The consolidated financial statements of Byblos Bank revealed a 3.09% year-on-year (y-o-y) drop in profits to $27.85M in the first quarter of 2018 (Q1 2018). The drop in profits is mainly attributed to the ... read more
2017 was a politically charged year for Turkey. On one hand, the tumult on the Turkish political scene started back in July 2016 after a failed coup attempt to topple the government of President Erdogan; ... read more
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
According to the Ministry of Finance, transfers to EDL reached $1.33B by the end of 2017, substantially higher than the $927M transferred over the same period in 2016. This decline mainly resulted from the ... read more
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
According to Global Blue, tourist spending in Lebanon rose by a yearly 1.57% in Q1 2018, compared to Q1 2017. This increase is mainly attributed to the 2.97% yearly rise in tourist arrivals by February ... read more
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
According to the Central Administration of Statistics (CAS), Lebanon’s average inflation rate rose by 5.36% y-o-y, compared to an average inflation rate of 4.77% recorded by March 2018. The average costs ... read more
The Lebanese healthcare system is being overstretched due to the increasing number of Syrian refugees seeking treatment in the country, as well as, the distorted healthcare insurances’ system. The system ... read more
Lebanese Forex Market The Lebanese Pound traded within the range of $/LP 1,513.75 -1,514.25 against the dollar with a mid-price of $/LP 1,514, as it did in the previous two weeks. The peg continues ... read more
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