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Written by The Daily Star
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Monday, 26 November 2007 |
Last week's negative sentiments prevailing on the Beirut Stock Exchange (BSE) pilled over to this week as a result of political bickering over the presidential election.
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Written by Osama Habib
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Friday, 16 November 2007 |
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Lebanon biggest holder in mideast The Daily Star, BEIRUT - With gold prices reaching all-time highs in the international markets, some bankers and economists are asking whether Lebanon's Central Bank should reconsider their long-held view that the country's precious metals must remain untouched. The Central Bank owns a little over 9.2 million ounces of gold, making Lebanon the biggest holder of gold reserves in the Middle East.
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Written by Arabian Business
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Monday, 05 November 2007 |
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Sovereign wealth funds will play an increasing role in markets, and an increasing role on the boards of companies where they will decide to have a say.
If high profile companies were designer accessories and the world's financial markets a catwalk, GCC-based investment vehicles would be among the best-dressed models on show. Amassing significant stakes in businesses across the globe the power of these, and similar funds in Asia and Russia, is on the rise; as are fears that a lack of transparency clouds their real motives.
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Written by Daily Star
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Tuesday, 18 September 2007 |
Two-government scenario could be very costly
The economic recession, a sharp drop in capital inflow and an unsettling political future are raising serious questions about Lebanon's ability to deal with the prospects of two rival governments if the presidential polls are not held on time. With less than eight days before the scheduled presidential elections at the deeply divided Parliament, most economic indicators have fallen sharply in the first six months of 2007, reflecting the negative mood of investors. |
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Written by Daily Star
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Sunday, 09 September 2007 |
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The Beirut Stock Exchange witnessed a considerable improvement this week at the level of the trading value, with the latter amounting to $9.3 million, versus a much lower value of $1.8 million last week, according to Audi Weekly bulletin The average daily trading value rose from $ 352,000 last week to $1.9 million this week, thus entailing an important increase in the trading index of 429 percent to 108.9. The total traded shares reached 580,490 shares this week, against 165,210 shares last week, and 842,954 shares since the beginning of the year 2007. |
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Written by Arabian Business
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Wednesday, 08 August 2007 |
Continued political instability is having an ongoing negative impact on Lebanon's hotel industry, but hoteliers are confident the country will eventually bounce back. |
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Written by Daily Star
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Thursday, 12 July 2007 |
Solidere announced on Monday the establishment of Solidere International LTD in Dubai International Financial Center (DIFC) with a share capital of $700.05 million. |
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