The Lebanese Bourse saw heavy activity today as the BLOM Stock Index (BSI) went up 0.29% 1,191.13 points, broadening its year-to-date gains to 1.79%. In the banking sector, Bank Audi common shares and its ... read more
Transfers to EdL, for the first 3 quarters of 2014, showed an 11.53% year-on-year (y-o-y) drop to $1.49B. This was due to the 10.48% y-o-y decline in payments to fuel oil and gas oil suppliers KPC and ... read more
The 2015 kick-off was a sour one for the Syrian regime as it lost control over two regions just a few days apart: Bosra-el Cham and Idlib. The region of Bosra el Cham, a region in the province of Deraa ... read more
On the 25th of March 2015, the Kingdom of Saudi Arabia led, along with nine other Arab States, the Operation “Decisive Storm” in Yemen. The Kingdom’s military intervention is intended to support the ... read more
Demand for Lebanese Eurobonds remained stable on Friday as the BLOM Bond Index (BBI) lingered at 107.43 points. In addition, the yields on the 5Y and 10Y Lebanese notes persisted at 5.22% and 6.02%, ... read more
The Lebanese Bourse started the week in the red, where all traded stocks experienced a drop in price. This translated into the BLOM Stock Index (BSI) declining by 1.39% to 1,187.73 points, narrowing its ... read more
The Ordinary General Assembly of Byblos Bank’s shareholders S.A.L convened on May 15, 2015 and approved the distribution of LP 161,551M ($107.16M) in gross dividends, constituting 61% of net profit for the ... read more
According to Ernst & Young Middle East hotel benchmark survey, Lebanon registered the largest year-on-year (y-o-y) improvement in its occupancy rate by April, after Egypt. This goes hand in hand with ... read more
In June 2014, oil prices were slashed from a high of $112 to a low of $58 in December 2014. This bearish trend meant different things to the fiscal balances of oil importing countries and to those of oil ... read more
During the week ending April 30th 2015, broad Money M3 surged by LP 1,594B ($1.06B), recording its largest weekly increase in more than three and a half years, to reach LP 179,950B ($119.37B) with a 5.24% ... read more
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