Banque Du Liban (BDL) recently released its Macroeconomic Review for the first half of 2025, offering a comprehensive assessment of Lebanon’s economic trajectory, monetary conditions, Balance of Payments ... read more
According to the Ministry of Tourism’s data, the number of incoming visitors witnessed an annual drop of 24.03% by August 2024, reaching 933,976 by August 2024. This drop is due to the security situation ... read more
Total cumulative container activity dropped by 7.46% annually to 575,424 TEU by September 2024, amid the escalation of the Israeli-Hezbollah war in Lebanon. Transshipment activity, which involves cargo ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets declined by 11.49% annually, to reach $94.06B by the end of October 2024, amid adopting the 89,500 LBP/USD official ... read more
Lebanese Eurobonds have recently gained attention in global financial news. The Blom Bond Index, which tracks these bonds, has traded near its highest level in recent weeks since the start of the ... read more
According to the General Directorate of Land Registry and Cadastre (LRC), the cumulative number of real estate (RE) transactions reached 23,983, valued at $2,466M by August 2024. This valuation is ... read more
The Lebanese economy is on a tailspin, having undergone a severe financial crisis and, since September 2024, a major war escalation with Israel. Estimates of the effects of the crisis and war on ... read more
According to market sources, Lebanese car market expanded by 71.83% YOY by September 2024 to 6,686 cars. On a monthly basis, 927 cars were sold in September 2024. The distribution of cars was as follows: ... read more
Total cumulative container activity dropped by 8.7% annually by August 2024, amid the escalation of the Israeli-Hezbollah war in Lebanon. Transshipment activity, which involves cargo transferred from one ... read more
The International Monetary Fund (IMF) reports that the Middle East and North Africa (MENA) region is still expected to grow but at a slower pace than previously projected due to conflicts and ... read more
According to the data published by the Association of Lebanese Banks’ (ABL), the total number of cleared checks in the Lebanese financial system decreased remarkably from 353,183 checks by September 2023 ... read more
The activity at Rafic Hariri International Airport has decreased in September 2024 for the 9th consecutive month, as the Israeli-Hezbollah war in Lebanon escalated dramatically. Countries worldwide urged ... read more
Abu Dhabi’s ADQ has signed a definitive agreement to acquire 96% of Odeabank, a Turkish subsidiary of Lebanon’s Bank Audi, as announced on October 15, 2024. The deal includes shares from Bank ... read more
On Friday October 25th, 2024, Lebanon was officially listed on the Paris-based Financial Action Task Force (FATF) Grey List for not implementing the required actions to combat money laundering and ... read more
This economic digest discusses the presentation by Mr. Pierre-Olivier Gourinchas, the Economic Counselor and the Director of Research of the IMF, for the World Economic Outlook. Mr. Gourinchas states that ... read more
Lebanon’s annual inflation rate fell to 32.92% in September 2024, from 35% in August 2024, recording its lowest level since March 2020, according to the Central Administration of Statistics (CAS). The ... read more
In this economic digest, we will discuss the path of M3 from June 2021 to September 2024. The formula of M3 is as well known: M3 = M2 + Deposits in Foreign Currency = Currency in Circulation + Demand ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets declined by 10.6% annually, to reach $94.3B by the first half of October 2024, amid adopting the 89,500 LBP/USD ... read more
The Institute of International Finance (IIF) published on October 11, 2024, a report titled, War in the Middle East: At an Inflection Point, that analyzed the economic implications of the Israel-Lebanon ... read more
According to the data from the Orders of Engineers in Beirut and Tripoli, the total construction permits witnessed a year-on-year (YOY) decrease of 3.89% to reach 6,792 permits by August 2024 due to ... read more
In this economic digest, we will tackle M2 from June 2021 to September 2024. The formula of M2 is as follows: M2 = M1 + Other Deposits in LBP = Currency in Circulation + Demand Deposits in LBP + Other ... read more
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