According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels reached 27% by March 2021, down from last year’s registered 22% during the same ... read more
According to Ministry of Finance (MoF) latest figures, Lebanon’s fiscal deficit (cash basis) stood at $2.71B by the year 2020, down from last year’s $5.83B. In detail, the substantial deficit is attributed ... read more
As per the data published by the Association of Lebanese Banks’ (ABL), the total number of cleared checks in the Lebanese financial system slumped from 2,496,338 checks by May 2020 to 1,550,236 checks by ... read more
The performance of the Eurobonds market in Lebanon is highly correlated with the domestic and geopolitical issues. However, High volatility in its prices has been significantly remarkable since the default ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
The data released by the Ministry of Finance (MoF) recently, indicated that Lebanon’s gross public debt hit $96.82B in the second month of 2021, thereby recording an annual increase of 5%. The rise is ... read more
Lebanese banks today are surrounded by an increasingly volatile environment, fierce challenges and growing problems that are taxing their capabilities during the continuous financial crisis. In turn, total ... read more
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels slipped to 24% by February 2021, down from last year’s registered 38% during the same ... read more
The Lebanese economy continues to suffer while policymakers are failing to apply the necessary reforms in order to unlock the international financial support. Moreover, according to the latest World Bank ... read more
BDL’s latest statistics on money supply revealed that Broad Money (M3) increased by LBP 63B ($42M) to stand at LBP 201,768B ($133.84B) by the week ending April 29, 2021. As such, on an annual basis, M3 ... read more
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