During the week ending August 6 2015, broad Money M3 decreased by LP 116B ($76.74M), to reach LP 181,871B ($120.64B) with a 4.37% yearly growth and a 2.52% y-t-d uptick. Similarly, M1 decreased by LP 74B ... read more
Lebanese Forex Market: Demand for the dollar in the Lebanese Forex market weakened during the week as the Lebanese pound appreciated against the dollar from $/LP 1,504–1,508 with a mid-price of $/LP 1,506 ... read more
Already overwhelmed by criticism, Qatar’s right to host the 2022 World Cup faced its biggest challenge following the arrest of several FIFA executives and the criminal proceedings in Switzerland. However, ... read more
According to the latest study conducted by RAMCO Real Estate Advisers, covering 345 residential buildings under construction across Municipal Beirut, the average price of a 1st floor is of $3,720 per SQM. ... read more
Bank Audi S.A.L invites all its common shareholders to attend an Extraordinary General Meeting to be held at 10:30 a.m. on Tuesday September 8, 2015 at the Bank’s Head Office located at Audi Plaza Bab ... read more
Mega projects kept on labeling the United Arab Emirates’ strategy to establish itself as a regional financial center and a hub for transport, tourism and trade. In fact, Dubai, being the host of the World ... read more
Lebanon recorded its longest presidential deadlock since independence with more than a year without a president of the republic. Yet, the security situation remained stable, despite few clashes on the ... read more
Trading activity on the Beirut Stock Exchange (BSE) improved as 176,491 shares were traded worth $2.01M compared to 79,301 shares traded worth $782,946 on Wednesday. The BLOM Stock Index (BSI) went up by ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese Global Depository Receipts (GDRs) traded on Wednesday. In details, GDRs of Audi gained 0.68% to close the session at $5.95 with 286 ... read more
On the Lebanese Eurobonds market, demand remained relatively unchanged as the BLOM Bond Index (BBI) down ticked by a marginal 0.001% to 107.208 points on Wednesday. The yields on the 5Y and 10Y Lebanese ... read more
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