LEBANON REPORTS UNIQUE PROGRESS ACROSS BAYT.COM’S CONSUMER CONFIDENCE INDICES
Bayt.com, a renowned Middle Eastern job website, recently released its Consumer Confidence Index report for the month of December 2009. The report revealed that Lebanon was the only country to witness an improvement in all four indices over the period extending between April 2007 and December 2009.
BUDGET DEFICIT IN 2009
On the public finance front, Lebanon’s fiscal deficit (budgetary & treasury) widened to $2.96 billion in 2009 from $2.92 billion in 2008.
BEIRUT HOTEL PERFORMANCE IN DECEMBER 2009
According to Deloitte’s latest report on hotel Performance in the Middle East, Beirut achieved the highest increase in both covered metrics over the Middle East/Africa region during the month of December.
CREDIT LIBANAIS GROUP’S FINANCIAL PERFORMANCE IN 2009
Credit Libanais released its 2009 unaudited consolidated financial statements reporting pre-tax profits of $60.91 million and net profits of $52.15 million.
THE ABU DHABI STOCK EXCHANGE
On a weekly basis, the Abu Dhabi General Index closed on a positive note, ending the week 2.94% higher at 2,705.44.
ISM FACTORY INDEX IN JANUARY 2010
The Institute for Supply Management “ISM” conveyed an expansion in U.S. factory activity to 58.4% in January.
