Beirut Port Activity Up To October 2008

The Beirut port freight activity soared by 8.77% during the first ten months of 2008 reaching 4.835 million tons as at end of October.


Number of Tourists Up To October 2008

On the tourism front, Ministry of Tourism statistics unveil an annual 28.9% rally in the number of tourists’ arrivals to Lebanon during the first ten months of 2008.


IMF Extends $37.6 Million Soft Loan To Lebanon

According to the Lebanese Press, the International Monetary Fund (IMF) recently approved a soft loan facility for a total consideration of $37.6 million.


Egypt’s Growth Slows To 5.8%

According to Reuters, Egypt’s third quarter real GDP growth slowed to an annualized 5.8% as compared to the annualized 6.6% registered in the second quarter of 2008.


Jobless Claims In November 2008

The U.S. Labor Department conveyed an expansion in jobless claims during the week ended November 15, 2008.