Home » LEBANON BRIEF » Issue November 2017 » Issue November 2017 - Week 3
By Oct., 2017, Port of Beirut (PoB) revenues slipped by an annual 0.75%, to reach $197.6M. Total container activity including transshipment (TEU+TS) rose by an annual 12.3% to 1.07M twenty-foot equivalent ... read more
Audi Bank’s board of directors invited the holders of its “Preferred H” shares for an ordinary general assembly scheduled to be held at the bank’s headquarters in Audi Plaza, Beirut on December 11, 2017 at ... read more
According to the Central Administration of Statistics (CAS), Lebanon’s average inflation rate rose by 4.35% by Oct. 2017, compared to an average deflation rate of 1.42% by Oct. 2016. The average costs of ... read more
The balance sheet of Lebanon’s commercial banks revealed that total assets grew 4.5% year-to-date (y-t-d) and 7.8% year-on-year (y-o-y) to reach $213.4B by Sept. 2017. The rise can be attributed to the ... read more
According to the balance sheet of the Lebanese Central Bank (BdL), total assets rose by 14.78% year-to-date (y-t-d), and stagnated compared to the previous month, to reach $117.45B in mid-November. In ... read more
Throughout the week ending Nov.24th, markets seem to have absorbed the shock-resignation of Lebanon’s prime minister (PM) Hariri. As such, Eurobonds began to move back to their pre-resignation shock ... read more
Three weeks after Lebanon’s Prime Minister (PM) Saad al-Hariri shocking resignation, the Lebanese stock market started to breathe again during this week’s four trading sessions. In reality, Hariri ... 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 ($138B). Nevertheless, M3 rose by a yearly 6.88% and by 4.53% since the start of the ... read more
Lebanese Forex Market Amid the week’s latest positive political developments following the Prime minister’s shock resignation on Nov.4th and the continuous support of BDL’s elevated foreign assets, which ... read more
The World Bank recently released a report entitled “The Tech Start up Ecosystem in Beirut” in which it attempts to portray the status of this budding scene in Lebanon. The World Bank’s findings are based ... read more