Total real estate transactions (local and foreign transactions) hit a 6 year low by April 2015, plunging by 17.93% year-on-year (y-o-y) to list 17,816 total transactions worth $2.24B, compared to 21,709 ... read more
On May 22nd 2015, all Banque Libano-Francaise preferred shares class “2” were redeemed from Mid-Clear, in accordance with the decision of BLF’s board of directors, dating back to April 21st, 2014. ... read more
Bank Audi S.A.L invites all its common shareholders to attend an Extraordinary General Meeting to be held at 10:30 a.m. on Tuesday June 9, 2015 at the Bank’s Head Office located at Audi Plaza Bab Idriss. ... read more
Construction activity was lackluster by April, as construction permits recorded a 6 year low since 2010 ahead of the rise in regional turbulence. Specifically, the number of real estate permits declined by ... read more
Despite the heavy activity on the Lebanese Bourse this week, the BLOM Stock Index (BSI) registered a weekly decrease of 1.08% to 1,191.57 points, with a 1.82% year-to-date gain. Average daily traded ... read more
Demand for the dollar weakened on the Lebanese Forex market during the week. This was partially due to the increase in capital inflow to the banking sector, which led to an increase in the money supply by ... read more
During the Cabinet meeting on Monday, the first tangible steps were taken to approve 2015’s fiscal balance bill, as each Ministry’s budget was agreed upon. This might have positively affected the Lebanese ... read more
The BLOM Bond Index (BBI) declined by 0.08% to 107.56 points, as demand for Lebanese Eurobonds fell on Thursday. The yields on the 5Y and 10Y went up by 2 basis points (bps) and 1 bp to 5.20% and 6.00%, ... read more
The Beirut Stock Exchange (BSE) remained almost stable, where only two out of ten traded stocks witnessed fluctuation in their price. Accordingly, the BLOM Stock Index (BSI) barely moved by 0.07% downwards ... read more
During the 3-Year Crimean war, 53% of deaths amongst the troops resulted from diseases while 27% died in action and the remaining 20% lost their lives due to their wounds. Thus, efficient healthcare ... read more
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