The real estate sector continued to enervate the Beirut Stock Exchange (BSE), despite that most banks posted positive financial results for the 3rd quarter of 2015. The BLOM Stock Index (BSI) declined by ... read more
Lebanese Stock Exchange showed a lackluster performance, as continued uncertainty on the local political scene held back the real estate sector. The BLOM Stock Index (BSI) declined by 0.43% to 1,137.73 ... read more
Despite the tough economic and political challenges that Lebanon has been facing since 2011, the banking sector stayed hale and hearty, with assets exceeding 350% of GDP. The Alpha Group of Banks, the top ... read more
In a Euromoney article published in May 2014, the governor of the Central Bank of Lebanon mentioned that the number of Lebanese banks (Lebanese shareholders and Lebanese management) was slashed by almost ... read more
Banque Pharaon and Chiha announced, on the 4th of October, the sale of 80% of the bank’s shares to Raymond and Teddy Rahme of ZR Group Holding. The latter is considered a well-known player in a multitude ... read more
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