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
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
Bank Audi’s Turkish subsidiary, ODEA Bank, announced its results for the year 2015. The Bank’s financial statements revealed a surge in its net profits from $121,000 in 2014 to $17.60M in 2015. This was ... read more
As part of a defense agreement signed in 2014, Turkey will establish a military base in Qatar. 3,000 ground troops would be stationed at the base as well as air and naval units, military trainers and ... read more
Lebanon ended 2015 with disparate developments on the security and political fronts. Two suicide bombings alarmed the security situation in November. However, 2015 was wrapped with positive expectations ... read more
According to the Central Bank of Lebanon, the assets of commercial banks grew by a yearly 5.86% to $185.99B in 2015. Claims on the resident private sector increased by a yearly 5.90% to $48.05B and claims ... read more
Lebanon’s tourism sector improved by the end 2015 as the number of incomers surged by 12.05% to reach 1.52M tourists. The number of European visitors, grasping 33.29% of the total, augmented by 12.87% ... read more
With the local political and security developments dominating in 2015 combined with macroeconomic changes in the global front, the Lebanese Eurobonds market witnessed a lackluster performance. ... read more
The private sector’s economy remained at a low ebb in November, as revealed today by the economic indicator BLOM PMI which registered its lowest reading since August 2014. Lebanese companies participating ... read more
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