Following the extraordinary general assembly’s approval on the 16th of February, Middle East & Africa Bank S.A.L increased its capital from LBP156B (equivalent to $103.48M) to LBP186B (equivalent to ... read more
The measures adopted by the Central Bank of Egypt (CBE) during the previous 3 years to curtail capital flows, were having negative impact on exports, new foreign investments, and even existing ... read more
For many workers in the Lebanese private sector, reaching retirement age entails confronting an ambiguous future with inadequate access to social protection. This yields a large section of the population ... read more
The BLOM Stock Index (BSI) ended today’s session with a 0.17% increase to reach 1,159.70 points. In the real estate sector, Solidere shares class A and B gained 0.10% and 3.37% to close at $9.68 and $9.82, ... read more
During yesterday’s trading session on the London Stock Exchange (LSE), two Lebanese GDRs saw a change in their share price. In details, Audi GDRs added 1.16% to $6.10 following the trade of 20,000 shares ... read more
The BLOM Bond Index (BBI) stabilized at 103.58 points on Wednesday as demand for medium and long term Lebanese Eurobonds remained unchanged. The yields on the 5Y and 10Y Lebanese Eurobonds kept their ... read more
At 15:00 Beirut time, the Euro was quoted at €/$ 1.1311, the equivalent of €/LBP 1,705.13, appreciating by 0.79% against the US Dollar. The euro went up against the dollar today as the latter fell after ... read more
According to the Association of Banks in Lebanon (ABL), the Lebanese gross public debt reached $70.62B in January 2016, a 6.08% year-on-year (y-o-y) increase and a 0.43% uptick from that of December 2015. ... read more
Following the approval of the extraordinary general assembly on the 22nd of January 2016, Credit Bank S.A.L increased its capital by LBP79.39B (equivalent to $52.67M) to LBP159.62B (equivalent to ... read more
EFG Hermes, the largest publicly traded investment bank in the Arab world approved today the sale of a 40 percent stake (equal to 9.41M shares) in Credit Libanais to Arab and Lebanese investors at $33 per ... read more
Kindly find below the link to an interview entitled: Meet Annalisa Fedelino, the International Monetary Fund’s (IMF) Mission Chief for Lebanon. In the interview, also available in English and French, ... read more
The BLOM Stock Index (BSI) ended today’s session with a 0.05% upturn to reach 1,157.75 points. In the real estate sector, Solidere shares class A gained 0.10% to $9.67, while the class B lost 1.04% to ... read more
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