According to Bank Audi’s recently released statement, the Lebanese bank agreed to sell its business in terms of electronic payment and card services to M1 Financial Technologies, a subsidiary of M1 Group, ... read more
Byblos Bank’s board of directors invites its preferred shares holders to the annual general assembly meeting set to take place at the bank’s headquarters in Achrafieh on the 28th of April 2017 at 11:00 am. ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
According to the Ministry of Tourism, the number of tourists visiting Lebanon, in the first two months of 2017, displayed a 12.25% year-on-year (y-o-y) progress, where the total number of tourists went up ... read more
The Lebanese economy extended its stay in the tunnel during 2016 despite the election of a president and the formation of a government. These 2 events relaxed the political atmosphere that was negatively ... read more
According to Kafalat statistics, the number and value of issued loan guarantees stood at 96 and $11.66M by February 2017 compared to 118 guarantees worth $17.76M issued by February 2016. Over the same ... read more
According to a news statement published by the Association of Lebanese Industrialists (ALI), the Lebanese industrial sector has been negatively impacted by the economic slowdown. The statement puts the ... read more
Another weekly progress was depicted on the Lebanese Eurobonds market this week as reflected by the BLOM Bond Index (BBI) that increased by a weekly 0.54% to 105.47 points; nonetheless, it lagged behind ... read more
According to the Ministry of Finance (MOF), treasury transfers to EDL (Debt service and reimbursement of gas and fuel purchases) totaled $819.8M in the first eleven months of 2016, 22.3% lower than the ... read more
According to the latest report published by Ernst & Young, Beirut’s hotel occupancy rose to 61.5% during the first two months of 2017 compared to 56.3% registered during the same period last year. This ... read more
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