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
Bank Audi s.a.l. – Audi Saradar Group invites all common shareholders to attend an Extraordinary General Meeting to be held at 10:30 am on Tuesday September 23, 2014 at the Bank’s Head Office located at ... read more
According to the Association of Car Importers in Lebanon (AIA), there was a 5.32% increase in the number of registered new passenger and commercial cars, reaching 26,901 vehicles by August, compared to the ... read more
According to the Ministry of Finance, Lebanon’s fiscal deficit widened by 7.33% year-on-year (y-o-y) to reach $840.01M in the first quarter (Q1) of 2014. This came as a result of 8.58% y-o-y growth in ... read more
The consolidated balance sheet of commercial banks revealed a 2.98% year-to-date (y-t-d) growth in total assets to $169.74B by July, and a gain of 7.56% year-on-year. Reserves, grasping a share of 35.00% ... read more
Lebanon’s Balance of Payments (BoP) recorded a surplus of $131.0M in the first seven months of 2014, compared to a deficit of $957.2M in the same period the prior year, despite the widening trade deficit. ... read more
Kafalat issued 78 guarantees in August 2014, surging up by 41.82% from 55 guarantees in the same month of 2013. The value of loans guaranteed by Kafalat totaled $11.05M in August 2014, up from $6.97M in ... read more
Port of Beirut (PoB) revenues dropped by 2.78% year-on-year (y-o-y) to settle at $141.67M, by August 2014. Imported cars decreased by 2.06%, during the stated period, to 59,897 cars. Likewise, the number ... read more
A new hospital, Family Medical Center (FMC), will officially open late September in Zgharta. FMC is a 12,500 sqm center consisting of 5 floors and 120 beds and is entirely furnished by high-tech medical ... read more
Ernst and Young’s Hotel Benchmark Survey revealed that Beirut’s hotel occupancy rate declined by 4 percentage points (pp) year-on-year to reach 36% in July 2014, recording a six-month low. This came as a ... read more
The BLOM Lebanon PMI dropped from 47.9 in July to 45.5 in August, indicating a faster rate of contraction. August’s PMI recorded a six-month low, due to the security issues which hit demand and new orders, ... read more
Disclaimer The content of this blog is for information purposes only. The information herein has been compiled from, or based upon sources we believe to be reliable, but we do not guarantee or accept responsibility for its completeness or accuracy. This document should not be construed as a solicitation to take part in any investment, or as constituting any representation or warranty on our part. The consequences of any action taken on the basis of information contained herein are solely the responsibility of the recipient.
