The number of construction permits experienced a yearly plunge of 14.30% to reach its lowest level in 6 years at 8,652 by July 2015, compared to a higher level of 10,096 in 2014. In this context, the ... read more
The newly appointed king Salman reshuffled several power positions in the Kingdom. After Prince Muqrin relinquished the title of crown prince, Muhammad Bin Nayef was appointed to the role. As for the ... read more
The Lebanese Bourse showed a lackluster as four out of the nine traded stocks ended in the red with 133,991 shares traded worth $1.21M on Friday. The BLOM Stock Index (BSI) fell by 0.45% to 1,168.91 ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese Global Depository Receipts (GDRs) traded on Thursday. In details, 24,563 GDRs of BLOM exchanged hands at their previous quote of ... read more
Demand on the Lebanese Eurobonds market weakened illustrated by numerous hikes throughout the yield curve. This was possibly due to the heightening tensions in Syria coupled with local disturbances on the ... read more
At 11:30 Beirut time, the Euro was quoted at $/€ 1.1259, the equivalent of €/LBP 1,697.29, rising by 0.16% from Thursday’s close. The dovish attitude from the last meeting of the Federal Reserve as to when ... read more
According to the Central Administration of Statistics (CAS), the consumer price index (CPI) remained on its downtrend, dropping from 100.77 in July 2014 to 96.89 in July of this year, registering a 3.86% ... read more
The Lebanese Eurobonds market witnessed a fall in demand this week, illustrated by the hikes all along the yield curve. Local disturbance coupled with heightened problems in Syria have held back the BLOM ... read more
The year 2015 still portrayed key problems for Lebanon on the political and economic fronts. Parliamentary sessions for the election of a new President were and, are still, regularly postponed, rendering ... read more
The BLOM Stock Index (BSI) lost 0.49% over the past week to register 1,168.91 points. The average traded volume and value shrank substantially from 215,424 shares worth $3.44M to 93,184 shares worth ... read more
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