Preface “This time is different because the shock does not have a limited time span.” Six years after publishing this paper on May 31st 2013, Lebanon is facing its most severe financial and economic ... read more
Civic protests erupted in the country on October 17th 2019 triggering economic and political unrest. As a result, the latest data by the Ministry of Tourism revealed the number of tourists in the month of ... read more
September 2019 witnessed the fastest deterioration in the private sector’s business conditions in Lebanon. Economic growth in Lebanon was capped between 0% and 0.5% by Sept.2019, as indicated by the PMI ... read more
According to Kafalat, the number of loan guarantees dropped from 277 guarantees by August 2018 to 47 loans by August 2019. In turn, the total value of issued loan guarantees fell to $5.2M, down from $35.9M ... read more
The BLOM Lebanon PMI stood at 47.8 in August 2019, little-changed from July’s 47.7 score, indicating an annualized growth rate of the economy by 0-0.5%. The score reflects the ongoing operating ... read more
According to Kafalat, the number of loan guarantees dropped from 257 guarantees by July 2018 to 42 loans by July 2019. It followed that the total value of issued loan guarantees slumped from $33.6M by July ... read more
Overview H1 2019 carried political, economic, and social headwinds. Lebanon faced various political, social, and economic difficulties in the first 6 months of 2019, starting with a prolonged delay in ... read more
According to Kafalat, the number of loan guarantees dropped from 228 guarantees by H1 2018 to 38 loans by June of this year 2019. Accordingly, the total value of issued loan guarantees also plunged from ... read more
Abstract The study explores the macroeconomic indications of the Lebanese economy and therefore comes to update the findings of the similar report published in Sept. 2018 and to interpret the impact 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
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here