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Jean Michel Aoun

Jean Michel Aoun latest

Solidere, which was set up to rebuild the Beirut Central District, has been hurt by lower demand for real estate due to the spillover from the Syrian crisis, and its shares have lost almost 13 percent since the beginning of 2013.
November 25th, 2013 - 03:55 GMT

The only silver lining? Beirut blast unlikely to result in stock sell-off

A financial analyst who spoke on condition of anonymity told The Daily Star that though long-term investors in Solidere were increasingly uneasy about the performance of shares, they would not be willing to sell at a heavy loss.
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With the exception of Bank Audi, which posted a 21.78 percent increase in net loans, the loan portfolios of Byblos, BLOM, Bank of Beirut and BEMO contracted respectively by 0.48 percent, 0.67 percent, 1.37 percent and 4.39 percent.
August 7th, 2013 - 11:54 GMT

Lebanese banks suffering contractions

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