Investment Highlights:■ Among G7 countries, the correlation between currency performanceand Technology exposure is 95%. In a largeruniverse of countries, it is 73%. A weaker US dollar has been part of …
Money Matters
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Regional trade makes up a relativelysmall fraction of totalArab trade, both in absoluteterms and in comparison to other regionsin the world. The low level of trade withinthe Arab world can …
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Morocco The bourse in Casablanca shrugged off a series ofhealthy corporate results and continued to linger in negativeterritories. It is estimated that overall corporateprofits for listed companies surged 12% in …
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Solidere In the last week of March, peace prospects werepushed forward after the announcement of anAmerican-Syrian summit in Geneva on the26th. Investors hoped that the advancement ofthe peace talks would …
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How likely is Lebanon to default on itsloans? More than you might think,says US magazine Institutional Investor. Inits semi-annual survey of the creditworthinessof 145 countries, it ranked Lebanon 73rdworldwide and …
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Al-Mashrek has its sights set onbecoming the top insurer inLebanon – and not just in terms ofpremiums. Already ranked sixth in the countrylast year with non-life premiums of$14.5 million, Al-Mashrek’s …
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Picture this. Mohammed and Mahmoud are good friends. The former is married to the latter’s maternal cousin, and most evenings after work are spent together around the dinner table followed …
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Coming home has paid off so farfor Societe de Grands Hotels duLiban (SGHL). After openingVendome Hotel in 1996, its profits jumpedfrom $42,101 in 1997 to $3 million, unaudited,last year. SGHL …
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The US is experiencing its longest economic growthperiod in history. The end of February marked the107th month of strong economic performance,surpassing its previous record set in the colorful 60s (106months …
