The Lebanese economy has been struggling during H1 2019. The pressure has been rising to handle the large twin deficits and the very high level of public debt. The Lebanese private sector continued to ... read more
Beirut’s International Airport welcomed 5.04 million (M) passengers in the first 7 months of 2019 compared to 4.84M passengers during the same period last year. The breakdown of the airport’s statistics ...
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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 ...
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According to the Lebanese Ministry of Industry (MoI), the value of total industrial exports grew by a yearly 5.4% to reach $1.14BM in the first five months of 2019. Meanwhile, the value of total industrial ...
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According to the Association of Banks (ABL), the total value of cleared checks fell by a yearly 15.2% to settle at $37.4B in the first eight months of 2019. Correspondingly, the total number of checks ...
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The latest data released by the Ministry of Finance (MoF) revealed Lebanese gross public debt grew by a yearly 3.7% to touch $86B by July 2019. In details, domestic debt (denominated in LBP) increased by a ...
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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 70.20% by July 2019, compared to 61% during the same period ...
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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 18.30% to ...
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The slump in the car market persists in the first 8 months of 2019, as the number of new registered “commercial” and “passenger” cars retreated from 25,153 by August 2018, to stand at 19,151 cars by August ...
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Figures released by the Port of Beirut (PoB) show that the port’s revenues fell by a yearly 13.97% to stand at $119.30M by July 2019. In details, total container activity including transshipment (TEU+TS) ...
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According to the commercial banks’ consolidated balance sheet, Total assets of the banks added 3.89% year-to-date (YTD) to $259.18B by July 2019. It is worthy to note that towards the end of July 2019, the ...
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According to the Central Bank of Lebanon, Lebanon’s Balance of Payments (BoP) witnessed a deficit of $5.32B by July 2019 compared to $757.2M deficit recorded during the same period in 2018. In details, the ...
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According to the central bank’s (BDL) balance sheet, Total assets dropped by 4.5% since year-start, to end the month of August 2019 at $134.2B. In fact, in July 2019 and in an attempt to improve investors’ ...
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Cement deliveries decreased by an annual 32.39% by June 2019 to stand at 1.56M tons, compared to 2.30M tons by June 2018. In addition, the six-month moving average of the number of cement deliveries ...
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According to the Ministry of Finance, transfers to EDL witnessed a significant yearly drop of 26.17% to reach $ 65.85M in January 2019. In details “Payments to fuel and oil gas suppliers KPC and SPC” ...
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According to the latest figures by the Ministry of Finance (MoF), Lebanon’s fiscal deficit (cash basis) narrowed from $3B in H1 2018 to $2.42B in H1 2019. This was attributed to a 7.06% yearly drop in ...
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According to the Orders of Engineers in Beirut and Tripoli, the total number of construction permits fell by a yearly 16.41% to reach 6,947 by July 2019. Accordingly, the Construction Area Authorized by ...
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Lebanon’s trade deficit widened in the first 6 months of the year to reach $8.41B, up by 4.58% compared to the same period in 2018. Regardless of the promising progress in exports, which grew by a yearly ...
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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 ...
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According to the latest balance sheet of Banque du Liban (BDL),Total assets fell by 6.15% since year start to reach $132B in mid-August 2019. In details, Foreign Assets (which grasped 28.23% of BDL’s Total ...
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According to the Central Administration of Statistics (CAS), Lebanon’s average consumer prices rose by an annual 3% in the first seven months of 2019, compared to an annual uptick of 6.23% recorded by July ...
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The slump in the car market persists in the first seven months of 2019, as the number of new registered “commercial” and “passenger” cars retreated from 22,245 by July 2018, to stand at 16,988 cars by July ...
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