The BLOM Stock Index (BSI) recorded a rise of 1.47% in the past two weeks to reach 1,161.43 points on January 5, 2018. Accordingly, the market capitalization reached $10.58B this, up from $10.43B, on ... read more
How much oil and gas? In 2010, the US Geological Survey estimated large undiscovered oil and gas reserves in the eastern Mediterranean region. The area in question, the Levant Basin Province delineated by ... read more
According to the Orders of Engineers in Beirut and Tripoli, the number of construction permits declined by an annual 2.94%, to settle at 15,278 permits by November 2017. However, the Construction Area ... read more
The balance sheet of Lebanon’s commercial banks revealed that total assets grew by 5.62% year-to-date (y-t-d) to reach $215.79B by October 2017 compared to $204.31B in December 2016. The rise can be ... read more
Demand for the local currency on the Lebanese forex market steadied, with the value of the Lebanese Pound trading within the range of $/LP 1,514 – 1,514. 5 with a mid-price of $/LP 1,514.25 since ... read more
According to Kafalat, the number of loan guarantees dropped from 665 guarantees by November 2016 to 509 guarantees by November 2017. The overall value of the guarantees dropped by 28% year-on-year (y-o-y) ... read more
Lebanon has been through many tough economic times, but none quite like current times. The novelty in the economic slowdown Lebanon has been witnessing since 2011 is most strikingly its prolonged nature. ... read more
The World Bank recently released a report entitled “The Tech Start up Ecosystem in Beirut” in which it attempts to portray the status of this budding scene in Lebanon. The World Bank’s findings are based ... read more
According to the latest Business Monitor International (BMI) report on Pharmaceuticals and Healthcare in Lebanon, the market will register modest growth in the next few years. BMI believes that, among ... read more
During the week of 19 – 26 October 2017, Broad Money (M3) declined by a weekly LBP 418B ($277M) to reach LBP 208,458B ($138B). Nonetheless, M3 grew by 7.36% on a year-on-year basis and by 4.73% since ... read more
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