The BLOM Stock Index (BSI) lost a weekly 3.54% to end the week ending May 17 at 839.58 points. Accordingly, the market capitalization fell from last week’s $8.48B to $8.18B this week. Moreover, the ... read more
Lebanese Forex Market The Lebanese Pound (LP) steadied this week within the range of $/LP 1,514 – 1,514.5 against the dollar, with a mid-price of $/LP 1,514.25. The peg continues to be ... read more
Odeabank, Bank Audi’s Turkish subsidiary, released its financial statements for the first three months of 2019. The bank revealed a net profit of $0.64M, down from $12.07M recorded in Q1 last year. This ... read more
Facing mounting pressures from the current unsustainable debt, international interference as well as weak economic growth, the Lebanese cabinet is discussing a draft austerity budget with hopes of ... read more
The Lebanese ministers acknowledged the urgency of economic reforms by the week ending April 18. The government also announced possible cuts to employee wages and benefits as means of reducing the budget ... read more
As one of the fastest growing economic sectors in Lebanon, the tourism sector continued its upward trend during 2018. Despite a 9-month governmental void and political uncertainty, tourism in Lebanon ... read more
The Rafic Hariri International Airport activity significantly improved, as the total number of passengers increased by a yearly 7.88% to 8.89M, its highest record in more than a decade. In details, both ... read more
The BLOM Stock Index (BSI) regressed by a weekly 0.78% to reach 938.07 points, by the week ending February 22. As such, the market capitalization fell from last week’s $9.21B to $9.14B, this week. In fact, ... 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
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
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