According to the Lebanese Ministry of Industry (MoI), the value of total industrial exports declined to $179.9M in January 2019, compared to $187M in January 2018. In details, exports of “Machinery and ... read more
According to E&Y’s Middle East Hotel Benchmark Survey, Beirut recorded improvements on all the measured key performance indicators (KPIs) in the first quarter of the year. This can be mainly attributed ... read more
Lebanon’s average consumer prices rose by 3.61% year-on-year (y-o-y) by April 2019 compared to an annual uptick of 5.47% recorded in the same period of 2018, as per the Central Administration of Statistics ... read more
According to the Association of Lebanese Banks (ABL), the value of cleared checks reached $19.26B by April 2019, down by 12.97% compared to the same period last year. Similarly, the total number of cleared ... read more
Abstract This study traces back Lebanon’s public debt levels, debt composition and the incurred costs of debt to infer the main cycle that has driven the country to its current downturn. Since September ... read more
During the week starting May 06th 2019, Lebanon witnessed an open strike by the employees of Banque du Liban (BDL) who feared budget cuts will jeopardize their wages and benefits. The strike disrupted some ... read more
Lebanese Forex Market The Lebanese Pound (LP) steadied this week within the range of $/LP 1,514 – 1,514.5 against the dollar, with a mid-price of $/LP 1,514.25. The peg continues to be supported by ... read more
Bank of Beirut’s (BOB) general assembly convened on May 06, 2019 at the bank’s headquarters in Beirut to approve the 2018 financial statements. BOB also declared the distribution of 2018 gross dividends, ... read more
The activity at Beirut International Airport in the first quarter of the year (Q1 2019) witnessed a slight uptick, with the total number of passengers rising from 1.73M in Q1 2018 to 1.75M in Q1 2019. In ... read more
The ordinary general assembly of BEMO Bank convened on May 06, 2019 to approve the distribution of dividends to the holders of “BEMO Preferred 2013 shares” as per the details below: Gross dividends: $2.45M ... 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