Byblos Bank’s net profits grew 6.67% year-on-year (y-o-y) to $32.76M in the first quarter (Q1) of 2015. This was due to the 12.76% increase Read More
Bank of Beirut (BoB) ended Q1 2015 with a net profit of $40.55M, representing a 10.23% rise from the same period last year. This Read More
The number of construction permits lagged behind in Q1 2015 by a yearly 23.23% to its lowest level in 6 years at 3,337 in Q1, compared Read More
Economic Indicators
BLC Bank Calls for Ordinary General Assembly and Records $11.55M Net Profits in Q1
BLC Bank’s board of directors invited its shareholders for an ordinary general assembly that will be held at the bank’s Read More
Poor demand for US Treasuries has affected the passive outlook for Lebanese Eurobonds on Wednesday. The BLOM Bond Index (BBI) slightly down Read More
During the three-week period starting March 12 to April 2 2015, broad Money M3 increased by LP 784B ($519.96M), to reach LP 177,868B ($117.99M) with Read More
The Beirut Stock Exchange ended Wednesday’s session in the green, on the back of a good performance in the banking sector. Read More
Demand for Lebanese Eurobonds remained relatively stable on Tuesday, as the BLOM Bond Index (BBI) marginally inched up by 0.02% to settle at 107.96 Read More
The value of cleared checks decreased by 4.85% during the first three months of the year, illustrating lower business spending. In fact, the Read More
MENA in a Glimpse
Egypt: The Robust Economic Recovery Remained Intact to Regional Political Developments
The series of terrorist attacks fastened in Q1 2015 with Egypt facing almost 331 incidents compared to 353 for the entirety of 2014. The emerging developments Read More
