With the ongoing presidential vacuum ever present,the economic growth had its toll on Lebanon’s Balance of Payments (BoP) that recorded its largest deficit in 10 years of $850.2M in Q1, compared to a ... read more
The banking and industrial sector lagged this week causing the Beirut Stock Exchange (BSE) performance to decline. In details, the BLOM Stock Index (BSI) recorded a weekly downtick of 0.34% to 1,190.03 ... read more
After it was approved by the Central Council of Banque du Liban, Jammal Trust Bank S.A.L. increased its capital by LBP 5.09B from LBP 70B to LBP 75.09B, on the 4th of May 2015, through the issuance of ... read more
Demand for the dollar remained stable 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 of ... read more
In our time, the term insurance is going beyond the simple definition of protection or guarantee for a particular loss in return for a specific premium. In fact, insurance proved its status as one of the ... read more
BEMO Bank’s board of directors invited its shareholders for an ordinary assembly that will be held at the bank’s headquarters in Riad el Solh, Beirut on May 29, 2015 at 9:00 a.m. The meeting’s agenda will ... read more
Demand for medium and long term Lebanese Eurobonds fell during the week, as it is becoming more apparent that Lebanon is following the tide of global investor hesitance in the bond market. This translated ... read more
The Lebanese Bourse ended Friday’s trading session with the same 0.23% decline as the previous session to 1,190.03 points and recorded a 1.69% year-to-date increase. In the real-estate sector, Solidere ... read more
To promote the Lebanese economy and generate new job opportunities, Lebanon’s central bank, Banque du Liban (BdL), has been offering low cost incentives to the private sector through banks. In 2013, BdL ... read more
Rafic Hariri International Airport (RHIA) activity improved during the first 4 months of 2015, where the total number of passengers increased by 9.61% year-on-year (y-o-y) to 1.97M. The number of arrivals ... read more
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