Produced from the seed of the tropical cacao tree, cocoa has been cultivated for at least three millennia. This food originated in Mexico, Central and Northern South America and dates back to around 1100 ... read more
The Beirut Stock Exchange revealed an improvement in performance during the last two weeks, on the back of some gains experienced in the real estate sectorand despite a frail activity. The BLOM Stock ... read more
Demand for Lebanese Eurobonds improved throughout the 2-week festive season, illustrated by the BLOM Bond Index (BBI) increasing by 025% to end the year at 104.11 points. Furthermore, the Lebanese Eurobond ... read more
Lebanon is endowed with many assets that allow for its food and drink industry to thrive. Lebanese consumers are liberal and have a taste for variety and novelty products and therefore can easily lure ... read more
Following the approval of the board of directors and the Capital Markets Authority (CMA), IBL Bank decided to issue $40M subordinated bonds maturing in 2025, on the 10th of December 2015. These bonds are ... read more
Notre Dame University (NDU) has concluded the technical studies to open a new hospital adjacent to the campus in Louaize. Work on the project will start in 2016 and is expected to be completed in three ... read more
The Beirut Stock Exchange regressed this week following two weeks of positive movement, as the real estate sector illustrated a lackluster performance. The BLOM Stock Index (BSI) declined by 1.40% to end ... read more
With the expected positive developments during the past week, the BLOM Bond Index (BBI) went up by 0.79% to 103.88 points, outperforming the JP Morgan Emerging Markets’ Bond Index that lost 0.09% to 675.67 ... read more
The political and security developments in Lebanon and the region continued to weigh heavily on the Lebanese economy during 2015. GDP growth declined to 0.5% and could have turned negative if not for the ... read more
The positive performance of both banking and real estate stocks lifted the BLOM Stock Index on Friday by 0.62% to 1,156 points. Solidere A and B shares rose by 3.67% and 1.57% to $10.46 and $10.34, ... read more
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