When looking at the monthly hotel occupancy rates published by E&Y’s Hotel Benchmark Survey, Beirut’s hotel occupancy rate registered an increase from 64% in May 2015 to 66% in May 2016. In fact, 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
Deflation persisted in May 2016 as demonstrated by the Consumer Price Index (CPI) that dropped by 2.45% y-o-y by May 2016. According to the Central Administration of Statistics (CAS), the CPI decreased ... read more
During the first five months of the year, the value of cleared checks decreased by 2.30%, illustrating lower levels of consumption and spending. In fact, the number of checks cleared by Banque du Liban ... 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
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
Activity at the Port of Beirut (PoB) remained resilient in the first five months of 2016 as the port’s revenues recorded a yearly increase of 4.57% to $98.80M. Total container activity including ... read more
Ciments Blancs posted net profits of $2.77M in 2015, a 22.47% decrease from $3.57M in 2014. This occurred due to a 10.01% yearly decrease in sales to $12.77M. On the balance sheet, total assets increased ... read more
Following stake sales to the Bahraini Holding CIH S.A.L and the board member Sarkis Demerjian, EuroMena III Fund was approved to acquire a share of around 3% of Credit Libanais. The purchased value ... read more
According to its financial statements, HOLCIM recorded a net profit of $19.19 M in 2015 compared to $33.53 in 2014. Gross profit margin saw a yearly decrease from 17.34% in 2014 to 13.05% in 2015, on the ... read more
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