Contraction of the Lebanese private economy fastened during the fourth month of 2016 with the Purchasing Managers’ Index (PMI), sponsored by BLOMINVEST Bank and compiled by Markit, registering a ... read more
Egypt inaugurated 2016 with a bunch of new economic decisions and international deals topped by the Central Bank of Egypt’s (CBE) new monetary measures. As a matter of fact, the lack of net foreign ... read more
The Beirut Stock Exchange (BSE) underwent a week of profit taking on Audi stocks, sending the BLOM Stock Index (BSI) 0.98% lower following five weeks of improving performance. Accordingly, the index ended ... read more
At 15:00 Beirut time, the Euro was quoted at €/$ 1.1155, the equivalent of €/LBP 1,681.62, depreciating by 0.24% against the US Dollar. The dollar went up against the European currency as a possible ... read more
Bank Audi’s Turkish subsidiary, ODEA Bank, announced its results for the year 2015. The Bank’s financial statements revealed a surge in its net profits from $121,000 in 2014 to $17.60M in 2015. This was ... read more
The operating conditions of the private sector kept on deteriorating during the first month of 2016, however the rate of contraction seemed to be slowing. In fact, the BLOM PMI hovered close to neutrality ... read more
The economic outlook of MENA countries remained gloomy during the third quarter of 2015 due to low oil prices and intensifying conflicts in many parts of the region. Economies of oil-exporting countries ... read more
Kindly find below a link to the article written by Mr. Marwan Mikhael, head of research department at BLOMINVEST Bank, for the EUROMONEY’s Global Banking & Financial Policy Review 2015/2016: ... read more
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