While other Arab countries were struggling to stop the flow of blood on their land, the United Arab Emirates (UAE) was setting for its space exploration of the red planet Mars. Other megaprojects and ... read more
Lebanese Eurobonds market remained stagnant as the Blom Bond Index (BBI) steadied at 106.93 points. The 10Y Eurobonds’ yield increased by 1 basis point (bp) to 6.21% while the 5Y Eurobonds’ yield ... read more
The BLOM Stock Index closed Tuesday’s trading session with a 0.19% increase, settling at 1,207.03. Internal political skirmishes weighed negatively on real estate shares Solidere “A” and “B” which lost ... read more
With no president of the republic being elected since the 25th of May, the Lebanese Parliament extended its mandate by 2 years and 7 months, in November. However, this extension was coupled with a law ... read more
The drop in the registered number of Syrian refugees served to reduce pressure on the Jordanian Kingdom and allowed for a positive outlook for 2015. In fact, the UNHCR expected the number of Syrian ... read more
The juridical decision regarding Husni Mubarak, and the Jihadists attacks in Sinai, were the two main events that marked the last quarter of 2014. Jihadist attacks in Sinai targeting Egyptian ... read more
Kafalat issued 40 guarantees in the 1st month of the year with a total value of $5.13M, lower than the 70 guarantees worth $10.66M that were issued during the same month in 2014. Therefore, the average ... read more
Transfers to EdL for the first eight months of 2014 showed a 6.46% year-on-year (y-o-y) drop to $1.41B. This was the result of the 5.15 % y-o-y decline in payments to fuel oil and gas oil suppliers KPC and ... read more
The BLOM Bond Index, which tracks the Lebanese Eurobond market, increased by 0.05% to 106.93 points. The 5Y and 10Y Eurobonds’ yields decreased by 1 basis point (bp) each to 5.26% and 6.20%, respectively. ... read more
The BLOM Stock Index ended Monday’s trading session relatively constant with a closing value of 1,204.72. In the real estate sector, Solidere “A” shares lost 1.49% of its value to settle at $11.23 while ... read more
To support economic growth and price stability, monetary policy has remained highly accommodative during 2014. The central bank kept the interest rates stable as witnessed by T-bills rates, maintained the ... read more
As we expected last week, the banks’ positive earnings for the fourth quarter of 2014 continued to uplift the Lebanese stock market. The Beirut Stock Exchange (BSE) registered a solid performance across ... read more
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