The contraction of the private sector activity in the second half of 2013 led to pessimistic expectations of several economists and business people. Read More
Development of ICT was impressive throughout the past decade but contains stark differences between developed and developing countries, including Arab countries. The Read More
The BLOM Lebanon PMI (Purchasing Managers’ Index) dropped from December’s level of 49.0 to score 44.7 in January 2014, reaching its lowest mark in 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 Read More
The trend of the car market in Lebanon, just like everywhere else in the world, is inextricably linked to consumer behavior and Read More
Over the course of 2013, Lebanon not only had to face its own set of domestic challenges but also suffered the spillovers from Read More
Equity Research
Alert on Q3 2013- Maintaining an ACCUMULATE on SODIC on lower political and legal uncertainties
We raise our target price on SODIC to EGP 26.80 per share, maintaining an ACCUMULATE rating. Despite the challenging macro and political environment Read More
Equity Research
Alert on Q3 2013- Maintaining our ACCUMULATE on Yamama Cement on positive outlook and attractive dividend yield
We maintain our ACCUMULATE rating on Yamama, raising our target price from SAR 57.74 to SAR 62.59 after it was reached in November. This Read More
Equity Research
Alert on H1 2013- Maintaining our ACCUMULATE on Yamama Cement after accounting for revised forecasts
We maintain an ACCUMULATE rating on Yamama, raising its target price to SAR 57.74 from SAR 51.20 previously, after it was reached during June 2013 Read More
Equity Research
Alert on Q1 2013- Maintaining an ACCUMULATE on SODIC on potential stock price appreciation
We lower our target price on SODIC to EGP 18.48 per share from EGP 23.32 previously as Q1 results missed expectations. We maintain our Read More
