Lebanon Inks $70 Million Agreement with World Bank
According to the Lebanese press, the Lebanese Ministry of Finance and the Council for Construction and Redevelopment (CDR) recently penned soft loan agreement for a total consideration of $70 million.
Lebanese Government Lowers Mobile Rates
According to the Lebanese press, the Lebanese government, and upon the proposal of the Minister of Telecommunications, reduced mobile charges in an endeavor to enhance the relatively low penetration rate.
Banque Du Liban's Reserves In The Second Half Of January 2009
Banque Du Liban’s (BDL) bi-weekly balance sheet unveils a remarkable 2.72% ($536.57 million) expansion in Lebanon’s gross foreign currency reserves during the second half of January 2009 to $20.30 billion.
The Egyptian Stock Exchange
On a weekly basis, the Cairo Stock Exchange Index changed direction, plunging by 10.78% to a session close of 1,285.1 last week, from 1,440.3 the week before.
Consumer Sentiment In January
The University of Michigan consumer sentiment index inched higher by 1.83% in January 2009
