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
In 2023, the World Bank unveiled its latest Worldwide Governance Indicators (WGI) database, evaluating governance across six critical areas: “Voice and Accountability”. “Political Stability and Absence of ... read more
According to the General Directorate of Land Registry and Cadastre (LRC), the cumulative number of real estate (RE) transactions reached 26,430, valued at $2,653M by September 2024. This valuation is ... read more
Bank Audi published on 15 November, 2024 its non-audited financial results for Q3 2024. In its statement, Bank Audi said that “ (1) The continued absence of the required reform pack to address the impact ... read more
Note: Damage to commerce, health, housing, and tourism and hospitality are assessed based on data as of October 27, 2024, while damage to agriculture and environment are assessed based on data as of ... read more
In a significant step toward supporting Lebanon amidst escalating humanitarian and security challenges, the international community pledged nearly $1 Billion at the October 2024 Paris conference. This aid ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets declined annually by 10.76% to stand at $104.58B by July 2024 amid BDL’s adoption of a new exchange rate of LBP 89,500 per ... read more
BDL compiled its July 2024 BOP 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 ... read more
For millions of Lebanese and refugees, food security is becoming harder to attain. As such, in this time of distress, the World Food Program (WFP) has been instrumental in helping to feed Lebanese citizens ... 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
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