The BLOM Lebanon PMI for September 2025 rose to 51.5 from August’s 50.3, marking the fastest rate of improvement in private sector operating conditions since May 2013 and a second consecutive month in ... 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 7.43% to reach 7,511 permits by September 2024 due to ... read more
Byblos Bank published early this month its un-audited, consolidated financial results for end June 2024. As expected, the results were impacted by the current crisis and the state of war affecting the ... read more
BDL compiled September 2024 data using the two below sources as per the IMF recommendation to align with the International Norms: The “Sixth Edition of the Balance of Payments and International Investment ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets declined by 7.82% on year over year (YoY) basis to stand at $103.88B by September 2024 amid BDL’s adoption of a new ... read more
On December 2nd, 2024 Goldman Sachs published its CEEMEA Economics Analyst Report, Revisiting Lebanon Debt Recovery Values, in which it revisits its previous January 2019 estimates of Lebanese debt ... read more
On November 21st, 2024, the Central Bank issued intermediate circulars 715/13677 and 716/13678 to modify basic circulars 150/13217 and 154/13262 respectively. Intermediate circular 715 modified basic ... read more
Lebanon is facing an unmatched food security crisis, driven by a combination of economic instability, escalating conflict, and structural deficiencies in agriculture and market systems. These challenges ... read more
According to the balance sheet of Banque du Liban (BDL), the Central Bank’s total assets declined by 12.17% annually, to reach $93.83B by end of November 2024, amid adopting the 89,500 LBP/USD official ... read more
The war has profoundly impacted Lebanon on multiple fronts, with agriculture being one of the hardest hit sectors. Lebanon’s economy, already fragile due to a prolonged financial crisis since 2019, has ... read more
The activity at Rafic Hariri International Airport has decreased in October 2024 for the 10th consecutive month, as the Israeli-Hezbollah war in Lebanon escalated dramatically. Countries worldwide urged ... read more
The Lebanese Company for the Development and Reconstruction of Beirut Central District S.A.L. (SOLIDERE) announced its audited financial results for 2023. The company reported an increase in net losses to ... read more
According to market sources, Lebanese car market expanded by 84.09% YOY by October 2024 to 7,163 cars. On a monthly basis, 477 cars were sold in October 2024. The distribution of cars was as follows: ... read more
The World Bank Group’s Business Ready 2024 (B-READY) report represents a significant shift in evaluating global business environments. It not only assesses the regulatory environment but also includes ... 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 384,251 checks by October 2023 to ... read more
Lebanon’s annual inflation rate dropped to 15.68% in October 2024, down from 32.92% in September 2024, marking its lowest level since February 2020, according to the Central Administration of Statistics ... read more
BLOM Bank published on 26 November, 2024 its non-audited financial results for Q3 2024. In its statement, BLOM Bank said that “the net Income for the year shown in the Profit and Loss Statement, is mainly ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets declined annually by 8.06% to stand at $104.56B by August 2024 amid BDL’s adoption of a new exchange rate of LBP 89,500 per ... read more
BDL compiled August 2024 data using the two below sources as per the IMF recommendation to align with the International Norms: The “Sixth Edition of the Balance of Payments and International Investment ... read more
The World Bank recently published the Worldwide Governance Indicators (WGI). In this respect, the Middle East and North Africa (MENA) region ranked in the mid-range on global anticorruption ... read more
In a recent article for the October 2024 Monthly Bulletin, the Secretary General of the Association of Banks in Lebanon (ABL), Dr. Fadi Khalaf, discusses the challenges faced by Lebanon’s placing on the ... read more
According to the balance sheet of Banque du Liban (BDL), the Central Bank’s total assets declined by 11.86% annually, to reach $93.96B by mid November 2024, amid adopting the 89,500 LBP/USD official rate ... read more
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