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 market sources, Lebanese car market expanded by 10.98% YOY by June 2024, rising from 3,635 cars in June 2023 to 4,034 cars in June 2024. On a monthly basis, 1,325 cars were sold in June 2024. ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets declined by 10.51% compared to last year, to reach $94.33B by mid-July 2024, amid adopting the 89,500 LBP/USD ... read more
According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI), representing the evolution of goods and services’ prices consumed by households, revealed that Lebanon’s ... read more
The activity at Rafic Hariri International Airport has decreased in June 2024 for the sixth consecutive month due to the prolonged conflicts on the Lebanese southern border. As such, the cumulative count ... read more
According to the data by the Ministry of Tourism, the number of incoming visitors witnessed an annual drop of 14.54% in April 2024, reaching 340,290 by April 2024, compared to 398,186 by April 2023. This ... 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 4.74% to reach 4,821 permits by June 2024 due to several ... read more
According to BDL’s latest monetary report, the BOP recorded a surplus of $786.1M by May 2024, far less than the surplus over the same period last year of $1,231.3M. Accordingly, Net Foreign Assets (NFAs) ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets declined annually by 9.48% to stand at $104.29B by May 2024 amid BDL’s adoption of a new exchange rate of LBP 89,500 per ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets declined by 10.10% compared to last year, to reach $93.92B by end of June 2024, amid adopting the 89,500 LBP/USD ... read more
The Central Bank issued on 27/06/2024 two intermediate circulars 697/13644 and 698/13645 related to basic circulars #158 and #166 respectively. For a refresher, basic circular #158 was issued on 08/06/2021 ... read more
New data released by the Central Administration of Statistics revealed that nominal GDP in 2021 stood at 245.5 7 trillion LBP; whereas real GDP (in terms of 2019 prices) was 61.75 trillion LBP, compared to ... read more
Blom Bank published on 5 July, 2024 its audited financial results for 2023 and its non-audited financial results for Q1 2024. In its statement, Blom Bank said that “the net Income for the year shown in the ... read more
Total container activity including transshipment (TEU+TS) fell by a yearly 7.3% to stand at 225,661 twenty-foot equivalent unit (TEU) for the month of April 2024, with transshipment activity (TS) dropping ... read more
Bank Audi published on 1 July, 2024 its audited financial results for 2023 and its non-audited financial results for Q1 2024. In its statement, Bank Audi said that “ (1) The continued absence of the ... read more
According to the data from the General Directorate of Land Registry and Cadastre (LRC), the cumulative number of Real estate (RE) transactions reached 12,950 valued at $1.64B by May 2024, calculated at the ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets declined by 10.33% compared to last year, to reach $93.91B by mid of June 2024, amid adopting the 89,500 LBP/USD ... read more
Thomas Picketty’s seminal work, Capital in the Twenty-First Century (2014), has re-awakened a dormant interest in income distribution in developed and developing countries alike. That, fortunately (or ... 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 231,909 checks by May 2023 to ... read more
According to the data revealed by “Rasamny Younis Motor Co sal”, Lebanese car market expanded by 3.99% YOY by May 2024, rising from 2,605 cars in May 2023 to 2,709 cars by May 2024. On a monthly basis, 891 ... read more
On December 16th, 2021, BDL issued circular 161/13384 that allowed people and companies to purchase US dollars at an exchange rate on the Sayrafa platform which is determined by BDL on daily basis. There ... read more
According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI), representing the evolution of goods and services’ prices consumed by households, revealed that Lebanon’s ... read more
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