At 12:00 Beirut time, the Euro was quoted at €/$ 1.1325, the equivalent of €/LBP 1,707.24, appreciating by 0.09% against the US Dollar. The euro edged up today against the dollar as German ZEW economic ... 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
On the Beirut Stock Exchange (BSE), a negative performance was witnessed today as the BLOM Stock Index (BSI) dropped by 0.67% to 1,165.21 points. In details, Solidere class “A” and “B” added 0.40% and ... read more
During Friday’s trading session on the London Stock Exchange (LSE), three out of four Lebanese GDRs were traded. In details, BLOM’s GDR shares added 0.93% to settle at $10.90 after the trade of 913 shares ... read more
Demand for long and medium-term maturities dropped on Friday, as shown by the BLOM Bond Index (BBI) that decreased by 0.15% to 103.59 points. The yields on the 5Y and 10Y Lebanese Eurobonds added 2 basis ... read more
At 12:15 Beirut time, the Euro was quoted at €/$ 1.1310, the equivalent of €/LBP 1,704.98, appreciating by 0.22% against the US Dollar. The euro gained momentum against the dollar today as weakened oil ... read more
Lebanon’s infrastructure was extremely damaged by the 1975-1990 civil war. The quality of public utilities decayed further after the war in 2006 and the Syrian war in 2011. Since then, Lebanon has lacked ... read more
Demand for Lebanese Eurobonds increased over the week, as revealed by the BLOM Bond Index (BBI) that added 0.08% over the week to 103.75 points. Hence, the Lebanese gauge could not outperform the JP Morgan ... read more
During the week ending March 24, broad Money M3 grew by LP 293B ($194.36M) to reach LP 187,238B ($124.20B). M3 registered a 5.92% yearly growth and a 0.34% year-to-date uptick. Similarly, M1 widened by LP ... read more
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