According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels slipped to an all-time low of 16% by November 2020, down from last year’s registered ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 4.73% compared to last year, to reach $148.68B by the mid-January 2021. The increase was mainly due to the 19% ... read more
This is a critical summary of the World Bank report (Lebanon Economic Monitor: The Deliberate Depression, Fall 2020). It assesses how Lebanon’s economy can recover by applying reforms while taking into ... 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
According to Lebanon’s Ministry of Finance (MoF), personnel costs decreased annually 2.26% to reach $4.34B by August 2020. This decline was driven by the 55.13% fall in “End of service indemnities”. ... 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 Lebanese economy continues to suffer while policymakers are failing to form a new government to apply the necessary reforms in order to unlock the international financial support. According to the ... read more
Lebanese Forex Market To-date, the Lebanese Pound (LP) remained steady within the official range of USD/LBP 1,514 to 1,514.5, with a mid- price of USD/LBP 1,514.25 in the week of December 18, 2020. The peg ... 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
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 10.48% since year-start, to reach $148.64B by end of December 2020. The increase was mainly due to the 25% ... read more
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