3/12/2021 26/11/2021 % Change BLOM Stock Index 997.694 1,001.711 -0.40% Average Traded Volume 59,888 50,398 18.83% Average Traded Value 582,176 ... read more
The BLOM Stock Index (BSI) fell by 1.12% to reach 946.78 points over the last week. The market capitalization decreased from $9.33B last week to $9.23B to this week. On average 103,404 shares worth $ ... read more
Saudi Arabia’s new crown prince, Mohammad Bin Salman, dubbed “MBS”, made headlines in 2017. MBS’s arrival to power is in itself a controversial shakeup; in fact, it was Mohammad bin Nayef and not MBS who ... read more
The macroeconomic picture in the MENA region was little changed during the second quarter of 2016. Oil-exporting countries were still trying to weather the impact of subdued oil prices on their fiscal and ... read more
The era of low oil prices compelled the Kingdom of Saudi Arabia to identify the challenges that lie ahead and to determine an action plan drafted under the wing of the Saudi Arabia Vision 2030. The Kingdom ... read more
The Beirut Stock Exchange managed to register its first weekly gain in August following four weeks of negative performance. Lebanon’s BLOM Stock Index (BSI) added 0.22% to end the week at 1,147.58 points, ... read more
Weak oil prices and political climate continued to dictate economic performance in the MENA region during the first quarter of 2016. Despite the slight year-to-date uptick in oil prices, oil exporting ... read more
At the onset of 2016, rivalry between the Sunni-kingdom of Saudi Arabia and the Shiite-Iran was heated. In January 2016, Saudi Arabia executed 47 people accused of terrorism, amongst them was Sheikh Nimr ... read more
Saudi Arabia continued to be involved in the issues of its neighboring Middle Eastern countries. In December, the Kingdom decided on an $8B investment in Egypt while Egypt is set on renewing a deal to ... read more
For the second week running, the Lebanese stock market managed to show positive weekly performance on the account of the better than expected results by Lebanese banks and despite the continuing retreat in ... read more
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