'Biban 23' Discusses Importance of Supporting Talent to Boost Economy

iban 23 Forum resumed its activities for the third day through a series of workshops and pioneering sessions - SPA
iban 23 Forum resumed its activities for the third day through a series of workshops and pioneering sessions - SPA
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'Biban 23' Discusses Importance of Supporting Talent to Boost Economy

iban 23 Forum resumed its activities for the third day through a series of workshops and pioneering sessions - SPA
iban 23 Forum resumed its activities for the third day through a series of workshops and pioneering sessions - SPA

The third day of the "Biban 23" forum's event saw discussions on the value of assisting small and medium-sized businesses in luring top talent, generating innovative ideas, and creating jobs that will boost the economy.

This came during a panel session on "Financing and Attracting Talent: A Essential Influencer for Growth Leaders."

The speakers discussed the significance of increasing investor and regulator awareness of startups, as well as how to educate, train and make entrepreneurs aware of their options through programs offered by institutions with a connection to the government.

They stressed that failure does not mean the end of the road and that the culture of entrepreneurship must change by supporting them and paving all avenues for their assistance, state news agency SPA reported.

The speakers also highlighted the importance of supporting the successes attained by entrepreneurs. They emphasized the value of financial incentives and training to entice young people to join start-up businesses and contribute to their expansion and profitability.



Lebanon Central Bank Signs Deal with US Risk Management Advisory Firm to Combat Illegal Activity

A view shows Lebanon's Central Bank building in Beirut, Lebanon January 12, 2023. (Reuters)
A view shows Lebanon's Central Bank building in Beirut, Lebanon January 12, 2023. (Reuters)
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Lebanon Central Bank Signs Deal with US Risk Management Advisory Firm to Combat Illegal Activity

A view shows Lebanon's Central Bank building in Beirut, Lebanon January 12, 2023. (Reuters)
A view shows Lebanon's Central Bank building in Beirut, Lebanon January 12, 2023. (Reuters)

Lebanon's central bank signed an agreement on Monday with US risk management advisory firm K2 Integrity aimed at combating illegal activities and fraud, according to a statement.

The agreement is part of the central bank's efforts to come off the global financial crime watchdog FATF's "grey list" of countries under special scrutiny.

FATF placed Lebanon on the list last October.