According to the Association of Lebanese Car Importers, the total number of newly registered commercial and passenger cars fell by 21.90% year- on- year (y-o-y) to 3,966 cars by February 2019. In details, ... read more
According to the latest report published by Ernst & Young, Beirut’s hotel occupancy rate rose by 1.4 percentage points from 63.7% in 2017 to 65.1% in 2018. The average room rate (ARR) of Beirut’s 4 and ... read more
January 2019 witnessed the highest monthly BOP deficit of $1380M since 1993, only July 2006 (launch of Israeli war on Lebanon) came close to it with a deficit of $1188M. The political tensions ahead of the ... read more
The Central Bank’s (BDL’s) balance sheet posted an 18.81% y-o-y (year on year) increase in its total assets, to $145.29B by February 2019. BDL’s foreign assets (grasping 26.76% of total assets) fell by ... read more
According to Lebanon’s Ministry of Finance (MoF), personnel costs rose by an annual 22.7% to reach $940M by Feb. 2018. In fact, the eminent growth in personnel costs was driven by the parliament’s ... read more
According to the Orders of Engineers in Beirut and Tripoli, the total number of construction permits fell by a yearly 27.44% to reach 841 in the first month of 2019. Accordingly, the Construction Area ... read more
According to the Central Administration of Statistics (CAS), consumer prices rose by an annual 3.17% in the first month of 2019, compared to an average inflation rate of 5.55% in January 2018. The rise is ... read more
According to Kafalat, the number of issued loan guarantees stood at 8 guarantees in January 2019, compared to 39 guarantees in January 2018. The large drop in Kafalat guarantees can be attributed to the ... read more
According to the Ministry of Finance, Lebanon’s gross public debt reached $85.13B by the end of the year, adding an annual 7.06% on the back of the rise in both, local currency debt and foreign currency ... read more
According to the Association of Banks (ABL), the total value of cleared checks retreated by a yearly 16.71% to stand at $4.9B in January 2019. Similarly, the total number of checks over the same period ... read more
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