Kafalat Loans In September 2008
Statistics released by the governmentsubsidized program “KAFALAT” uncover a sizeable increase in the number of guarantees extended by Kafalat for the first nine months of 2008 to 704.
Registered Construction Permits In September 2008
According to the Order of Engineers' statistics, Lebanon’s registered construction permits amounted to 1,274,751 sqm in September 2008.
Balance Of Trade Up To August 2008
On the current account side of the balance of payment, the Higher Customs Council revealed that Lebanon’s balance of trade deficit widened by $2,226 million year-on-year to $8,037 million as at end of August 2008.
The Saudi Stock Exchange
Trading activity crawled sluggishly last week on the Saudi Stock Exchange with some, 1,360,389,242 shares compared to 1,237,388,367 shares in the previous week.
Federal Funds Rate At 1%
During the Federal Open Market Committee (FOMC) meeting on Wednesday October 29, the U.S. Federal Reserve lowered the Federal Funds rate and Discount Rate by 50 basis points each to 1% and 1.25% respectively.
