Lebanon’s Balance of payments (BoP) deficit reached $1.77B by September 2015, the biggest since 2012 and five times higher than the $301.8M deficit recorded a year earlier. The deterioration in the BoP is ... read more
Food and Beverage are deeply embedded in the Lebanese culture. The traditional table of Lebanese mezze nurtured a love for variety, sharing and authenticity amongst the Lebanese people. The successful ... read more
During the 2 weeks ending October 22, 2015, broad Money M3 declined by LP 255B ($169.45M), to reach LP 183,661B ($121.83B) posting a 5.00 % yearly growth and a 3.53% y-t-d uptick. Similarly, M1 dropped by ... read more
Lebanese Forex Market: Demand for the dollar on the Lebanese forex market steadied as the exchange rate remained at $/LP 1,510-1,514 with a mid-price of $/LP 1,512. Foreign assets (excluding gold) of the ... read more
The real estate sector kept weakening the Beirut Stock Exchange (BSE), with the BLOM Stock Index (BSI) dropping 2.01% to end the week at 1,108.49 points. However, the average traded volume and value went ... read more
The Beirut Stock Exchange (BSE) had a poor showing mainly on the back of a weak performance in the banking sector. Accordingly, the BLOM Stock Index (BSI) lost 0.36% on Friday to 1,108.49 points following ... read more
On the London Stock Exchange (LSE), three out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Thursday. In details, 10,000 GDRs of BLOM changed hands and 11,144 of Audi GDRs ... read more
Appetite for Lebanese Eurobonds was lackluster Thursday illustrated by the numerous hikes on the yield. Accordingly, the BLOM Bond Index (BBI) declined by 0.08% to 104.70 points, broadening its ... read more
At 12:30 Beirut time, the Euro was quoted at €/$ 1.0868, the equivalent of €/LBP 1,637.90, depreciating against the US Dollar by 0.15% from Thursday’s close. The Dollar progressed vs the Euro today as ... read more
Rafic Hariri International Airport (RHIA) activity progressed during the first 10 months of 2015, where the total number of passengers increased by 9.93% year-on-year (y-o-y) to 6.12M. The number of ... read more
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