The visit of Jesse Baker, (Deputy Assistant Secretary of the Treasury for Asia and the Middle East in the Office of Terrorist Financing and Financial Crimes) to Lebanon on March 7-8, 2024, has raised ... read more
The Rafic Hariri International Airport activity rose during the first 11 months of 2016, where the total number of passengers increased by a yearly 7.44% to 7.12M. The number of arrivals to Lebanon went up ... read more
According to the data published by the Lebanese Cadastre Registry, during the first eleven months of this year, the real estate activity witnessed a slight yearly increase. The total number of real estate ... read more
According to the Association of Lebanese Car Importers, the total number of newly registered commercial and passenger cars dropped 5.42% year- on- year (y-o-y) to 35,976 cars by November 2016. In details, ... read more
Lebanon’s gross public debt registered a yearly rise of 7.91%, to stand at $74.51B by October 2016. In details, debt in local currency, LBP, grasping 61.06% of the total gross public debt, grew by 5.97% ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
According to Lebanon’s commercial banks’ balance sheet, total assets witnessed an uprise of 7.36% year-to-date (y-t-d) and 9.55% annually to $199.67B by October 2016. On a year-to-date basis, reserves rose ... read more
The board of directors of Bank Audi called on the bank’s shareholders to attend an extraordinary general assembly meeting which is to be held at the bank’s headquarters on the 21st of December 2016 at ... read more
Lebanon’s Balance of Payments (BoP) a $125.3M deficit during the first 10 months of the year, compared to a deficit of $2.17B by October 2015. As such, BDL’s Net Foreign Assets (NFA) recorded an increase ... read more
According to the Ministry of Finance (MoF), total transfers to EDL stood at $438.82M by July 2016, 40.4% lower than its level in the same period of 2015. In details, $429.42M are transferred for the ... read more
According to the Lebanese Customs, Lebanon’s trade deficit broadened by 7.92 % to $13.16B by October 2016, as exports increased by a yearly 2.75% to $2.56B, while imports added 7.04% y-o-y to $15.72B. On ... read more
The balance sheet of the Lebanese Central Bank (BdL) revealed a 13.28% rise y-t-d in BDL’s assets to $102.98B. BDL’s foreign assets, constituting 39.10% of total assets, registered a 8.56% increase from ... read more
According to the Association of Banks in Lebanon (ABL), Lebanon’s value of cleared checks plunged by 6.49% year-on-year (y-o-y), where the number of checks cleared by Banque du Liban reached 10.26M worth ... read more
By the first 3 quarters of the year, cement deliveries observed an uptick, rising by a yearly 5.05% to 3.89M tons compared to 3.71M tons by September 2015. This rise could be partially attributed to the ... read more
During the extraordinary general assembly held on November 26 , 2016, Bank Audi shareholders agreed upon the decision to raise the bank’s capital from LBP 668.19B ($443.24 M) to LBP 672.33B ($ 445.99 M) ... read more
According to the Ministry of Finance, personnel costs increased by a yearly 4% to $2.41B by June 2016. In details, this rise in personnel costs can be attributed to the 4% year-on-year incline in payments ... read more
According to the Orders of Engineers in Beirut and the North, the number of permits rose by 14.50% year-on-year (y-o-y) to 14,380 during the first 10 months of 2016, versus 12,559 during the same period in ... read more
The Régie Libanaise des Tabacs et Tombacs, will produce international brands “Gitanes”, “Gauloises” and “West” in its factory as per an agreement signed between the Lebanese manufacturer and the UK-based ... read more
According to the Ministry of Finance, Lebanon’s fiscal deficit broadened by 27.13% to reach $2.53B by August 2016, versus a deficit of $1.99B in the same period in 2015. The 4.13% year-on-year (y-o-y) ... read more
According to the Ministry of Industry, the value of total industrial exports dropped from $242.5M in September 2015 to $184.3M in September 2016. The main exported products were Machinery and Electrical ... read more
According to the Central Administration of Statistics (CAS), the Lebanese economy’s average inflation rate stood at -1.42% year-on-year (y-o-y) by Oct.2016. Primarily, “Transportation” (13.10% of CPI) and ... read more
According to Banque du Liban’s Balance Sheet (BDL) , total assets dropped to $103.44B by mid-November 2016 compared to mid-October 2016. Over the same period, Foreign Assets, which represent 39.22% of ... read more
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