The Middle East witnessed a moderate third quarter in 2014 torn between an international decline of oil prices and heightening regional security uprisings. Read More
One month after the UN dubbed the doings of the self-proclaimed Islamic State (IS) as “mass atrocities” and on the eve of 9/11, Read More
Mr. Masood Ahmed, Director of the Middle East and Central Asia Department of the International Monetary Fund (IMF), visited Lebanon on December 8−9, Read More
Equity Research
Alert on Q3 2014 – Maintaining an ACCUMULATE on SODIC as the company is in a strong position to attract promising growth opportunities
We maintain our ACCUMULATE rating on SODIC as we believe the company is in a strong position to attract promising growth opportunities. Read More
The number of construction permits during the year remained almost stable, at 15,346 permits by November 2014, a 0.4% y-o-y decrease. On the other hand, Read More
Kafalat issued 796 guarantees in the first 11 months of 2014, with a total value of 103.28M, compared to 806 guarantees worth $108.57M for the same Read More
Trade on the Beirut Stock Exchange (BSE) occurred at a low volume of 26,638 shares worth $265,014. The BLOM Stock Index (BSI) lost 0.07% to 1,175.79 Read More
Lebanon’s Balance of Payments (BoP) recorded a deficit of $867.7M in the first 10 months of 2014, compared to a deficit of $1.47B Read More
Demand for the Lebanese Eurobonds Market decreased again, with the BLOM Bond Index (BBI) dropping by 0.15% to 108.00 points. The 5Y and 10Y Read More
MENA in a Glimpse
UAE Macro and Equity Market: Continued Focus on Strategic Investments amid Robust Economic Performance
Surviving the regional tensions kept distinguishing the United Arab Emirates (UAE) that focused during the third quarter on boosting tourism, social welfare Read More
