On the London Stock Exchange (LSE), two out of the four listed Lebanese GDRs were traded on Thursday. In details, Solidere GDRs fell by 8.12% to end the session at $9.51, following the trade of 7,369 ... read more
The Lebanese Eurobonds market witnessed a growth in demand on Thursday as the BLOM Bond Index (BBI) went up by 0.40% to 103.62 points. The yield on the 5Y Lebanese Eurobonds remained steady at 6.26%, ... read more
At 13:30 Beirut time, the Euro was quoted at €/$ 1.0983, the equivalent of €/LBP 1,655.69, appreciating by 0.24% against the US Dollar. The euro erased today some of its previous losses as traders evaluate ... read more
Lebanon’s trade deficit for the first month of 2016 stood at $1.31B, widening from the $1.09B registered in the same month last year. Total imports grew by 11.50% year-on-year (y-o-y) to $1.49B while ... read more
The board of directors of Bank of Beirut (BoB) invites its shareholders to an extraordinary general assembly at the bank’s headquarters located in downtown Beirut, Foch Street. The meeting will take place ... read more
Bank Audi SAE, operating in Egypt, recorded a 31.85% growth in its net profits to EGP 586.28M (equivalent to $74.86M). This was triggered by the 33.56% and 37.06% increases in net interest income and net ... read more
The Lebanese trade deficit has been narrowing during the past two years, resulting from a faster decline in the value of imports than exports. In 2015, Lebanon recorded a trade deficit of $15.12B, compared ... read more
As part of a defense agreement signed in 2014, Turkey will establish a military base in Qatar. 3,000 ground troops would be stationed at the base as well as air and naval units, military trainers and ... read more
Lebanon ended 2015 with disparate developments on the security and political fronts. Two suicide bombings alarmed the security situation in November. However, 2015 was wrapped with positive expectations ... read more
During the week ending on February 18th, broad Money M3 fell by LP 264B ($175.06M) to reach LP 185,750B ($123.22B). M3 registered a 5.01% yearly growth and a 0.45% year-to-date downtick. Similarly, M1 ... read more
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