Abstract Besides the fiscal policy card, a government anywhere in the world has a less “popular” yet equally powerful tool to preserve and nurture national economic growth. It is the ability to design, ... read more
The current economic slowdown along with the central bank decision to stop allocating subsidized housing loans are negatively weighing on the construction sector. According to the Orders of Engineers in ... read more
According to Kafalat, the number of loan guarantees dropped from 398 guarantees by August 2017 to 271 loans by August 2018. The overall value of the guarantees also plunged from $47.93M in the same period ... read more
Lebanon’s trade deficit widened by 8.54% to $10.14B by July 2018 as a result of a 8.19% increase in imports to $11.90B, which outweighed the 6.23% rise in exports to $1.76B. In terms of imports, the ... read more
Port of Beirut (PoB) registered a marginal 0.38% yearly increase in its revenues during the first seven months of the year to reach $138.68M. Total container activity including transshipment (TEU+TS) rose ... read more
According to the Ministry of Industry, the total value of industrial exports increased by an annual 4.43% to reach $1.26B in H1 2018. In term of imports, the total value of imports of industrial machinery ... read more
The financial statements of the “Societe Libanaise des Ciments Blancs” revealed a plunge in the company’s profits from $4.45M by end 2017 to $2.22M by June 2018. In fact, net sales plummeted, going from ... read more
According to the Ministry of Finance , Lebanon’s fiscal deficit expanded from $844.73M by April 2017 to $1.91B by April 2018. In fact, fiscal revenues witnessed an annual increase of 3.44% to reach $3.81B ... read more
The board of directors (BoD) of Bank of Beirut (BOB) invited its shareholders this week to an extraordinary general assembly at the bank’s headquarters in Foch Street, downtown Beirut. The meeting will ... read more
According to Holcim’s balance sheet as of June 2018, the company’s assets retreated by 6.3% year-to-date (y-t-d) to $247.66M. Meanwhile, total equity grew by 7.43% since the beginning of the year, to ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets grew by 7.49% year-to-date (y-t-d), to stand at $236.31B by July 2018. In details, Reserves (constituting 51.01% of total ... read more
