According to the Ministry of Finance (MoF), the item “Salaries, Wages and Related Benefits” of government spending, which mainly includes the cost of basic salaries, allowances and indemnities, increased ... read more
Banque Misr-Liban (BML) S.A.L held a general assembly on April 24, 2015 in which it was decided to increase its capital by $13.27M to $79.60M by raising the nominal value of each share from $0.83 to $1/ ... read more
During the week ending June 11 2015, broad Money M3 decreased by LP 229B ($152.07M), to reach LP 181,191B ($120.19B) with a 5.16% yearly growth and a 2.14% y-t-d uptick. Similarly, M1 went down by LP 90B ... read more
Demand for Lebanese Eurobonds lagged during the past week partially due to the ongoing Holy month of Ramadan. Accordingly, the BLOM Bond Index (BBI) went down by a weekly 0.07% to 107.11 points. In ... read more
Cascada village, extending over 200,000 square meters of built-up area with an investment of around $200M, announced the starting of the construction phase of its 4,800 square meter medical center, Cascada ... read more
Transfers to EdL for the first 10 months of 2014 showed a 9.3% year-on-year (y-o-y) drop to $1.63B. This was mainly due to the fact that international prices of oil fell by a yearly average of 0.05% by, ... read more
Here is an interesting link to an article entitled “Breaking Greece” posted by Mr. Paul Krugman, the American economist, on its New York Times blog: ... read more
The Lebanese Bourse experienced a slight improvement in its trading performance today. In fact, the BLOM Stock Index (BSI) went up by 0.02% to 1,189.51 points, broadening its year-to-date gains to ... read more
Demand for medium-term Lebanese Eurobonds improved on Tuesday, as the BLOM Bond Index (BBI) increased by 0.03% to 107.13 points. The yield on the 10Y Lebanese Eurobonds steadied at 6.06% while that of the ... read more
Despite some negative political and security developments in Lebanon during 2014, according to UNCTAD’s annual World Investment Report, Lebanon’s Foreign Direct Investment (FDI) inflows grew by 6.6% ... read more
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