Lebanese Forex Market To-date, the Lebanese Pound (LP) remained steady within the official range of US $/LP 1,514 to 1,514.5, with a mid- price of $/LP 1,514.25 by the week of November 27, 2020. The peg to ... read more
Treasury transfers to Electricite du Liban (EDL) slipped by an annual 5.2% (or the equivalent of $72.15M), to stand at $1.31B in the first ten months of 2019 as per the latest data published by the ... read more
Lebanon trade balance deteriorated in the first half of 2019 due mainly to the large increase in oil imports. Lebanon’s trade deficit widened in the first 6 months of the year to reach $8.41B, up by 4.58% ... read more
2018 recorded strong losses in asset prices and high volatility, with all major equity indices ending the year in the red and for most it was their worst annual performance since 2008. However, Equity ... read more
According to the Ministry of Finance, transfers to EDL witnessed a significant yearly increase of 37.87% to reach $ 1.23B by September 2018. In details “Payments to fuel and oil gas suppliers KPC and SPC” ... read more
In the first half of 2018, Lebanon has failed to maintain a positive uptrend in its trade activity despite the improving political scene in Lebanon and the region. Lebanon’s trade deficit widened in the ... read more
Saudi Arabia’s new crown prince, Mohammad Bin Salman, dubbed “MBS”, made headlines in 2017. MBS’s arrival to power is in itself a controversial shakeup; in fact, it was Mohammad bin Nayef and not MBS who ... read more
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