According to Lebanon’s Ministry of Finance (MoF), personnel costs decreased annually 5.5% to reach $2.54B at the official rate 1507.5. The decrease in public salaries was driven by the large drop 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
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels reached 37% by June 2021, up from last year’s registered 17% during the same period. ... read more
By Invitation: Dr Azar is Full Professor, Faculty of Business Administration and Economics, Haigazian University. The views expressed in this note are his and do not necessarily reflect the views of ... read more
BDL’s latest statistics on money supply revealed that Broad Money (M3) increased by LBP 393B ($261M) to stand at LBP 199,668B ($132.45 B) by the week ending September 30, 2021. As such, on an annual basis, ... read more
During the month of October, the majority of politicians voted for election next March 2022 despite the president’s office refusal of holding the parliamentary elections around two months ahead of ... read more
Byblos Bank published on 30 October 2021 its un-audited financial results for End-September 2021. As expected, the results were impacted by the current crisis affecting the Lebanese economy and financial ... read more
BLOM Bank published on 30/10/2021 its un-audited, consolidated financial results for Q3 2021. The results obtained were largely affected by the impact of the financial and economic crisis that has struck ... read more
29/10/2021 22/10/2021 % Change BLOM Stock Index 999.324 1,000.974 -0.16% Average Traded Volume 44,164 109,539 -59.68% Average Traded Value 788,965 ... read more
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