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
During the Ordinary General Assembly of Byblos Bank S.A.L held on the 26th of April 2016, the distribution of dividends for the year 2015 was agreed upon as follows: For common shareholders: LBP 200 or ... read more
According to data from the Lebanese customs, Lebanon’s trade deficit reached $3.99B in the first quarter of 2016 (Q1 2016), up by 16% from the $3.43B registered in Q1 2015. Exports dropped by an annual 15% ... read more
The balance sheet of the Lebanese Central Bank (BdL) revealed that total assets reached $94.73B by mid-April 2016, recording a 0.44% monthly increase from mid-March’s level and a 6.54% rise from mid-April ... read more
Consumer prices maintained the downward trend during the first quarter of 2016 as reflected by the Consumer Price Index (CPI) that dropped by 3.57% y-o-y in March 2016. According to the Central ... read more
Bank Audi released today its consolidated unaudited financial results for the first quarter of 2016. Despite a weak Lebanese economy and a continuing unstable regional environment, the Bank maintained its ... read more
The value of cleared checks decreased by 1.54% during the first three months of the year, illustrating lower consumption and spending. In fact, the number of checks cleared by Banque du Liban amounted to ... read more
According to E&Y’s Middle East Hotel Benchmark Survey, Beirut’s hotel occupancy rate slightly declined from 54% in Q1 2015 to 53% in Q1 2016. The downtick in Beirut’s hotel occupancy may be attributed ... read more
Rafic Hariri International Airport (RHIA) activity improved during the first quarter (Q1) of 2016, as the total number of passengers increased by a yearly 18.40% to 1.63M. In details, the number of ... read more
The board of directors of Bank of Beirut (BoB) invites its shareholders to an extraordinary general assembly at the bank’s headquarters located in downtown Beirut, Foch Street. The meeting will take place ... read more
BLOM listed shares witnessed a negative performance today on the Beirut Stock Exchange (BSE) as the stock lost 5.66% to end the session at $10.01. This mainly resulted from the ex-dividend date of BLOM ... read more
Activity at the Port of Beirut (PoB) remained resilient in the first Quarter (Q1) of 2016 as the port’s revenues recorded a double-digit yearly increase of 12.35% to $56.96M. Total container activity ... read more
During the Annual Ordinary General Assembly held on April 14th, 2016, BLOM Bank’s shareholders approved the accounts of the bank for 2015 and the distribution of dividends and returns amounting to LBP ... read more
According to Bank Audi and the Beirut Stock Exchange, Bank Audi’s shareholders convened on April 8, 2016 for an Ordinary General Assembly and declared a gross distribution of dividends as follows: To ... read more
According to the International Monetary Fund’s (IMF) latest World Economic Outlook (WEO) entitled “Too Slow for Too Long”, global growth is projected at 3.2% in 2016, in line with that of last year, but ... read more
According to Kafalat, the number of granted guarantees increased from 143 in the first quarter (Q1) of 2015 to 172 in Q1 2016 and their value rose from $19.6M in Q1 2015 to $24.3M in Q1 2016. In terms of ... read more
According to the Association of Lebanese Car Importers, the number of newly registered commercial and passenger cars improved during the first quarter of 2016 by 6.72% year-on-year (y-o-y) to 8,590 cars. ... read more
According to the Association of Banks in Lebanon (ABL), the Lebanese gross public debt reached $71.21B in February 2016, a 2.84% year-on-year (y-o-y) increase. Debt in LBP, accounting for 61.8% of total ... read more
According to Global Blue, tourist spending in Lebanon decreased by a yearly 12% in Q1 2016, compared to Q1 2015. This contraction is mainly attributed to the relatively lower spending by GCC nationals in ... read more
The consolidated balance sheet of Lebanon’s commercial banks revealed a 0.32% progress in assets from December 2015’s level of $185.99B to $186.59B in February 2016, reflecting a 5.68% year-on-year (y-o-y) ... read more
Lebanon’s Balance of Payments (BoP) revealed a deficit of $356.3M in the first two months of 2016, compared to a higher deficit of $432.8M in the same period last year. In spite of the relative ... read more
According to Business News, Byblos Bank is conducting a deal, valued at $91M, to acquire Banque Pharaon & Chiha. BdL (Banque du Liban) has authorized the progress of this deal and is currently studying ... read more
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