The shocking resignation of Lebanon’s Prime Minister (PM) Saad Hariri last Saturday rattled the Beirut Stock Exchange over the past week. The BLOM Stock Index (BSI) lost 3.20% to reach the level of ... read more
Following a poor macroeconomic performance over the first half of the year, the Jordanian economy managed to reverse the trend noticed in some economic sectors, such as trade. However, the Kingdom ... read more
The United Arab Emirates (UAE) remained focused on its strategic goals in spite of the regional tensions. The government is trying to build a balance between its revenues and expenditures to offset the ... read more
The Beirut Stock Exchange (BSE) underwent a week of profit taking on Audi stocks, sending the BLOM Stock Index (BSI) 0.98% lower following five weeks of improving performance. Accordingly, the index ended ... read more
Investors’ confidence in the economic outlook of MENA countries did not improve in the last quarter of 2015. The geo-political risks of the region that kept on aggravating and the worsening oil prices ... read more
Similarly to the previous years, the United Arab Emirates (UAE) held on to its strategic goals despite the global economic headwinds and the escalating regional tensions. Deteriorating oil prices were ... read more
With all four traded stocked ending in the red, the BLOM Stock Index (BSI) lost 1.89% to 1,147.46 points on Monday, following the trade of 54,346 shares worth $510,403. In the banking sector, BLOM GDR ... read more
Positive political developments on the Lebanese front, with bills being passed and talks on filling the presidential void, boosted the Lebanese during the week. Thus, the BLOM Stock Index (BSI) inched up ... read more
The third quarter of 2015 proved to be a very difficult period to navigate through, as global financial markets experienced volatility hardly seen before, and economies witnessed withdrawals and ... read more
On the London Stock Exchange (LSE), three out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Monday. In details, 3,000 GDRs of Solidere changed hands at a quote of $9.00, ... read more
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