Book Description
The following study aims to give a better comprehension of the concept of Small and Medium Enterprises (SMEs) financing in Arab countries, which has been the subject of many recent discussions and seminars. This research endeavors to prove that SMEs are fundamental for economic growth and expansion in both developed and rising countries, by playing a major role in generating new jobs. The study will focus on existing literature to combine recent research themes and aspects related to SMEs, and include in-depth interviews regarding SMEs financing (Debt, Equity and Hybrid Instruments) in one Lebanese Alpha Bank, a well known company famous for financing SMEs, Kafalat and a Business development center, Berytech. The research will answer the following main questions: - What role do SMEs play in the Arab countries and what is the effect on the economy? - What are the growth limitations and financing barriers for SMEs m Arab countries? - How are the public and private entities contributing in strengthening the SMEs? - What are the major ratifications that should be implemented on the Lebanese code of commerce and the regulatory environment in order to have a healthier SMEs expansion? In the Lebanese framework, the research reveals that despite the efforts that the Government is making, Lebanon is still ranked way behind other economies. However, it is still possible to improve the investment behaviors in Lebanon.
