Saudi Arabia’s new crown prince, Mohammad Bin Salman, dubbed “MBS”, made headlines in 2017. MBS’s arrival to power is in itself a controversial shakeup; in fact, it was Mohammad bin Nayef and not MBS who ... read more
Children are the future; that future will only be bright thanks to a solid education. In Lebanon, a country where figures are rare, the Center for Educational Research and Development (CERD) regularly ... read more
According to Kafalat, the number of issued loan guarantees stood at 75 guarantees by February 2018, compared to 96 guarantees issued in the same period last year. The overall value of the guarantees also ... 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
The BLOM Stock Index (BSI) lost 0.42% in the past week, to stand at 1,168.46 points on March 02, 2018. Accordingly, the market capitalization fell from $11.57B last week to $11.52B, this week. In fact, an ... read more
Bank Audi released the financial statements of its Turkish subsidiary Odeabank which showed an increase in net profit from $52.59 million in 2016 to $84.14 million in 2017. In fact, the net interest income ... 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
Confidence: the underlying driver behind every market’s boom or bust. Currencies are no strangers to this concept; pegged or free-floating, a strong currency is one that has a vote of confidence. In ... read more
In line with global bond markets, Lebanese bonds denominated in foreign currencies impacted by a stronger than expected consumer prices data. As a matter of fact, the BLOM Bond Index (BBI) ended the week ... 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, the same as last week. The peg continues to be supported by ... read more
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