On the Beirut Stock Exchange, the BLOM Stock Index (BSI) fell by 0.72% during the week to 1,153.09 points. The average traded volume increased from last week’s 185,386 shares worth $2,769,701 to 334,556 ... 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
According to Ernst & Young Middle East hotel benchmark survey, Lebanon’s occupancy rate stood 5th at 56% by November (same as Jordan) amongst the MENA countries, ahead of Egypt, Bahrain, and Kuwait, ... read more
The economic outlook of MENA countries remained gloomy during the third quarter of 2015 due to low oil prices and intensifying conflicts in many parts of the region. Economies of oil-exporting countries ... read more
In the cheap oil era, Saudi Arabia is remaining true to defending its market share on the oil market by not cutting its output as it believes it can sustain lower oil prices more than other players such as ... read more
The BLOM Bond Index (BBI), which tracks the performance of the Lebanese Eurobonds, lost a slight 0.02%, over the week, to 105.69 points. The BBI lagged behind the JP Morgan Emerging Markets’ Bond Index ... read more
The newly appointed king Salman reshuffled several power positions in the Kingdom. After Prince Muqrin relinquished the title of crown prince, Muhammad Bin Nayef was appointed to the role. As for the ... read more
Demand for Lebanese Eurobonds slid over the past week as shown by the 0.11% decrease in the BLOM Bond Index (BBI) to 107.08 points. However, Lebanon’s BBI still managed to outperform the JP Morgan Emerging ... read more
On the 25th of March 2015, the Kingdom of Saudi Arabia led, along with nine other Arab States, the Operation “Decisive Storm” in Yemen. The Kingdom’s military intervention is intended to support the ... read more
The passing-away of King Abdullah ben Abdel Aziz was undeniably the most prominent event in the Kingdom of Saudi Arabia. The throne is now in the hands of king Abdullah’s half-brother, Crown Prince Salman ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here