Beirut Port Activity through April 2009
The Beirut port freight activity witnessed a timid 1.10% expansion on an annual basis to 1.978 million tons through April 2009.
Beirut Airport Activity through April 2009
The Beirut International Airport (BIA) sustained its dynamic activity through April 2009, with a 21.38% annual growth in the number of passengers to 1,278,411, including transit travelers.
Moody’s Outlook on Lebanon
Moody’s Investors Service, the international rating agency, upgraded in its latest rating update dated May 11, 2009 Lebanon’s Sovereign “government bond” rating to “B2” with “stable” outlook.
The Abu Dhabi Stock Exchange
On a weekly basis, the Abu Dhabi General Index reversed momentum, closing 1.11% down at 2,590.66.
Consumer Sentiment in May 2009
The University of Michigan consumer sentiment index rose by 4.30% in May 2009 to 67.9, up from 65.1 in April, posting its highest reading since the onset of the global financial crisis.
