While the debate over the optimal currency system continues to pour lots of ink, reality is that pegged exchange rates regimes remain the most adopted worldwide during and after the Gold Bullion Standard ... 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 Central Bank of Lebanon, Lebanon’s Balance of Payments (BoP) witnessed a deficit of $208.3M by June 2018 compared to $1.12B deficit recorded during the same period in 2017. In details, the ... read more
According to BLC Bank’s unaudited consolidated financial statements, the bank’s profit for 2018’s first half (H1) totaled $24.4M compared to $24.9M in the same period last year. However, the net profit ... read more
Abstract In July 2018, the IMF presented a report promoting “inclusive growth” in the Middle East and North Africa (MENA) region and it emphasizes that inclusive growth is a modern responsibility shared by ... read more
According to data from the Lebanese Cadastre Registry, the number of real estate (RE) transactions registered an annual uptick of 13.6%, to reach 95,856 transactions by December 2017. As such, the total ... read more
According to the latest data published by Lebanon’s Ministry of Finance (MoF), personnel costs increased by a yearly 4%, to reach $4.87B by December 2016. In fact, the growth in personnel costs was mainly ... read more
During the week of Nov. 2nd – Nov. 9th 2017, Broad Money (M3) fell by a weekly LBP 490B ($325M) to reach LBP 208,066B ($138B). Nevertheless, M3 rose by a yearly 6.88% and by 4.53% since the start of the ... read more
The yields on the Lebanese Eurobonds maturing in 5years (Y( narrowed from 6.23% to 6.10% this week, while the yields on the 10Y bonds remained unchanged at 6.79%. Over the past week, the BLOM Bond Index ... read more
Bread in one form or another has been the principal food for Man since the earliest times. It is said the first bread ever made was in Egypt, while the best bakers came from Phoenicia. The universality of ... read more
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