The number of construction permits experienced a yearly plunge of 14.30% to reach its lowest level in 6 years at 8,652 by July 2015, compared to a higher level of 10,096 in 2014. In this context, the ... read more
The year 2015 still portrayed key problems for Lebanon on the political and economic fronts. Parliamentary sessions for the election of a new President were and, are still, regularly postponed, rendering ... read more
Lebanon recorded its longest presidential deadlock since independence with more than a year without a president of the republic. Yet, the security situation remained stable, despite few clashes on the ... read more
Lebanon’s economic growth remained positive in 2014 despite the challenging political, security, and external environment. The Lebanese economy went through difficult times in 2014 except for the formation ... read more
The slowdown in economic activity had its toll on new projects guaranteed by Kafalat, as the number of guarantees given dropped in the first 7 months of 2015. Kafalat’s guarantees recorded a 29.1% decline ... read more
Retail activity in Lebanon maintained its steady progress over Q1 of 2015 with the number of outstanding payment cards rising by a yearly 9.2% to 2.51M. Notably, total cards held by foreigners fell ... read more
The BLOM Bond Index (BBI) registered a minor uptick of 0.02% over the past week to reach 107.148 points. The Lebanese gauge outperformed the JP Morgan Emerging Markets’ Bond Index which lost a weekly 0.11% ... read more
The BLOM Stock Index (BSI) gained 0.58% over the past week to register 1,174.69 points. The average traded volume and value grew substantially from 71,507 shares worth $724,010 to 215,424 shares worth ... read more
Despite the 5.20% year-on-year (y-o-y) decline of the overall imports’ tonnage in the first five months of 2015 to 6.05M tons of goods worth $7.1B, four out of nine custom offices revealed higher volumes ... read more
On the London Stock Exchange (LSE), BLOM Bank’s GDR shares rose by 1% to close at $10.10. Meanwhile, Solidere’s GDR shares declined by 5% to $10.45 and Audi’s GDR shares were traded without any change in ... read more
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