Wednesday, February 22, 2012

Lebanese economy to grow by 3 percent in 2012

In its latest report on investment opportunities in the MENA region, the investment bank EFG Hermes has projected a 3% economic growth for Lebanon in 2012 against 2.5% last year. Investment opportunities in Lebanon remained similar to other markets in the region, like Egypt, Abu Dhabi, Dubai, Jordan and Morocco. The study noted that although the country remains one of the cheapest markets in the region and has a solid banking system, political instability has started to affect stock prices in the local market.

Lebanon
© 2012 Al Bawaba (www.albawaba.com)

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Source: http://www.albawaba.com/business/lebanese-economy-grow-3-percent-2012-413770

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