The fourth week after Hariri’s abrupt resignation held another bunch of optimism that was materialized by another progress on the Beirut Read More
Financial Markets
The Lebanese Bourse Displays Partial Weekly Recovery after Suspension of Hariri’s Resignation
Three weeks after Lebanon’s Prime Minister (PM) Saad al-Hariri shocking resignation, the Lebanese stock market started to breathe again during this Read More
During the week of Nov. 2nd – Nov. 9th 2017, Broad Money (M3) fell by a weekly LBP 490B ($325M) to reach LBP 208,066B ($138Read More
Financial Markets
The Euro Appreciates against the Dollar as Eurozone Growth Data Exceeded Forecasts
Lebanese Forex Market Amid the week’s latest positive political developments following the Prime minister’s shock resignation on Nov.4th and Read More
The BLOM Stock Index (BSI) rose by a weekly 0.60% to 1,167.50 points this Friday, following the release of the listed banks’ financial results Read More
Contraction in the private sector’s economy accelerated in October as the BLOM PMI declined further to 45.8 points. The index remained below Read More
Rymco’s board of directors invited its shareholders to attend an ordinary General Assembly at the company’s headquarters in Chiah at 10 Read More
Business conditions of Lebanon’s private sector companies saw further deterioration during the ninth month of the year. “The PMI was again Read More
A version of this article appeared in the print edition of The Daily Star on August 03, 2017, on page 7. Below is the Read More
Spotlights
Financial Results of the Three Largest Listed Lebanese Banks for the First Half of 2017: Sustainable Performance and Growth
Net Profit($ mn) ROAcE (%) ROAA(%) Cost-to-Income (%) BLOM 233.53 16.66 1.54 34.36 Audi 212.83* 13.00 0.99 54.47 Byblos 66.27 7.06 0.62 56.60 * Doe not include the exceptional profits of $95.22 million made from the sale of Read More
