According to Global Blue’s Jan to Dec 2019 “Globe Shopper Spending” report for Lebanon, total tourist spending declined yearly by 1.75% and the Read More
Bank Audi’s exclusive negotiations with First Abu Dhabi Bank are currently underway, as the former considers selling its Egyptian subsidiary, referred Read More
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Lebanon’s 4- and 5-star hotels reached 65.20% by Read More
Q4 2019 witnessed substantial developments in the country which hampered the tourism activity as reflected in our post earlier this week, with the Read More
The Board of Directors (BoD) of Audi Bank called the shareholders to attend an extraordinary general assembly meeting scheduled on Thursday February 20Read More
The fourth quarter of 2019 was particularly challenging for Lebanon, both externally and internally, given that October ushered in an open-ended eruption of Read More
The Central Bank’s (BDL’s) balance sheet started the year with a 0.43% year-to-date (y-t-d) uptick in its total assets which stood Read More
The onset of the civic protest across Lebanon on October 17th and the ensuing financial and economic repercussions, namely the imposition of Read More
Lebanon’s trade deficit narrowed in the first 11 months of the year to reach $14.81B, down by 7.79% compared to the same period Read More
BLOM Bank’s extraordinary General Assembly held on January 14th approved the terms of raising the bank’s Common Equity Tier I Read More
