According to Ernest and Young’s Hotel Benchmark Survey, Beirut hotel occupancy rate steadied at 58% by October 2016, when compared to the same Read More
On November 16, BLOM Bank announced it has signed an agreement, which is expected to be completed during the first half of 2017, to Read More
By June 2016, records of Lebanon’s Ministry of Finance indicated treasury transfers to EDL amounted to $334.40M compared to $627.54M in H1 2015. Read More
Bank Audi’s Turkish subsidiary, ODEA Bank, announced its results for the third quarter of 2016. As a result, the Bank’s financial Read More
The Rafic Hariri International Airport activity rose during the first 10 months of 2016, where the total number of passengers increased by a yearly 7.15% Read More
According to Lebanon’s commercial banks’ balance sheet, total assets increased 6.50% year-to-date (y-t-d) and 9.23% annually to $198.07B by September 2016. On a year-to-date Read More
According to Business News, the completion of 3 industrial cities planned by the Ministry of Industry in collaboration with United Nations Industrial Development Read More
According to Kafalat, the number of loan guarantees grew from 557 guarantees by October 2015 to 592 guarantees by October 2016. The overall value of the Read More
According to both Moody’s and Fitch, the end of the presidential deadlock in Lebanon holds positive prospects for the country’s Read More
Lebanon’s gross public debt recorded a yearly growth of 8.74%, to stand at $74.73B by September 2016. In details, debt in local currency, Read More
