2014-04Lebanon’s Monetary Survey 2013 Promoting economic growth and financial stability appear on nearly every central bank’s monetary policy agenda. With these broad themes in mind, the particularities of ... read more
We revise down our target price on Global Telecom to EGP 4.20 from a previous EGP 5.18, updating our recommendation to REDUCE in the absence of clear prospects for the future. We believe the upside ... read more
Lebanon’s public finances have long been precarious. According to the World Bank, in the 10 years prior to the Syrian conflict, the fiscal deficit averaged 9.7% of GDP, taking the debt to GDP ratio to a ... read more
“The private sector’s economy has further contracted in March, as gauged by Blominvest’s economic indicator “BLOM PMI” released today. Posting 46.2 for the month, BLOM PMI was slightly above its February’s ... read more
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