THE NEW ROL EUROBOND ISSUE
The Lebanese government has successfully closed a new Republic of Lebanon (ROL) Eurobond issue worth $500 million which is allocated over 2 tranches, a five-year tranch and a fifteen-year tranch.
CDR 2009 PROGRESS REPORT
According to the Council for Development & Reconstruction (CDR) 2009 progress report, the CDR had managed to secure some $8.953 billion in financing in the form of grants, soft loans, commercial loans, export credits and commercial loans during the period ranging between 1992 and 2008.
BEIRUT HOTEL PERFORMANCE IN OCTOBER 2009
According to Deloitte’s latest report on hotel Performance in the Middle East, Beirut defied the negative trend in the Middle East region with hotel occupancy rate expanding by 7.4%.
THE LEBANESE BANKING SECTOR IN OCTOBER 2009
In the banking sector, the consolidated balance sheet of commercial banks in Lebanon rose by 1.52% on a monthly basis to LBP 168,190 billion ($111.57 billion) as at the end of October 2009.
BANQUE DU LIBAN'S RESERVES IN THE SECOND HALF OF NOVEMBER 2009
Banque Du Liban’s (BDL) balance sheet depicts a 0.85% ($230.33 million) bi-weekly appreciation in Lebanon’s foreign assets portfolio to $27.21 billion in the second half of November 2009.
KUWAIT’S MONEY SUPPLY GROWTH IN OCTOBER 2009
According to government official data, Kuwait’s “M2” monetary aggregate grew by 15.72% in October 2009 to KD 24.73 billion ($86.80 billion).
ISM FACTORY INDEX IN NOVEMBER 2009
The Institute for Supply Management “ISM” conveyed a contraction in U.S. factory activity to 48.7% in November, down from 50.6% in October.
