The Lebanese Bourse recovered from a lackluster performance a week ago, where the BLOM Stock Index (BSI) registered a weekly increase of 1.22%% to 1,204.52 points, broadening its year-to-date gain to ... read more
In its annual Travel and Tourism Competitiveness (TTC) 2013-2014 report, published under the theme “Growth through Shocks”, the World Economic Forum ranked Lebanon 94th globally (Spain being 1st) out of ... read more
In its concluding statement of the 2015 Article IV mission, the International Monetary Fund (IMF) stated that the indolent policy along with the continued presence of refugees weigh heavily on the Lebanese ... read more
Demand for the dollar remained stagnant on the Lebanese Forex market during the week, as shown by the Lebanese pound’s peg against the dollar, which maintained a quote of $/LP 1,510-1,514 with a mid-price ... read more
There was some demand for medium and long term Lebanese Eurobonds this week following the poor performance of last week. However, the BLOM Bond Index (BBI) barely increased by a weekly 0.05% to 107.43 ... read more
The BLOM Bond Index (BBI) inched up 0.02% to 107.43 points, as the demand for short-term Lebanese Eurobonds improved on Thursday. The yields on the 5Y and 10Y Lebanese notes remained at 5.22% and 6.02%, ... read more
The Beirut Stock Exchange continued its recent rally to end the week on a positive note. The BLOM Stock Index (BSI) increased by 0.23% to 1,204.52 points on Friday, broadening its year-to-date gains to ... read more
The slowdown in economic activity had its toll on new projects guaranteed by Kafalat, as the number of guarantees given by Kafalat dropped in the first 4 months of 2015. Kafalat issued 180 guarantees worth ... read more
After its Annual Ordinary General Assembly, held on the 12th of May 2015, BLC Bank declared dividend distribution as follows: $7/share for holders of preferred shares classes “A” and “B”, $6.75/shares for ... read more
Port of Beirut (PoB) experienced exceptional activity in the month of April as receipts surged by 10.50% year-on-year (y-o-y) to $21.47M (record high in a single month for the last 5 years). This might be ... read more
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