Far from being a simple figure, Lebanon’s imports account for almost 50% of its GDP. Not a shocking fact when you see that ten years ago, imports also stood at 43% of the country’s GDP. The matter to ... read more
As discussions on approving the wage scale are ongoing, however in their final stages, it is important to shed the light on the education sector as the educational body in the public sector constitutes a ... read more
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
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
Oil is no longer the world’s most valuable commodity, water snatched the title. Numerous statements were recently published explaining that one bottle of water’s price will soon match that of one bottle of ... read more
The headline on KPMG’s 2013 Food and Beverage Industry Outlook reads: “The table is set for change”. Indeed, the global F&B industry is going through a sweeping alteration as advanced technology ... read more
Despite a strategic location in the Middle East and accustomed free trades, circumstances remain against Lebanon becoming the region’s hub in terms of international trade, investment and tourism. Lebanon’s ... read more
We lower our target price on Holcim Liban (HL) to USD 14.62 from USD 15.10 previously. Holcim shares are yielding a very attractive 5%-7% in dividends but the political unrest sweeping the Arab World ... read more
The banking sector continued to put in a strong performance during 2013 despite the slowdown of economic growth in Lebanon and the instability in countries where Lebanese banks are present. Although BLOM ... read more
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