Blominvest issued a BUY recommendation on Solidere shares, with a target price of USD11.68 and an upside potential of 22.18%, based on estimated sales for 2016 of $290million and estimated profits of ... read more
Lebanon’s natural diverse landscape, history and its cosmopolitan aspect have made it one of the “must visit” countries in the world. In winter, tourists enjoy the ski season on the country’s slopes. While ... read more
The banking industry, one of the most resilient sectors in Lebanon, is beginning to show slower growth rates, as the economic slowdown crisis is gradually spreading across the country. Banks are still ... read more
A version of this article appeared in the print edition of The Daily Star on September 22, 2016, on page 4. Lebanon’s half absent electricity remains a major source of social and financial distress for the ... read more
According to the Ministry of Tourism, the number of tourist arrivals rose by a yearly 8.61% to 955,813 by July. This rise was due to the increase in the number of tourist arrivals from the Arab countries, ... read more
According to the Lebanese Central Bank’s (BDL) new Monetary Overview for 2015, the Lebanese economy has proven to be resilient amid the political and security turbulences locally and regionally. However, ... read more
According to a survey issued from the partnership between the Arab Monetary Fund (AMF) , the International Monetary Fund (IMF), and the World Bank, Arab banks are witnessing withdrawal of correspondent ... read more
According to a survey issued from the partnership between the Arab Monetary Fund (AMF), the International Monetary Fund (IMF) and the World Bank, Arab banks are witnessing withdrawal of correspondent bank ... read more
The macroeconomic picture in the MENA region was little changed during the second quarter of 2016. Oil-exporting countries were still trying to weather the impact of subdued oil prices on their fiscal and ... read more
The private sector companies witnessed faster contractions in output and new orders during the month of August. This was reflected by Lebanon’s monthly Purchasing Managers’ Index (PMI), released by ... read more
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