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
Rafic Hariri International Airport (RHIA) activity progressed during the first 10 months of 2014, where the total number of passengers increased by 4.15% year-on-year (y-o-y) to 5.57M. The number of ... read more
The Central Administration of Statistics (CAS) released the Lebanese National Accounts Reports for 2012-2013, where Real GDP is predicted to have grown by 3% in 2013, compared to 2.8% in 2012 and a revised ... read more
The Extraordinary General Meeting of shareholders of Bank Audi resolved to increase the bank’s capital from LBP 525,769,215,996 to LBP 667,836,186,600, i.e. by an amount of LBP 142,066,970,604 through the ... read more
The board of directors of Bank of Beirut invites its shareholders to an extraordinary general assembly at the bank’s headquarters located in downtown Beirut, Foch Street. The meeting will take place on the ... read more
After it was approved by the Central Council of Banque du Liban, Banque de l’Habitat boosted its capital from LBP 50B to LBP 100B by increasing the nominal value of the bank’s shares on December 3rd, ... read more
According to the World Bank, the private sector in Lebanon failed in generating enough jobs to take in the expanding labor force. This drove a rise in unemployment, particularly among young people and ... read more
Given that Lebanese new passenger car sales inched up by 8.0% year-on-year over the first 10 months of 2014, to stand at 32,084 cars by October, Business Monitor International (BMI) expects passenger car ... read more
The Central Bank’s (BDL) balance sheet revealed a 0.71% monthly rise in total assets to stand at $86.82B by end of November, 2014. The bank’s foreign assets ticked down by 0.37% to $38.73B, and loans to ... read more
Transfers to EdL for the first five months of 2014 revealed a 19% year-on-year (y-o-y) decline to $707.80M. This drop was primarily due to the 17% y-o-y decrease in payments to fuel oil and gas oil ... read more
Bank Audi S.A.E, the bank’s Egyptian subsidiary, recorded an 11.23% year-on-year (y-o-y) increase in net profit to $46.07M by the third quarter of 2014. The 22.41% jump in administrative expenses to ... read more
