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 …
Category:
Money Matters
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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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There will be a new trading system soon. Please describe what it will be and when it will be implemented. KHALAF: We’re going to start continuous trading as soon aswe …
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A US soft landing US fund managers have raised their expectations for GDPgrowth for 2000 and 2001. While 83% now expect Fed Funds torise over the coming year, they expect …
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Arab countries attracted around $9 billion in private capital flows in 1999, or 6% of total capital flows to the emerging markets that year. Private flows to the Arab region …
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MOROCCO Equities on the Casablanca StockExchange remained under pressure,with most investors opting for thesidelines in anticipation of 1999corporate results. Share prices headedmostly downward in thin liquidity asinstitutional selling outweighed buying.Total …