During yesterday’s trading session on the London Stock Exchange (LSE), two out of the four Lebanese GDRs were traded. In details, Audi GDRs dropped by 0.66% to $6.06 following the trade of 50,392 shares ... read more
The BLOM Bond Index (BBI) fell by 0.03% to 103.55 points on Thursday as demand for short and long term Lebanese Eurobonds decreased. The yield on the 5Y Lebanese Eurobonds remained unchanged at 6.26%, ... read more
At 12:54 Beirut time, the Euro was quoted at €/$ 1.1272, the equivalent of €/LBP 1,699.25, depreciating by 0.42% against the US Dollar. The euro declined against the dollar after officials from the ... read more
According to Ernst & Young Middle East hotel benchmark survey, Lebanon’s hotel occupancy rate registered 55% by February 2016, up from 53% by February 2015. Among the MENA countries, Lebanon ranked ... read more
Following the extraordinary general assembly’s approval on the 16th of February, Middle East & Africa Bank S.A.L increased its capital from LBP156B (equivalent to $103.48M) to LBP186B (equivalent to ... read more
For many workers in the Lebanese private sector, reaching retirement age entails confronting an ambiguous future with inadequate access to social protection. This yields a large section of the population ... read more
The BLOM Stock Index (BSI) ended today’s session with a 0.17% increase to reach 1,159.70 points. In the real estate sector, Solidere shares class A and B gained 0.10% and 3.37% to close at $9.68 and $9.82, ... read more
During yesterday’s trading session on the London Stock Exchange (LSE), two Lebanese GDRs saw a change in their share price. In details, Audi GDRs added 1.16% to $6.10 following the trade of 20,000 shares ... read more
At 15:00 Beirut time, the Euro was quoted at €/$ 1.1311, the equivalent of €/LBP 1,705.13, appreciating by 0.79% against the US Dollar. The euro went up against the dollar today as the latter fell after ... read more
According to the Association of Banks in Lebanon (ABL), the Lebanese gross public debt reached $70.62B in January 2016, a 6.08% year-on-year (y-o-y) increase and a 0.43% uptick from that of December 2015. ... read more
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