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
Lebanese Ministry of Finance issued, in early November 2023, a report in the wake of the recent developments stating that Lebanon lacks the necessary resources to face the repercussions of a potential war, ... read more
In its meeting on 1/11/2023, the Council of Ministers (COM) discussed enacting a law proposed by the Deputy Prime Minister that would tax the profits (in fresh USD) made by bank clients who redeemed their ... read more
Since September 2019, Lebanon’s economic landscape has been marked by severe turbulence, primarily driven by skyrocketing inflation and a staggering devaluation of the Lebanese pound against the US ... 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 slumped from 1,306,237 checks by September 2022 to 353,183 ... read more
The Lebanese banking sector, historically known for its stability and secrecy, has faced significant challenges in recent years. It was characterized by a large and sophisticated network of banks that ... read more
The activity at Rafic Hariri International Airport recorded a significant improvement by September 2023 compared to the same period last year. In fact, the number of Beirut’s International airport ... 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
2020 (%) CI Growth GDP Growth Q1 -12.7 -16 Q2 -31.9 -32 Q3 -6.9 -34 Q4 10.8 -20 Average -10.2 -25.5 Source: BDL and CAS Average CI growth in July-September 2006: -27.3% Estimated Growth in ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets fell by 42.89% compared to last year, to reach $105.52B by mid-October 2023, amid adopting the 15,000 LBP/USD ... read more
In Lebanon, people are closely monitoring the latest updates from the Central Bank of Lebanon (BDL), particularly in regards to its foreign assets. These assets play a crucial role in understanding the ... read more
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels reached 45.2% percentage points (pp) by July 2023, down from last year’s percentage of ... read more
According to the data revealed by “Rasamny Younis Motor sal”, Lebanese car market improved by 35.64% YOY by July 2023. In more details, for the period ending July 2023, the cumulative number of sold cars ... read more
According to BDL’s latest monetary report, the BOP recorded a surplus of $1.07B by August 2023, far beyond the deficit over the same period last year of $3.10B. Accordingly, Net foreign Assets (NFAs) of ... read more
In its latest World Economic Outlook of October 2023, the International Monetary Fund (IMF) stated that despite showing economic resilience earlier this year, it’s important to remain cautious. The ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased annually by 32.61% to stand at $113.72B by August 2023 amid BDL’s adoption of a new exchange rate of LBP 15,000 ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets fell by 41.07% compared to last year, to reach $105.09B by end of September 2023. The fall was mainly due to the ... read more
Total container activity including transshipment (TEU+TS) increased by a yearly 19.79% to stand at 473,328 twenty-foot equivalent unit (TEU) for the month of July 2023, with transshipment activity (TS) ... read more
Lebanon’s Central Bank issued intermediate Circular 679 modifying basic decision 13100 on Tuesday October 03, 2023 by which it advises banks to regulate their commissions charged on customers’ ... 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
According to the data from the Orders of Engineers in Beirut and Tripoli, the total construction permits witnessed a year-on-year (YOY) remarkable decrease of 43.02% to reach 7,067 permits by August 2023. ... read more
The Lebanese crisis has actually ‘scored a trifecta’ of crises, in that it combined an exchange rate crisis with debt and banking crises. The exchange rate crisis has been very severe, as the country saw ... read more
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