The Lebanese economy is a “credit economy” where the function of financial intermediation takes center stage. Up to July 2015, the totality of loans granted in the financial sector constituted 110% of GDP. ... read more
In the cheap oil era, Saudi Arabia is remaining true to defending its market share on the oil market by not cutting its output as it believes it can sustain lower oil prices more than other players such as ... read more
In the third quarter of 2015 (Q3 2015), the regime of Bashar el Assad continued to rely heavily on its allies Russia and Iran. Russia deployed its aircrafts and tanks in Syria in order to support the ... read more
Demand for Lebanese Eurobonds declined over the past week as shown by the 2.04% y-t-d decline and 0.75% weekly decline in the BLOM Bond Index (BBI) to reach 103.91 points. The JP Morgan Emerging Markets’ ... read more
Lebanese Forex Market: Demand for the dollar on the Lebanese forex market increased as the exchange rate rose from at $/LP 1,510-1,514 with a mid-price of $/LP 1,512 to $/LP 1,510.5-1,514.5 with a ... read more
In January 2015, BEMO Securitization launched a mutual investment fund named “Debbane Agri SIF “. On the 10th of November 2015, Midclear announced the distribution of notes for the shareholders of this ... read more
Food and Beverage are deeply embedded in the Lebanese culture. The traditional table of Lebanese mezze nurtured a love for variety, sharing and authenticity amongst the Lebanese people. The successful ... read more
The non-audited financial results of the three largest Lebanese banks – BLOM Bank, Bank Audi, and Byblos bank — for the first three quarters of 2015 reveal steady profitability and growth, despite ... read more
Lebanese Stock Exchange showed a lackluster performance, as continued uncertainty on the local political scene held back the real estate sector. The BLOM Stock Index (BSI) declined by 0.43% to 1,137.73 ... read more
During the week ending October 8, 2015, broad Money M3 declined by LP 16B ($10.85M), to reach LP 183,916B ($122.00B) posting a 5.12 % yearly growth and a 3.68% y-t-d uptick. Similarly, M1 dropped by LP ... read more
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