The fourth week after Hariri’s abrupt resignation held another bunch of optimism that was materialized by another progress on the Beirut Stock Exchange (BSE). As a matter of fact, the suspension of ... read more
Three weeks after Lebanon’s Prime Minister (PM) Saad al-Hariri shocking resignation, the Lebanese stock market started to breathe again during this week’s four trading sessions. In reality, Hariri ... 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
Lebanese Forex Market Amid the week’s latest positive political developments following the Prime minister’s shock resignation on Nov.4th and the continuous support of BDL’s elevated foreign assets, which ... read more
The World Bank recently released a report entitled “The Tech Start up Ecosystem in Beirut” in which it attempts to portray the status of this budding scene in Lebanon. The World Bank’s findings are based ... read more
According to Kafalat, the number of loan guarantees dropped from 602 guarantees by October 2016 to 491 guarantees by October 2017. The overall value of the guarantees lost 24.81% year-on-year (y-o-y) to ... read more
Contraction in the private sector’s economy accelerated in October as the BLOM PMI declined further to 45.8 points. The index remained below the neutral mark of 50, separating economic contraction from ... 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 Kafalat, the number of loan guarantees dropped from 546 guarantees by September 2016 to 447 guarantees by September 2017. The overall value of the guarantees fell by 26.31% to reach $54.20M by ... read more
A version of this article appeared in the print edition of The Daily Star on October 19, 2017, on page 4. Economic growth in Lebanon has long been associated with growth in real estate, construction and ... read more
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