Home » LEBANON BRIEF » Issue October 2017 » Issue October 2017 - Week 3
Rymco’s board of directors invited its shareholders to attend an ordinary General Assembly at the company’s headquarters in Chiah at 10 o’clock on Friday the 17th of November 2017. On the board’s agenda, ... read more
According to the Lebanese Customs, trade activity at Lebanon’s main customs offices slipped by August 2017, compared to the same period in 2016. In fact, total imports’ value fell by a yearly 1.58% to ... read more
Lebanon’s trade deficit narrowed by 1.28% year-on-year (y-o-y) to reach $10.69B by August 2017. In fact, total imports dropped by a yearly 1.58% to $12.59B by August 2017 while exports slid by a yearly ... read more
Data from the Lebanese Cadastre Registry indicated that the number of real estate (R.E) transactions rose by 13.66% year-on-year (y-o-y) to reach 67,805 transactions by September 2017. Accordingly, the ... read more
According to the latest data published by Lebanon’s Ministry of Finance (MoF), Personnel costs increased by a yearly 4%, to reach $4.40B by November 2016. In fact, the growth in public wages was mainly ... read more
According to the balance sheet of the Lebanese Central Bank (BdL), total assets rose by 14.85% year-to-date (y-t-d) to reach $117.52B in mid-October. In details, Foreign assets (constituting 37.02% of ... read more
During the week of 29 – 5 October 2017, Broad Money (M3) rose by a weekly LBP 766B ($508M) to reach LBP 208,981B ($138.63B). In addition, M3 grew by 7.42% on a year-on-year basis and a similar 7.42% ... read more
Lebanese Forex Market Demand for the Lebanese Pound steadied over the past week on the Lebanese forex market with the value of the Lebanese Pound trading within the range of $/LP 1,513.75-1,514.25 with a ... read more
The BLOM Stock Index (BSI) rose by a weekly 0.06% to 1,155.46 points this Friday. During the week an average of 151,761 shares worth $1.57M were traded compared to an average of 170,306 shares worth $1.67M ... read more
Over the past week, the BLOM Bond Index (BBI) marginally slipped by 0.15%, to end the week at 103.59 points. Meanwhile, the JP Morgan Emerging Markets’ Bond Index (EMBI) incrementally rose by 0.22%, to end ... read more
A version of this article appeared in the print edition of The Daily Star on October 19, 2017, on page 4. Economic growth in Lebanon has long been associated with growth in real estate, construction and ... read more