According to Enst & Young Middle East hotel benchmark survey, Lebanon recorded the largest year on year (y-o-y) improvement in its occupancy rate, after Egypt. Lebanon’s occupancy rate progressed 13 ... read more
ODEABANK, Bank Audi’s Turkish subsidiary, recorded a year end net profit of $132,443 in 2014 compared to a net loss of $52.31M witnessed in 2013. In details, interest income surged by 143.30% year-on-year ... read more
Wednesday’s trading session closed on marginal uptick in the Lebanese Eurobonds market, as the BLOM Bond Index (BBI) edged up by 0.02% to 106.47 points. The yields on the 5Y and 10Y Lebanese Eurobonds ... read more
The Beirut Stock Exchange (BSE) closed the session in the red mainly due to the poor performance of the banking sector. On that note, the BLOM Stock Index (BSI) down ticked 0.74% to hit 1,222.27 points. ... read more
Insurance companies in Lebanon recorded a 5.3% yearly growth in the number of non-life insurance premiums during 2014, according to Al Bayan Economic Magazine. The exclusive report showed that even though ... read more
Tuesday’s trading session closed on a negative note in the Lebanese Eurobonds market following a dwindling demand for medium and short term maturities. This was translated in the BLOM Bond Index (BBI) ... read more
Even though trading was seen frailer today, the Beirut Stock Exchange (BSE) ended the session in the green. In details, the BLOM Stock Index (BSI) rose 0.20% to hit a 9-month high at 1,231.34 points, ... read more
Total real estate transactions (local and foreign transactions) hit a 6 year low by February 2015, declining 26.73% year-on-year (y-o-y) to list 7,531 total transactions worth $1.00B. Following a partial ... read more
The Lebanese Eurobonds market experienced a 0.05% uptick from the previous session, as the BLOM Bond Index (BBI) settled at 106.51 points. Moving hand in hand with the increase in demand for Lebanese ... read more
Low levels of trading kept on characterizing the Beirut Stock Exchange (BSE) Tuesday with total volume of traded shares barely inching up by 7.9% to 68,593 shares worth $655,228. In fact, the BLOM Stock ... read more
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