The board of directors of Bank of Beirut (BoB) invites its shareholders to an extraordinary general assembly at the bank’s headquarters located in downtown Beirut, Foch Street. The meeting will take place ... read more
Bank Audi SAE, operating in Egypt, recorded a 31.85% growth in its net profits to EGP 586.28M (equivalent to $74.86M). This was triggered by the 33.56% and 37.06% increases in net interest income and net ... read more
The Lebanese trade deficit has been narrowing during the past two years, resulting from a faster decline in the value of imports than exports. In 2015, Lebanon recorded a trade deficit of $15.12B, compared ... read more
Lebanon ended 2015 with disparate developments on the security and political fronts. Two suicide bombings alarmed the security situation in November. However, 2015 was wrapped with positive expectations ... read more
During the week ending on February 18th, broad Money M3 fell by LP 264B ($175.06M) to reach LP 185,750B ($123.22B). M3 registered a 5.01% yearly growth and a 0.45% year-to-date downtick. Similarly, M1 ... read more
The Beirut Stock Exchange (BSE) witnessed a positive performance today as the BLOM Stock Index (BSI) inched up by 0.11% to reach 1,150.17 points. In the banking sector, the listed shares of Byblos went up ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese GDRs were traded on Wednesday. In details, BLOM GDRs went up by 1.01% to end the session at $10.00, following the trade of 80,000 ... read more
The Lebanese Eurobonds market witnessed a fading demand on Wednesday as the BLOM Bond Index (BBI) dropped by 0.24% to 103.21 points. The yield on the 5Y Lebanese Eurobonds fell by 6 basis points (bps) to ... read more
At 15:30 Beirut time, the Euro was quoted at €/$ 1.0898, the equivalent of €/LBP 1,642.87, appreciating by 0.29% against the US Dollar. However, the euro might not be able to sustain its gains if the ... read more
Following a decelerating contraction the private sector economy during the first month of the year, the business conditions at Lebanon’s private sector companies revealed another collapse in February. In ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here