As per BusinessNews, Saradar Group announced that it has acquired 51% of Assurex SAL, a Lebanese insurance company owned by the Fattal Group which will remain a shareholder with a 49% stake. The deal that ... 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 bank of Lebanon, Cement deliveries declined by an annual 5.30% by November 2018 to stand at 4.47M tons. In fact, the number of construction permits also decreased by a yearly ... read more
In the week ending February 07th 2019, Broad Money (M3) fell by a weekly LBP 502B ($333M) to stand at LBP 209,160B ($138.75B), declining 0.04% year-on-year (y-o-y) and 1.40% since the start of the year. In ... read more
Lebanon’s economy is heavily based on consumption and since the main supply-side sectors of the economy such as real estate, trade, and public administration do not produce the consumption goods in demand, ... read more
In the week ending January 31st 2019, Broad Money (M3) rose by a weekly LBP 276B ($183M) to stand at LBP 209,662B ($139B), adding 0.33% year-on-year (y-o-y) and decreasing by 1.16% since the start of the ... read more
The BLOM Bond Index (BBI) concluded the week declining by an incremental 0.13%, to stand at 92.77 points as investors cashed out their gains from previous week and are awaiting the next steps that will be ... read more
The BLOM Bond Index (BBI) concluded the week rising by an incremental 0.31%, to stand at 92.89 points. As such, the BBI outperformed the JP Morgan Emerging Markets’ Bond Index (EMBI) which increased by ... read more
In the week ending January 24th 2019, Broad Money (M3) fell by a weekly LBP 642B ($426M) to stand at LBP 209,386B ($138.90B), adding 0.20% year-on-year (y-o-y) and decreasing by 1.29% since the start of ... 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
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