According to the Association of Banks in Lebanon (ABL), Lebanon has been witnessing a downward trend in both the value and number of cleared checks this year. As such, the value of cleared checks dropped ... read more
According to the Ministry of Tourism, the number of tourist arrivals rose by a yearly 8.61% to 955,813 by July. This rise was due to the increase in the number of tourist arrivals from the Arab countries, ... read more
Lebanese Forex Market Demand for the dollar on the Lebanese forex market stabilized over the past week as the value of the Lebanese pound against the dollar steadied at $/LP 1,514-1,514.50 with a mid-price ... read more
The BLOM Bond Index (BBI) registered a 0.24% weekly decline to 103.12 points and by that was outpaced by the JP Morgan Emerging Markets’ Bond Index which recorded a 1.02% weekly uptick to 774.55 points. ... read more
According to the Lebanese Central Bank’s (BDL) new Monetary Overview for 2015, the Lebanese economy has proven to be resilient amid the political and security turbulences locally and regionally. However, ... read more
During the week ending August 25, broad Money M3 dropped LP 46B ($30M) from August 18 to reach LP 191,690B ($127B). As such, M3 recorded a 4.76% annual growth and a 2.73% rise since the start of the year. ... read more
The Beirut Stock Exchange, depicted by the BLOM Stock Index (BSI), witnessed an upturn this week, where the index rose 0.16% to 1,145.49 points. Likewise, market capitalization increased to $9.43B, as ... 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 the Central Bank of Lebanon, Lebanon’s Balance of Payments (BoP) witnessed a deficit increase from $1.32B by July 2015 to $1.42B by July 2016. Net Foreign Assets (NFA) of BDL increased $128M, ... read more
According to Business News, two large corporate deals were sealed. As reported by the agency, Tabourian Group used to own a 51% share in Sannine and is now the full owner through the acquisition of the ... read more
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