Over the course of 2013, the Lebanese economy faced critical operating conditions. The macroeconomic backdrop was rattled by recurrent security incidents and political Read More
Although the BLOM Lebanon PMI registered 45.5 in February 2014, up from 44.7 in January, the reading still signals deterioration in the performance of the Read More
The contraction of the private sector activity in the second half of 2013 led to pessimistic expectations of several economists and business people. Read More
Development of ICT was impressive throughout the past decade but contains stark differences between developed and developing countries, including Arab countries. The Read More
The BLOM Lebanon PMI (Purchasing Managers’ Index) dropped from December’s level of 49.0 to score 44.7 in January 2014, reaching its lowest mark in Read More
The banking sector continued to put in a strong performance during 2013 despite the slowdown of economic growth in Lebanon and the instability Read More
The trend of the car market in Lebanon, just like everywhere else in the world, is inextricably linked to consumer behavior and Read More
Over the course of 2013, Lebanon not only had to face its own set of domestic challenges but also suffered the spillovers from Read More
Equity Research
Alert on Q3 2013- Maintaining an ACCUMULATE on SODIC on lower political and legal uncertainties
We raise our target price on SODIC to EGP 26.80 per share, maintaining an ACCUMULATE rating. Despite the challenging macro and political environment Read More
Equity Research
Alert on Q3 2013- Maintaining our ACCUMULATE on Yamama Cement on positive outlook and attractive dividend yield
We maintain our ACCUMULATE rating on Yamama, raising our target price from SAR 57.74 to SAR 62.59 after it was reached in November. This Read More
