According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of RE transactions, which may include one or more realties, decreased by a yearly 18.20% to reach 27,472 ... read more
The activity at Rafic Hariri International Airport improved in the first half of the year as the total number of passengers rose by an annual 11.94% to 3.9M by June 2018. The rise could be partly ... read more
According to Kafalat, the number of issued loan guarantees stood at 223 guarantees in the first half of 2018 (H1), compared to 311 guarantees issued in H1 2017. The overall value of the guarantees also ... read more
According to Ernest and Young’s Middle East Hotel Benchmark Survey, Beirut’s hotel occupancy rate slipped from 65.5% by May 2017 to 58.6% by May 2018. In fact, the repercussions of the resignation of Prime ... read more
According to the Orders of Engineers in Beirut and Tripoli, the number of construction permits fell by a yearly 14.5% to reach 6,097 by May 2018. The Construction Area Authorized by Permits (CAP) also ... read more
The latest swap operation engineered in May 2018 between the Ministry of Finance (MoF), Banque du Liban (BDL), and commercial banks sent the Lebanese Balance of payments (BOP) into a surplus totaling ... read more
According to the Association of Lebanese Banks (ABL), the value of cleared checks reached $27.7B by May 2018, having contracted by 1.48% compared to the same period in 2017. Similarly, the total number of ... read more
The balance sheet of the Lebanese Central Bank (BdL) revealed that total assets reached $128.79B in mid- June 2018, recording a 2.8% increase from Mid-May’s 2018 level. Foreign assets, constituting 35% of ... read more
According to Ernest and Young’s Middle East Hotel Benchmark Survey, Beirut’s hotel occupancy rate slipped from 64.5% by April 2017 to 60.5% by April 2018. The average room rate of Beirut’s 4 and 5 stars ... read more
According to the Association of Lebanese Banks (ABL), the value of cleared checks reached $22.13B by April 2018, down by 1.39% compared to the same period last year. Likewise, the total number of cleared ... read more
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