Cleared Checks up to January 2009

On the banking sector front, Banque Du Liban “BDL” statistics revealed that the value of cleared checks expanded by an annual 12.53% to LBP 6,574 billion (1,020,000 checks) during the month of January 2009.

Banque Du Liban's Reserves

In The First Half Of February 2009 Banque Du Liban’s (BDL) bi-weekly balance sheet unveils a vivid 1.71% ($347.13 million) expansion in Lebanon’s gross foreign currency reserves during the first half of February 2009 to $20.65 billion.

Beirut Port Activity in January 2009

The Beirut port freight activity soared by 9.87% during the first month of 2009 in comparison with the same period in 2008, reaching a total of 501,000 tons as at end of January 2009.

The Egyptian Stock Exchange

On a weekly basis, the Cairo Stock Exchange Index altered direction, advancing by 2.59% to a session close of 1,318.4 last week, from 1,285.1 the week before.

Consumer Sentiment In Early February 2009

The University of Michigan consumer sentiment index fell by 8.17% in early February 2009 to 49.1, down from 61.2 in the previous month.