BAYT.COM REPORT REVEALS THAT ONLY 5% OF LEBANESE ARE HIGHLY SATISFIED WITH THEIR SALARIES
According to Bayt.com’s latest report titled “The Middle East Salary Survey” and published in March 2010, the monthly personal income of around 37% of the Lebanese population falls within the $1,001- $2,000 bracket.
ABL Recommends Banks to Lower Benchmark Lending Rates
The ABL’s Board of Directors urged Lebanese banks to reduce the Beirut Reference Rate on lending in Lebanese Pounds and in U.S. Dollars to 8.32% and 5.05% respectively.
BEIRUT PORT ACTIVITY THROUGH FEBRUARY 2010
The Beirut port freight activity was up by 3.86% y-o-y reaching 968,000 tons through February 2010.
THE LEBANESE BANKING SECTOR IN JANUARY 2010
The consolidated balance sheet of commercial banks in Lebanon rose by 1.10% on a monthly basis to LBP 175,658 billion ($116.52 billion) in January 2010.
KUWAIT’S BUDGET SURPLUS AT $27.77 BILLION THROUGH JANUARY 2010
Kuwait’s budget surplus widened to KD 8.02 billion ($27.77 billion) during the first ten months of its 2009-2010 fiscal year ending March 2010.
TRADE GAP IN JANUARY 2010
According to the U.S. Department of Commerce, the U.S balance of trade deficit tightened by 6.54% to $37.29 billion in January 2010.
