Abstract The purpose of this study is to present the now-popular 1,274 page McKinsey report in an illustrative, user-friendly, and shorter version that focuses on the key takeaways for Lebanon’s economy ... read more
In September, construction activity helped reverse the declining trend in construction area authorized by permits. The number of construction permits inched up 0.23% year-on-year (y-o-y) to 12,827 by ... read more
Total real estate transactions inched up by a yearly 4.06% during the first three quarters of 2014, to reach 51,901 transactions. Total value of property sales transactions surged by 10.49% year-on-year ... read more
MEVP is to close its Impact Fund, a venture capital fund that is valued at $50M. MEVP will use this fund, sponsored by Blominvest Bank and MedSecurities Investment, to invest in early and growth stages of ... read more
Global Finance, the prestigious international financial institution awarded BLOM Bank “Best Bank in Lebanon for 2014” in a ceremony that occurred as a derivative of the Annual Meetings of the International ... read more
Bank Audi posted 7.12% year-on-year (y-o-y) increase in its net profit to $279.88M by end of September 2014. In details, the net interest income increased by 24.58% y–o-y to $585.98M while net fees ... read more
According to ARA Marketing Research and Consultancy, the Consumer Confidence Index (CCI) lost 15 points to stand at 62 points in September, recording a ten-month low. This decline was triggered by the ... read more
The Lebanese gross public debt reached $65.86B in the first eight months of 2014, rising by 8.86% from its value in the same period last year. As a percentage of GDP, Lebanon’s gross public debt went from ... read more
Inflation rate reached 2.34% year-on-year (y-o-y) where the Consumer Price Index (CPI) increased to 100.78 in September 2014, compared to 98.47 in September 2013 (this level is adjusted on the new base of ... read more
Transfers to EDL stood at $524.84M in the first quarter (Q1) of 2014, falling by 8.25% from the same period last year. This was mainly driven by lower payments to the two oil suppliers KPC and SPC, which ... read more
The Central Bank’s (BDL) balance sheet, revealed a 0.79% monthly rise in total assets to $85.93B by mid-October, mostly due to the 0.32% rise in its holding of foreign assets. Foreign assets (excluding ... read more
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