking New

REGIIONAL BANKING

Kuwait and Qatar Pull Out of Intra/Almashrek 

Official statements in Kuwait and Doha last week revealed that the Kuwaiti and Qatari shareholders of the Lebanese Intra Investment Company (IIC) and Bank Almashrek have formally withdrawn in protest against the policies of the Chairman of the two institutions, Mr. Roger Tamraz. The statements did not specify which policies were the object of this disapproval, but they did make clear that the...