The board of directors (BoD) of BLOM Bank invites all shareholders for the annual general assembly to be held at the bank’s headquarters in Verdun, Beirut on April 11, 2018 at 12 pm. The meeting’s agenda ... read more
The value of cleared checks added 1.43% during the first two months of the year 2018, revealing a slight improvement in consumption levels. In fact, according to the Association of Banks (ABL), the number ... read more
According to the Ministry of Finance (MoF), Lebanon’s gross public debt reached $80.39B in the first month of 2018, up by 5.53% year-on-year (y-o-y). In details, local currency debt (denominated in LBP) ... read more
The activity in Lebanon’s real estate (RE) sector in the first two months of 2018 continued to register an improvement in performance driven by the support of BDL’s “expatriate mortgage” initiative in end ... read more
According to the Orders of Engineers in Beirut and Tripoli, the total number of construction permits fell by a yearly 1.45% to reach 1,159 in the first month of 2018. Accordingly, the Construction Area ... read more
Activity at the Beirut International Airport grew in January 2018 as the total number of passengers rose by 10.88% year-on-year (y-o-y) to reach 597,768 passengers. The improved airport activity came on ... read more
According to the Association of Lebanese Car Importers (AIA), the number of newly registered commercial and passenger cars deteriorated during the first 2 months of 2018 by 4.05% year-on-year (y-o-y) to ... read more
Activity at the Port of Beirut (PoB) witnessed an improvement by February 2018 as the port’s revenues recorded a 10.29% yearly increase to $39.85M. Total container activity including transshipment (TEU+TS) ... read more
Lebanon’s fiscal deficit narrowed by 25% year-on-year (y-o-y) to $2.50B by the October 2017. This was attributed to the 12.86% yearly increase in fiscal revenues, to $9.62B, outpacing the 6.34% annual ... read more
According to Ernst and Young’s Hotel Benchmark Survey, following the shocking resignation of PM Saad Hariri, which shook the Lebanese political scene, Beirut’s hotel occupancy rate in December 2017 dropped ... read more
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