A bare uptick in the BLOM Lebanon Purchasing Managers’ Index (PMI) from 45.6 in August to 45.8 in September still hints at a gloomy operating environment for the Lebanese private sector. Lebanon has now ... read more
It used to be known as the “Merchant Republic” and, better still, as the “Switzerland of the Middle East”, and its capital city was referred to as the “Paris of the East”. If you think that country is ... read more
Healthcare spending in Lebanon is substantial with BMI revising its forecasts upwards. BMI estimates that healthcare spending will rise from $4.14 billion in 2017 to $4.32 billion in 2018. By 2022, BMI ... read more
With a reading of 45.6 in August, the BLOM Lebanon Purchasing Managers’ Index (PMI) remained well below the 50 neutral- mark. The subdued PMI figures continue to reflect the precarious state of the ... read more
The Turkish Lira lost 60% of its value against the dollar since year-start Pressure on the Turkish economy is likely to increase External financing needs can reach $128 billion in the coming 2 years The ... read more
The culprits for the slump in the automobile market have been the same since 2011. The AIA’s accompanying note with the monthly statistics still attributes the market’s slump to the same factors: a weak ... read more
Lebanon’s BLOM Bond Index (BBI) decreased this week, by 0.23% to reach 91.60 points. As such, the 10 year (10Y) Lebanese Eurobonds, increased by 10 basis points to reach 9.78% this week while the yields on ... read more
Rymco is the only Lebanese car importer to be listed on the Beirut Stock Exchange and imports the brands of Chery, Datsun, Nissan, GMC, Infiniti, Lada, Lotus, Renault Trucks and UD Trucks. In 2017, Rymco ... read more
Global FDI flows fell substantially in 2017 on account of rising political and economic instability. FDI inflows to developed countries suffered the biggest annual loss. Saudi Arabia witnessed a wave of ... read more
Lebanon’s BLOM Bond Index (BBI) continued the recovery this week, rising by 0.55% to reach 91.81 points on higher demand along the whole yield curve except for the 10 year Eurobonds . The BBI recovered ... read more
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