According to the Ministry of Finance, transfers to EDL slightly increased by 3.4% to $212M by February 2018. This rise mainly resulted from the increase in payments to fuel and oil gas suppliers KPC and ... 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 Administration of Statistics (CAS), Lebanon’s average inflation rate rose by 6.23% by July 2018 compared to the same period last year. The average costs of “Housing and ... 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 Income Statement of Bank Audi’s Egyptian subsidiary, net profit for H1 2018 increased from $23.70M to $36.37M. The rise can be mainly attributed to the plunge in other operating expenses ... read more
The culprits for the slump in the automobile market have been the same since 2011. The AIA’s accompanying note with the monthly statistics still attributes the market’s slump to the same factors: a weak ... read more
The BLOM Stock Index (BSI) declined by a weekly 1.04% to reach 1,012.37 points by the week ending August 17th. The market capitalization declined from last week’s $9.94B to $9.84B this week. On average, ... read more
The Lebanese Pound traded within the range of $/LP 1,514-1,514.5 against the dollar with a mid-price of $/LP 1,514.25 by the week ending Aug. 10th, at the same range as last week.Lebanese Forex Market 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
According to the latest report published by Ernst & Young, Beirut’s hotel occupancy fell to 58.9% during the first half of 2018, compared to 61.9% registered during the same period last year. In ... read more
Lebanon’s BLOM Bond Index (BBI) decreased this week, by 1.47% to reach 90.25 points mainly due to the political deadlock regarding the government’s formation. As such, the 5 year (5Y) and 10Y Lebanese ... read more
During the week ending on August 2, Broad Money (M3) increased by a weekly LBP 486B ($322M) to reach LBP 211,658B ($140B). On a yearly basis, M3 added 1.69% and rose by 1.71% since the start of the year. ... read more
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