The consolidated balance sheet of Lebanon’s commercial banks revealed a 0.90% progress in assets from December 2015’s level of $185.99B to $187.66B in the first quarter of 2016, reflecting a 6.05% ... read more
Weak oil prices and political climate continued to dictate economic performance in the MENA region during the first quarter of 2016. Despite the slight year-to-date uptick in oil prices, oil exporting ... read more
The Beirut Stock Exchange (BSE) showed a positive performance in the first session of the week, as the BLOM Stock Index (BSI) added 0.27% to 1,154.92 points following the trade of 61,384 shares worth ... read more
During Friday’s trading session on the London Stock Exchange (LSE), only one out of the four listed Lebanese GDRs was traded. In details, BLOM’s GDR kept their previous closing price of $10.30 after the ... read more
Demand for Lebanese Eurobonds marginally improved on Friday as reflected by the BLOM Bond Index (BBI) which registered a reading of 103.88 points, increasing by 0.02% from its previous level. The yield on ... read more
At 10:15 Beirut time, the Euro was quoted at €/$ 1.1386, the equivalent of €/LBP 1,716.44, depreciating by 0.17% against the US Dollar. The dollar gained momentum against the euro today in spite of frail ... read more
Rafic Hariri International Airport (RHIA) activity improved during the fourth month of this year, as the total number of passengers increased by a yearly 10.76% to 2.19M. In details, the number of ... read more
To boost its private sector and ease the pressure on the fiscal balance caused by low oil prices, Qatar targets to implement a public-private partnership (PPP) law, by the end of 2016. Qatar has previously ... read more
Amid a continuing political stalemate, with around 21-month of political vacuum, most of Lebanon’s economic indicators recuperated from the low levels reached in the previous years. However, the ... read more
On the ground, Syrian government forces took back the historic city of Palmyra in March after it was seized by IS militants back in May 2015. On the diplomatic front, the Geneva peace talks were anything ... read more
The Beirut Stock Exchange (BSE) witnessed a negative performance on Friday, as the BLOM Stock Index (BSI) dropped 0.25% to 1,151.76 points following the trade of 197,224 shares worth $1.53M. In the real ... read more
During yesterday’s trading session on the London Stock Exchange (LSE), two out of the four listed Lebanese GDRs ended in the green. In details, BLOM’s GDR shares added 0.49% to $10.30 after the trade of ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here