Lebanon: the economy, stock market, investments

 Information regarding to Lebanon and it's economy:

 

May 16, 2022 updated information regarding the Lebanese Central Bank

https://www.occrp.org/en/investigations/lebanon-central-bank-governors-son-moved-millions-abroad-while-lebanese-watched-blocked-savings-dwindle 

Lebanon Central Bank Governor’s Son Moved Millions Abroad While Lebanese Watched Blocked Savings Dwindle

Credit: James O’Brien

by Riad Kobaissi, Tom Stocks (OCCRP), and Rana Sabbagh (OCCRP)

13 May 2022

In late 2019, a financial crisis led Lebanese banks to block most depositors from withdrawing or transferring U.S. dollars. But the central bank governor’s son was able to move more than $6.5 million overseas, leaked documents show.

Key Findings

• Nady Salame, son of Lebanon’s central bank governor, was able to send over $6.5 million abroad while most Lebanese had their savings blocked.
• Salame was also able to convert large amounts of Lebanese pounds at the official rate as the street value of the pound collapsed.
• Salame’s transactions at the time included a payment to a luxury Italian furniture maker.

 

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Stock Market:

http://www.bse.com.lb/

Luxemburg and Lebanese stocks:

https://www.bourse.lu/issuer/Lebanon/34179

 

About Beirut Stock Exchange via Wikipedia https://en.wikipedia.org/wiki/Beirut_Stock_Exchange