In its update on Lebanon, published in April 2021, the World Bank report estimates Lebanon’s Real GDP growth to contract by 20.3% in Read More
Concerned for the tech industry, and encouraged by the high education level and entrepreneurial spirit, the Central Bank in Lebanon issued the Read More
In a letter addressed to Finance Minister Mr Ghazi Wazni, Governor Riad Salameh stated resolutely that BDL is no longer capable of Read More
Although the global pandemic, Covid-19, is still affecting the world, countries across the globe are trying to cope with it by finding Read More
The economic situation in Lebanon have had wide ranging implications on construction companies at the time the real estate sector is going Read More
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $751.2M by February 2021, compared to a deficit of $505.3Read More
Along with the financial crisis and political uncertainty, Lebanese banks are continuously restrained. Total assets of Lebanese commercial banks increased by 0.05%, year-to-date (Read More
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 4.06% compared to last year, to Read More
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels slipped to 29% Read More
The figures released by the Port of Beirut (PoB) revealed an annual slump of 37.97% in the Port’s revenues which settled at $7.67Read More
