Forbes Middle East

12. RISK+ SOLUTIONS

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Financial intelligen­ce and risk management solutions Founders: Jad G. Doumith and Chadi El Nawar

Funding: $1.45 million Investors: Phoenician Fund1 Country: Lebanon Date of establishm­ent: 2016

Risk+ Solutions develops and implements end-to-end risk management and financial intelligen­ce solutions to help banks optimize their investment decision making. Doumith is the co-author of the banking ethics rule book adopted by the Central Bank of Lebanon, while El Nawar has supported over 20 financial institutio­ns on regulatory compliance and risk management.

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