Demand for the dollar decreased over the week, as reflected by the Lebanese pound’s peg against the dollar that went from 1,512-1,513 with a mid-price of $/LP 1,512.5 to $/LP 1,509-1,513 with a mid-price ... read more
The Berytech II Fund, which was announced in 2013, ended its latest round of funding at $51.5M. These funds are to be used to motivate people to create startups and SMEs in the ICT sector in a bid to raise ... read more
Political talks between the different Lebanese parties that started during the previous week continued to affect positively. The Lebanese stock market, especially the real estate sector. As a result, the ... read more
Despite the positive sentiment stimulated by the local political dialogue, this week was characterized by a slow activity on the Eurobonds market, if not for the $2.2B new Eurobonds issuance on bonds ... read more
The number of total incomers to Lebanon significantly rose in January due to improving political and security conditions in the country and in the region. With substantial amounts of snowfall, winter ... read more
The Lebanese Eurobonds’ market barely moved on Wednesday, as the BLOM Bond Index (BBI) settled at 106.95 points, recording a slight 0.06% increase. Both the 5Y and 10Y yields witnessed a 1 basis point (bp) ... read more
The Lebanese Stock Market experienced a downturn of 0.49% as the BLOM Stock Index (BSI) ended today’s session at 1,214.31 points. Most trading shares on the Beirut Stock Exchange (BSE) closed in the red ... read more
Total real estate transactions in January 2015 settled at a 6 year low nearly half of those recorded in January 2010 and 2011 ahead of the rise of regional turbulence. In details, a 28.39% yearly decrease ... read more
Following consecutive downticks, Lebanon’s Eurobonds’ market stabilized during the week’s third trading session. In details, the BLOM Bond Index settled at 106.88 points, recording a slight 0.01% progress. ... read more
The Lebanese Stock Market experienced, on Wednesday, a downtick of 0.02% as the BLOM Stock Index (BSI) closed at 1220.28 points. In the real estate sector, Solidere “A” shares increased by 1.14% to $11.53. ... read more
The real estate consultant RAMCO lately released a publication about office buildings under construction in Beirut. The study enclosed 37 office projects with a total office space representing 195,694 ... read more
Following a $1B announcement, Lebanon successfully sold $2.2B of sovereign Eurobonds lately, the biggest foreign debt issuance in its history. Investors’ appetite for the issuance was substantial as bids ... read more
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