The Euro was back on the rebound today as it gained 1.22% versus the Dollar. Some positivity and a rather calm end of last week have put the common currency back on the upbeat, although capital controls ... read more
According to Ernst & Young Middle East hotel benchmark survey, Lebanon recorded the second largest year-on-year (y-o-y) improvement in its occupancy rate in H1, after Egypt. This goes hand in hand with ... read more
Bank Audi group recorded profits of $202.09M in H1 2015, a 6.52% increase from June 2014, according to their unaudited financial statements. This mainly came on the back of the respective increases of ... read more
The Beirut Stock Exchange (BSE) reversed its upward trend this week, with the BLOM Stock Index (BSI) dropping 0.57% to 1,182.88 points. The average traded volume and value grew from last week’s 200,699 ... read more
Demand for the dollar in the Lebanese Forex market declined during the week as the Lebanese pound’s peg against the dollar went from 1,506–1,510 with a mid-price of $/LP 1,508 to $/LP 1,503–1,507 with a ... read more
The Lebanese Bourse ended in the red today as the real estate and industrial sectors experienced a weak performance today. The BLOM Stock Index (BSI) went down by 0.17% to 1,182.88 points, narrowing its ... read more
On the London Stock Exchange (LSE), only the real estate sector showed sign of activity, albeit with a negative performance, on Thursday, out of the four traded Lebanese Global Depository Receipts (GDRs). ... read more
Demand for medium-term Lebanese Eurobonds barely improved on Thursday as the BLOM Bond Index (BBI) ticked up by 0.02% to 107.24. The yield on the 10Y Lebanese Eurobonds remained at 6.06% while that of the ... read more
The Euro lost 0.37% against the Dollar today despite that the Greek parliament started to approve legislations for reforms suggested by major European states. Locally, the Lebanese Pound remained stable ... read more
Total real estate transactions (local and foreign transactions) stood at 28,722 by June, with a 14.97% yearly drop from 33,780. In addition, those total transactions were worth $3.59B, declining by an ... read more
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