Following five years of outstanding performance, the Lebanese economy entered a new era of distress starting 2011, resulting from an internal instability and a political deadlock. The eruption of the ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market increased over the past week as the value of the Lebanese Pound went up from a quote of $/LP 1,510.5-1,514.5 with a mid-price of ... read more
According to Ernst & Young Middle East hotel benchmark survey, Lebanon’s occupancy rate stood 5th at 56% by November (same as Jordan) amongst the MENA countries, ahead of Egypt, Bahrain, and Kuwait, ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Thursday. In details, 241,120 GDRs of BLOM exchanged hands at their previous quote ... read more
As the real estate sector showed improving performance on Thursday, the BLOM Stock Index (BSI) increased by 0.49% to 1,130.56 points. In details, Solidere shares class “A” and “B” went up by 4.17% and ... read more
As 4 out of the 6 traded financial stocks ended in the green today, the Lebanese Bourse saw an improved performance, regaining all of yesterday’s losses. The BLOM Stock Index (BSI) increased by 0.28% on ... read more
According to the latest study conducted by RAMCO Real Estate Advisers, covering 345 residential buildings under construction across Municipal Beirut, the average price of a 1st floor is of $3,720 per SQM. ... read more
The number of construction permits witnessed a yearly plunge of 15.87% to reach its lowest level in 6 years at 7,387 in H1 2015, compared to a higher level of 8,780 in 2014. In this context, the ... read more
In their latest publication, real estate advisers RAMCO, surveyed 346 buildings under construction across Municipal Beirut and revealed the average asking sales prices of apartments on the first floor in ... read more
The number of construction permits lagged behind in Q1 2015 by a yearly 23.23% to its lowest level in 6 years at 3,337 in Q1, compared to 4,347 in 2014. Noting that permits are usually issued at least 6 ... read more
