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
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
Rymco’s board of directors invited its shareholders to attend an ordinary General Assembly at the company’s headquarters in Chiah at 10 o’clock on the 2nd of August 2018. On the board’s agenda, along with ... read more
Rymco’s board of directors invited its shareholders to attend an ordinary General Assembly at the company’s headquarters in Chiah at 10 o’clock on Friday the 17th of November 2017. On the board’s agenda, ... read more
According to the Association of Lebanese Car Importers, the number of newly registered commercial and passenger cars registered continued slipping, as it contracted by an incremental 0.53% year-on-year ... read more
During the Ordinary General Assembly held on the 4th of August 2017, Rasamny Younis Motor Co. (RYMCO) decided to distribute the total amount of LBP 4,395,300,000 (US$2.92M) as dividends to its ... read more
According to the Association of Lebanese Car Importers (AIA), the number of newly registered commercial and passenger cars declined by an annual 1.81% to stand at 15,022 cars by May 2017. The downtick came ... read more
According to Beirut Stock Exchange (BSE), the Kuwaiti firm Mohamad Abed El Mohsen El Kharafi & Sons Co. for general contracting and industrial manufacturing, a corporate shareholder of Rasamny Younes ... read more
Following the approval of the capital markets’ authority on November 14, 2016, BEMO securitization established the securitization investment fund entitled Rymco Drive IV SIF. As such, Midclear issued notes ... read more
Making the decision to buy a car is very much attached to morale and morale has been low amongst the Lebanese. The economy has been subdued for almost five years now and policy inaction makes it unlikely ... read more
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