Money Matters

• Our message for the period immediately ahead continues to be that we expect some stabilization in the stock market before the end of November. We recommend adding to equity …

Banque du Liban et d’Outre-Mer (BLOM), Lebanon’s largest bank in terms of assets and deposits, has become the fourth local bank to be granted a license to open a branch …

Trading places with Adonis Insurance and Reinsurance (ADIR) would be an irresistible proposition to many of Lebanon’s insurance companies. The company knows how to tum a profit and, let’s face …

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 …

SOLIDERE The political stagnation resulting from the long break between the end of the parliamentary elections on September 3, and the appointment of a new government by the end of …

• The stock market’s major averages rose by 4% to 8% for the July-August period, but the advance appears to be maturing. A fall correction may be more severe in …

MOROCCO The Moroccan equity market rallied strongly in September, drawing strength from reports of oil and gas discoveries in the kingdom. The findings, which are expected to dramatically change the …

After months of warnings, Standard & Poor’s downgraded Lebanon’s sovereign credit rating saying that the government had failed to take measures to stem the ballooning public debt, expected y to …

I t seems Nasser Saidi means business after all. Back in May 1999, when the new insurance law was finally passed in parliament, many wondered if it would be enforced. …

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 …