The BLOM Lebanon PMI for August 2025 rose slightly above the 50.0 no-change threshold to record a 50.3 compared to July’s 48.9, ending five consecutive months of contraction, and signaling a marginal ... read more
According to the Association of Banks in Lebanon (ABL), the Lebanese gross public debt reached $71.04B in March 2016, a 2.32% year-on-year (y-o-y) increase and a 1.04% rise from December 2015’s level. Debt ... read more
Solidere released an invitation for its annual general assembly to be held on June 6th, 2016. The general assembly meeting is set to take place at 9h30 am at Biel, downtown Beirut. The meeting’s agenda ... read more
The board of directors of Bank of Beirut (BoB) invites its shareholders to 2 extraordinary general assemblies at the bank’s headquarters located in downtown Beirut, Foch Street. The first meeting will take ... read more
Ciments Blancs’ board of directors invited its shareholders to attend the annual general assembly meeting set to take place at the company’s head office in Dbayeh on Wednesday the 22nd of June at 10:00 ... read more
Holcim invited its shareholders to attend an ordinary general assembly, scheduled for June 15th, 2016 at 10:00 a.m in the “Le Royal” hotel in Dbayeh. The assembly will discuss several points, including ... read more
According to RAMCO, the sale prices of apartments under construction in Beirut have decreased by 1.2% in 2015, compared to a slower 0.7% drop in 2014. Through its Residential Price Index of Beirut, the ... read more
According to the Association of Lebanese Car Importers, the number of newly registered commercial and passenger cars improved by 4.29% year-on-year (y-o-y) to 11,909 cars by April 2016. This was triggered ... read more
Byblos Bank announced on the 10th of May, 2016 that it has completed the acquisition of 99.18% of the shares in Banque Pharaon & Chiha. The latter was valued at $91M. Raymond and Teddy Rahmeh (known as ... read more
Lebanon’s Balance of Payments (BoP) revealed a deficit of $644.2M in the first quarter of 2016, compared to a higher deficit of $850.2M in the same period last year. In spite of the relative improvement, ... read more
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
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
During its ordinary general assembly, held on the 5th of May 2016, Bank of Beirut (BoB) decided to distribute $36M worth of dividends for the year 2015, as follows: $2/share for the holders of BoB ... read more
Bemo Bank’s board of directors invited all holders of common shares for an ordinary annual general assembly that will be held at the bank’s headquarters in Ossayli Building, Riad El Solh, on June 7, 2016 ... read more
The construction industry in Lebanon showed positive performance in the first quarter of this year with the number of real estate permits increasing to 4,183, compared to 3,337 in the same period of 2015. ... read more
The balance sheet of the Lebanese Central Bank (BdL) revealed that total assets reached $94.95B in April 2016, recording a 0.40% monthly increase from March’s 2016 level and a 6.91% rise from April 2015’s ... read more
During the first quarter of 2016, real estate activity witnessed a positive performance as the total number of real estate transactions rose by 14.5% y-o-y to reach 19,640. Also, the total value of these ... read more
As per its latest unaudited financial statements, Bank of Beirut (BoB) recognized a yearly 7.96% rise in its Net Income, ending 2015 at a level of LBP 65.99B ($43.78M). BoB saw its net interest income ... read more
The consolidated financial statements of Byblos Bank revealed a 3.05% year-on-year (y-o-y) increase in profits to $33.76M in the first quarter of 2016 (Q1 2016). As net interest income and net fees and ... read more
According to its financial statements, BEMO Bank managed to post a 17.86% year-on-year (y-o-y) growth in its net profits to $3.70M in the first quarter (Q1) of 2016. This came as a result of the 11.52% ... read more
According to BLC Bank’s income statement, net profits dropped 19.99% year-on-year to $9.24M in the first quarter (Q1) of 2016. Net interest income and net fees and commission income decreased 38.07% and ... read more
In the first quarter of the year (Q1 2016), BLOM Bank retained its strong standing in the sector by relying on its successful conservative approach and expansion strategy. BLOM posted the highest Return on ... read more
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