According to Midlcear, the Central Bank of Lebanon just approved the transformation of Lucid Investment Corporation from a financial institution into a specialized bank. According to Lucid’s website, “the ... read more
According to the Association of Banks in Lebanon (ABL), the number and value of cleared checks dropped from 11.42 million and $66.06B by November 2015 to 11.29 million and $62.29B by November 2016. The ... read more
Lebanon’s Bourse witnessed a downturn this week just ahead of the Christmas holidays. This was mirrored by a 1.49% weekly slip of the BLOM Stock Index (BSI) to 1,206.64 points. Still, the latest political ... read more
A version of this article appeared in the print edition of The Daily Star on December 21, 2016, on page 4. The Lebanese ICT sector holds a lot of economic potential given its fast-growing pace and its vast ... read more
According to the Lebanese Customs, Lebanon’s trade deficit broadened by 7.92 % to $13.16B by October 2016, as exports increased by a yearly 2.75% to $2.56B, while imports added 7.04% y-o-y to $15.72B. On ... read more
Contraction in the private sector’s economy shrank in November to its lowest level since February, with BLOM Purchasing Managers’ Index (PMI) recording a reading of 46.9, still below the neutral mark of 50 ... read more
According to the Ministry of Finance, Lebanon’s fiscal deficit broadened by 27.13% to reach $2.53B by August 2016, versus a deficit of $1.99B in the same period in 2015. The 4.13% year-on-year (y-o-y) ... read more
Apples have come a long way since their beginning. Known as the king of the fruits, the Romans helped greatly in spreading the apple trees. Whenever the Romans conquered a country, they always took apple ... read more
According to the Ministry of Industry, the value of total industrial exports dropped from $242.5M in September 2015 to $184.3M in September 2016. The main exported products were Machinery and Electrical ... read more
Blominvest’s research is international ! Below is the link to “Lebanon – Beyond Tomorrow”, our analysis of the Lebanese Cement Industry, exclusively prepared for the November issue of the “International ... read more
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