Amidst a still turbulent Middle Eastern scene, the United Nations blacklisted four Saudi and Kuwaiti nationals for financing Islamists in Syria and Iraq. As a response the two countries announced they ... read more
The shock decision to award the hosting rights of the FIFA 2022 World Cup Tournament to the Gulf country triggered a massive construction boom. As it spends billions of dollars on construction, Qatar’s ... read more
Lebanon sunk in a situation of presidential vacuum, the “master key” whose absence has been impeding other constitutional processes. The Parliamentary election has been postponed for the second time ... read more
The Jordanian Kingdom demonstrated its ability to respond to problems faced in the previous quarter, such as the influx of Syrian and Iraqi refugees and security concerns in the region. Amendments to the ... read more
Egypt’s progress kept painting the third quarter of 2014 amid improving security conditions, numerous reforms and national attention. The land of Pharaohs regained its standing as turbine of the ... read more
Kindly find below a link to the recently published article—From resilience to inaction—written by Ms. Annalisa Fedelino, the IMF mission chief to Lebanon in the latest issue of the Executive Magazine: ... read more
Rafic Hariri International Airport (RHIA) activity improved during the first 11 months of 2014, where the total number of passengers increased by 4.20% year-on-year (y-o-y) to 6M. The number of arrivals ... read more
The consolidated balance sheet of commercial banks jumped by 3.91% year-to-date (y-t-d) to $171.27 by October, equivalent to a 6.62% year-on-year (y-o-y) growth. Total reserves showed a 13.53% y-t-d ... read more
The Beirut Stock Exchange (BSE) started the week in the red, at a volume of 61,172 shares worth $933,239, where 5 out of the 9 traded stocks declined in price. The BLOM Stock Index (BSI) lost 0.43% to ... read more
Demand for the Lebanese Eurobonds Market continued its recent decline for the fourth day in a row, with the BLOM Bond Index (BBI) dropping by 0.09% to 108.16 points. The 5Y Lebanese Eurobonds’ yield gained ... read more
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