In December, Britain and Germany joined the fight against IS in Syria after the deadly attacks in Paris. Internally, the regime took back Homs, the “capital of the revolution” and Syria’s third largest ... read more
Saudi Arabia continued to be involved in the issues of its neighboring Middle Eastern countries. In December, the Kingdom decided on an $8B investment in Egypt while Egypt is set on renewing a deal to ... read more
The Beirut Stock Exchange (BSE) witnessed a positive performance today as the BLOM Stock Index (BSI) inched up by 0.11% to reach 1,150.17 points. In the banking sector, the listed shares of Byblos went up ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese GDRs were traded on Wednesday. In details, BLOM GDRs went up by 1.01% to end the session at $10.00, following the trade of 80,000 ... read more
The Lebanese Eurobonds market witnessed a fading demand on Wednesday as the BLOM Bond Index (BBI) dropped by 0.24% to 103.21 points. The yield on the 5Y Lebanese Eurobonds fell by 6 basis points (bps) to ... read more
At 15:30 Beirut time, the Euro was quoted at €/$ 1.0898, the equivalent of €/LBP 1,642.87, appreciating by 0.29% against the US Dollar. However, the euro might not be able to sustain its gains if the ... read more
Following a decelerating contraction the private sector economy during the first month of the year, the business conditions at Lebanon’s private sector companies revealed another collapse in February. In ... read more
It was a busy last quarter in Egypt at all levels. The country completed the parliamentary elections between October and December 2015, thus concluding the 3rd and final step of its political roadmap. ... read more
The Beirut Stock Exchange (BSE) witnessed a negative performance today as the BLOM Stock Index (BSI) decreased by 0.69% to reach 1,148.93 points. In the banking sector, the listed shares of Audi and Audi ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese GDRs were traded on Tuesday. In details, BLOM GDRs went up by 0.51% to end the session at $9.90, following the trade of 18,120 shares ... read more
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