Following the approval of the capital markets’ authority in September 26,2016, BEMO securitization established a securitization investment fund for T. Gargour & Fils, called TGF Star II SIF. As such, ... read more
According to the Association of Lebanese Car Importers, the total number of newly registered commercial and passenger cars fell 4.10% year- on- year (y-o-y) to 33,311 cars by October 2016. In details, the ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
According to Ernest and Young’s Hotel Benchmark Survey, Beirut hotel occupancy rate steadied at 58% by October 2016, when compared to the same period last year. However, this was accompanied with hotels ... read more
On November 16, BLOM Bank announced it has signed an agreement, which is expected to be completed during the first half of 2017, to acquire HSBC Bank’s assets and liabilities. HSBC had 3 branches in ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
By June 2016, records of Lebanon’s Ministry of Finance indicated treasury transfers to EDL amounted to $334.40M compared to $627.54M in H1 2015. The decline may seem economically revitalizing vis-à-vis the ... read more
Bank Audi’s Turkish subsidiary, ODEA Bank, announced its results for the third quarter of 2016. As a result, the Bank’s financial statements revealed an increase in its net profits to $3.02M compared to a ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
The Rafic Hariri International Airport activity rose during the first 10 months of 2016, where the total number of passengers increased by a yearly 7.15% to 6.56M. The number of arrivals to Lebanon went up ... read more
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