As stated in the latest released figures by the Association of Car Importers in Lebanon (AIA), by the end of the fifth month of 2014 a rise in the registration of new passenger and commercial cars by 2.13% ... read more
In an era of unprecedented technology evolution, mobile technologies are gaining the spotlight. Shopping at ease, getting medical assistance, settling bank bills, streaming a movie or receiving breaking ... read more
We lower our target price on Holcim Liban (HL) to USD 15.10 from USD 15.21 previously, maintaining a HOLD recommendation. HL appears to be undervalued with a price-to-earnings ratio of 13.62 compared to ... read more
The first six months of 2014 saw a rebound in the Lebanese safe assets market. Lebanon kept on suffering the local and regional instabilities in the first half of the year that heavily burdened its whole ... read more
We revise up our target price on Global Telecom to EGP 5.60 per share, upgrading to a HOLD recommendation as we believe the settlement of disputes in Algeria on top of the improving political and economic ... read more
Lebanon’s private sector economy continued to contract in June, but the rate of decline eased considerably and was only marginal. The economic indicator BLOM PMI therefore registered at an eight-month high ... read more
We raise our target price on SODIC to EGP 34.82 per share, maintaining our ACCUMULATE rating on clearer political and legal pictures. We believe the resolution of all legal disputes in addition to the ... read more
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