Devaluation. Is it a dirty word? These days you can find doomsayers on what will happen to the Lebanese pound – but they don’t want to get caught on what …
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Bou Khalil Markets recently shifted into expansion overdrive. In 1999, the supermarket chain listed on the Beirut Stock Exchange opened outlets in Tripoli and Mkalles and built a central distribution …
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Rallies at the Beirut Stock Exchange (BSE) are rare. There has been little interest In Lebanese stocks for the last two and a half years. Trading volume dropped from $640 …
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Stock of Politics Investing in stocks is pure speculation. But for Solidere, the most active company on the Beirut Stock Exchange (BSE), taking up over 70% of the total market …
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Could you imagine the deficit drops over 20% by the end of the year? Debt servicing, now exceeding revenues, becomes less of a burden? A healthier climate renews investor confidence? …
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T he rating agency just won’t quit. Two months ago Standard & Poor’s (S&P) threatened that if the government didn’t do something about fiscal problems running wild, Lebanon would be …
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It wasn’t all that bad for Lebanon’s listedbanks last year. Caught in the middleof the country’s worst recession since thewar, falling interest rates that put a squeezeon spreads and competition …
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The Obegi family once owned one of the largestand most respected banks in Lebanon. Butduring the war, the family became fed up runningCredit Libanais under harsh conditions. “It was difficultto …
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Ever since the Golden Arches first litup the night sky in Dora inNovember 1998, the Lebanese justcan’t seem to get enough of that all-Americanfast-food chain. Beirut’s fivebranches of McDonald’s are …
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The first few days of February are probably nota time finance minister George Corm would liketo relive. Before his 2000 budget could bepassed through an unruly parliament, Cormwas the target …