The Ministry of Finance (MoF) recently released updated figures of Lebanon’s debt, which revealed an annual uptick in gross public debt during the first four months of the year. Lebanon’s gross ... read more
The latest figures released by the Association of Banks (ABL) revealed that the total value of cleared checks lost a yearly 16.3% to stand at $27.5B in the first six months of the year. By the same token, ... read more
According to the Association of Lebanese Car Importers (AIA), the number of new registered “commercial” and “passenger” cars lost an annual 24% to stand at 13,889 cars by June 2019. In fact, the number of ... read more
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Lebanon’s 4- and 5-star hotels reached a 4-year high of 67.8% by May 2019, compared to 58.6% during the same period ... read more
Abstract Lebanon’s fiscal performance weakened considerably in 2018. The country lost the primary surplus to a primary deficit and recorded a 10-year high fiscal deficit of $6.25B. The exacerbated fiscal ... read more
The June 2019 BLOM Lebanon Purchasing Managers’ Index (PMI) stood at 46.3 in-line with May’s reading, mainly driven by output and new orders indices at less than 44. Meanwhile, economic growth remains ... read more
The latest figures released by Lebanon’s Ministry of Tourism revealed a remarkable growth in the tourism sector in the first five months of 2019, foreshadowing a promising summer season which is usually ... read more
The activity at Beirut International Airport improved with the total number of passengers recording an annual uptick of 4.43% to reach 2.57M travelers during the first four months of 2019. In fact, the ... read more
Figures released by the Port of Beirut (PoB) show that the port’s revenues fell by a yearly 13.42% to stand at $85.9M by May 2019. In details, total container activity including transshipment (TEU+TS) ... read more
According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of real estate (R.E) transactions which may include one or more realties, dropped by a yearly 16.22% to ... read more
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