According to the Orders of Engineers in Beirut and Tripoli, the number of construction permits rose by 0.48% year-on-year (y-o-y), to reach 11,343 permits by Aug. 2017. However, the Construction Area ... read more
The number of construction permits contracted by a yearly 2.24% to stand at 8,510 permits by June 2017, according to the Order of Engineers in Beirut and in Tripoli. In its turn, the Construction Area ... read more
Real estate advisory firm RAMCO recently released its latest price mapping of the residential real estate market within the Municipal limits of the capital Beirut. The prices are those of stock under ... read more
According to the Central Administration of Statistics (CAS), Lebanon’s average inflation rate climbed by a yearly 4.42% in H1 2017 as compared to an average deflation rate of 2.51% in H1 last year. The ... read more
The political and security stability in the country is still favouring higher leisure and tourism activities in the country. According to E&Y’s Middle East Hotel Benchmark Survey, Beirut’s hotel ... read more
During the first 2 months of 2017, real estate activity witnessed a retreating performance as the total number of real estate transactions decreased by 2.0% y-o-y to reach 12,092. Also, the total value of ... 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
Following five years of outstanding performance, the Lebanese economy entered a new era of distress starting 2011, resulting from an internal instability and a political deadlock. The eruption of the ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market increased over the past week as the value of the Lebanese Pound went up from a quote of $/LP 1,510.5-1,514.5 with a mid-price of ... read more
According to Ernst & Young Middle East hotel benchmark survey, Lebanon’s occupancy rate stood 5th at 56% by November (same as Jordan) amongst the MENA countries, ahead of Egypt, Bahrain, and Kuwait, ... read more