In the cheap oil era, Saudi Arabia is remaining true to defending its market share on the oil market by not cutting its output as it believes it can sustain lower oil prices more than other players such as ... read more
In the third quarter of 2015 (Q3 2015), the regime of Bashar el Assad continued to rely heavily on its allies Russia and Iran. Russia deployed its aircrafts and tanks in Syria in order to support the ... read more
During the week ending October 29, 2015, broad Money M3 expanded by LP 208B ($137.94M), to reach LP 183,869B ($121.97B) posting a 5.12 % yearly growth and a 3.65% y-t-d uptick. Similarly, M1 increased by ... read more
The real estate sector managed to recover this week following 3 weeks of weak performance. This was mainly on the back of positive political discussions and the parliamentary session that took was held on ... read more
The progress denoted on the Lebanese political scene, managed to boost the Lebanese Bourse performance today for the 2nd session running. However, trading volume eased from 182,789 traded shares worth ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Thursday. In details, 500 GDRs of Audi exchanged hands at $6.00, increasing by 1.69% ... read more
Appetite for Lebanese Eurobonds market slightly eased on Thursday, as illustrated by the 0.01% daily drop in the BLOM Bond Index (BBI) to 103.91 points. The Lebanese gauge saw its year to date loss ... read more
At 16:30 Beirut time, the Euro was quoted at €/$ 1.0732, the equivalent of €/LBP 1,617.85, depreciating against the US Dollar by 0.79% from Thursday’s close. Mario Draghi’s speech signaling a probable ... read more
Lebanon’s trade deficit declined by 18.57% year-on-year (y-o-y) by September, to record $10.67B due to a 17.38% decrease in overall imports outpacing the 11.10% decline in total exports. The prominent ... read more
Demand for Lebanese Eurobonds declined over the past week as shown by the 2.04% y-t-d decline and 0.75% weekly decline in the BLOM Bond Index (BBI) to reach 103.91 points. The JP Morgan Emerging Markets’ ... read more
Lebanese Forex Market: Demand for the dollar on the Lebanese forex market increased as the exchange rate rose from at $/LP 1,510-1,514 with a mid-price of $/LP 1,512 to $/LP 1,510.5-1,514.5 with a ... read more
Egypt will finally start electing a new parliament by mid-October this year after 3 years without a legislative Council of Representatives. During Q3 2015, and after president Al-Sisi reshuffled the ... read more
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