Following the security breaks in the second half of June, the Lebanese private economy contracted at a faster pace as companies’ output and new orders declined. BLOM PMI thus scored 47.9 points in July, ... 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
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
After a short breath in April, the private sector’s economy lost momentum in May on the back of political and social confusion. BLOM PMI scored 48 points down from 48.5 points last month, still below the ... read more
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