The central bank issued on May 27, 2020 two separate Circulars, Nos. 556 and 557, providing commercial banks with foreign currency to finance the imports of Read More
According to Lebanon’s Ministry of Finance (MoF), personnel costs declined by an annual 0.22% to reach $5.88B by November 2019 compared to the Read More
The slump in the car market persisted in Q1 of 2020, as the number of new registered “commercial” and “passenger” cars retreated yearly Read More
According to the central bank’s (BDL) balance sheet, total assets rose by 5.48% since year-start, to stand at $149.10B in mid-May 2020. In Read More
Audi Bank released an official announcement on May 18th 2020 in which it clarified its mutual agreement with First Abu Dhabi Bank (FAB) Read More
According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of real estate (R.E) transactions Read More
The cash-basis fiscal deficit of Lebanon climbed to a 10-year high of $670.4M in Jan. 2020, after registering a $72.83M deficit in the Read More
During the first 2 months of 2020, Lebanon’s trade deficit totaled $1.43B, narrowing from the $2.23B registered in the same period last year. Read More
In a regional analysis of the hospitality sector performance presented by Ernst & Young’s Middle East (ME) Hotel Benchmark Survey, key Read More
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $1.09B in the first quarter of 2020, compared to Read More
