Construction activity showed further contraction in 2015 as revealed by the number of permits that witnessed a 9.43% year-on-year (y-o-y) slip to 15,092. In the same context, the construction area ... read more
The Lebanese economy remained in a challenging position in 2015, however some improvements were achieved. Tourism activity reached a four-year high in 2015 with the number of tourist arrivals rising by ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market remained unchanged over the past week as the value of the Lebanese Pound steadied at $/LP 1,513-1,514 with a mid-price of $/LP ... read more
The Beirut Stock Exchange (BSE) recorded positive performance today, with the BLOM Stock Index (BSI) increasing by 0.31% to 1,159.14 points. In the real estate sector, Solidere shares classes “A” and “B” ... read more
Two out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on the London Stock Exchange (LSE) yesterday. BLOM GDRs maintained their positive performance, as they increased by 0.31% ... read more
Demand for Lebanese Eurobonds improved on Thursday, as the BLOM Bond Index (BBI) increased by 0.13% to 102.65 points. The yield on the 5Y Lebanese Eurobonds dropped by 7 basis points (bps) to 6.50%, while ... read more
At 10:25 Beirut time, the Euro was quoted at €/$ 1.1195, the equivalent of €/LBP 1,687.65, depreciating by 0.10% against the US Dollar. After reaching the $1.12-level yesterday, the Euro witnessed a slight ... read more
According to the Ministry of Finance, transfers to EDL reached $787.34M for the first 8 months of 2015, substantially lower than the $1.47B transferred over the same period in 2014. This decline mainly ... read more
During the third week of 2016 ending January 21st, broad Money M3 decreased by LP 116B ($76.69M) to reach LP 185,728B ($123.20B). M3 registered a 5.02% yearly growth and a 0.47% year-to-date downtick. ... read more
The Beirut Stock Exchange saw disparate performance over the week’s five sessions to settle in positive ground by the end of Friday’s session. This could be partly due to the positive vibes stemmed from ... read more
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