According to Bank BEMO’s unaudited consolidated financial statements, the bank’s profit for H1 2019 increased by a yearly 10% to reach $9.00M. Read More
The consolidated financial statements of Byblos Bank revealed a yearly down tick of 10.48% in profits to $59.9M in the first half of 2019 (Read More
Lebanon’s average consumer prices rose by 3.26% year-on-year (y-o-y) in H1 2019 compared to an annual uptick of 6% recorded in H1 2018 according to Read More
Cement deliveries decreased by an annual 33.42% by May 2019 to stand at 1.28M tons, compared to 1.92M tons by May 2018. In addition, the Read More
In its latest paper, titled “MENA HY: Oman or Lebanon?” published on July 23, 2019, Morgan Stanley Bank discussed the different fiscal, banking and Read More
Figures released by the Ministry of Finance (MoF) revealed that Lebanon’s gross public debt climbed by a yearly 3.5% to hit $85.37B Read More
Lebanon’s fiscal deficit (cash basis) narrowed from $1.91B by April 2018 to $1.38B by April 2019. This was attributed to an 11.86% yearly drop Read More
Lebanon’s trade deficit for the first 5 months of 2019 stood at $7.32B, widening from $6.64B in in the same period last week, Read More
According to Global Blue’s Q1 2019 “Globe Shopper Spending” report for Lebanon, total tourist spending grew by 11.53% year-on-year (YOY) and the number Read More
The recently released Ministry of Tourism report revealed an increase in the number of tourists from 853,087 by June 2018 to 923,820 by June 2019. The Read More
