At 13:51 am Beirut time, the Euro was quoted at €/$ 1.1333, the equivalent of €/LBP 1,708.45, depreciating by 0.28% against the US Dollar. The euro’s drop could be linked to Germany’s disappointing factory ... read more
Lebanon’s Balance of Payments (BoP) revealed a deficit of $899.1M in the first four months of 2016, compared to a deficit of $714.2M in the same period last year. The widening deficit is the result of a ... read more
Today, the market for grain importers and distributors is a well-established one. Each market player benefits from its own competitive advantage, its loyal clientele and its own well-built reputation. ... read more
Demand for the Lebanese Eurobonds fell over the past week, as reflected by the BLOM Bond Index (BBI) which lost 0.17% to reach 104.06 points. The BBI was outperformed by the JP Morgan Emerging Markets’ ... read more
The Alpha Group’s[1] total assets sustained their healthy growth in the first quarter of 2016 (Q1 2016). According to Bank Data, the Alpha Group’s total assets rose by 4.9% year-on-year to $203.49B. As ... read more
When talking about wheat, the angles can vary from matters as serious as food security to matters as delicious as bread and pastries. Here are the angles tackled in this report: Lebanon is an importer ... read more
On the ground, Syrian government forces took back the historic city of Palmyra in March after it was seized by IS militants back in May 2015. On the diplomatic front, the Geneva peace talks were anything ... read more
The Lebanese Eurobonds saw an improvement over the past week as revealed by the BLOM Bond Index (BBI) which increased by 0.09% to reach 103.87 points. The positive performance of the Lebanese gauge was ... read more
At the onset of 2016, rivalry between the Sunni-kingdom of Saudi Arabia and the Shiite-Iran was heated. In January 2016, Saudi Arabia executed 47 people accused of terrorism, amongst them was Sheikh Nimr ... read more
The un-audited financial results of the three largest listed Lebanese banks (BLOM, Audi, and Byblos) for 2016 show that they have maintained their sustainable profitability, despite the continuing ... read more
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