The number of total real estate transactions (local and foreign transactions) stood at 33,796 in the first seven months of the year, with a 12.65% y-o-y (year-on-year) drop from 38,691 by during the same ... read more
During the week ending August 13, 2015, broad Money M3 increased by LP 220B ($145.63M), to reach LP 182,09B ($120.79B) posting a 4.49% yearly growth and a 2.65% y-t-d uptick. In contrast, M1 decreased by ... read more
Amidst the continued Chinese Stock market crash and the shaky local political scene, the Lebanese Bourse followed the global bearish equity trend. In details, the BLOM Stock Index (BSI) dropped by a weekly ... read more
The Lebanese Eurobonds market witnessed a slight downturn this week as shown by the 1.01% drop in the BLOM Bond Index (BBI) to 105.72 points. The JP Morgan Emerging Markets’ Bond Index did not outperform ... read more
Lebanese Forex Market: Demand for the dollar in the Lebanese Forex market strengthened during the week as the Lebanese pound depreciated against the dollar from $/LP 1,503–1,507 with a mid-price of $/LP ... read more
According to Rymco’s June balance sheet, the company’s total assets grew by 17% year-on-year to $160.49M while total shareholders’ equity edged up by 1% year-on-year to $50.15M. Rymco’s net income ... read more
According to the financial statements of Bank Audi’s Egyptian subsidiary, net profit surged by 31.47% year-on-year to reach $38.67M. Higher profits came about as net interest income grew from $50.22M at ... read more
After the 15-year civil war that Lebanon endured, plans were put in place to alleviate the wounds of the war. Solid Waste Management (SWM) was one of the priorities of the Lebanese government. SWM ... read more
According to a statement released by the Beirut Stock Exchange, MENA Invest has been scratched off the list of Brokers. This decision came about after the Central Bank of Lebanon announced it has removed ... read more
The Lebanese Bourse experienced a minor recovery from yesterday’s negative performance and yet its activity was still timid as 49,434 shares were only traded. The BLOM Stock Index (BSI) ticked up by 0.04% ... read more
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