Economic Digest

Short analyses about Lebanon’s latest economic indicators, updated on a monthly basis

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Economic Digest
September 5, 2014

Family Medical Center worth $20M Opens in Zgharta

A new hospital, Family Medical Center (FMC), will officially open late September in Zgharta. FMC is a 12,500 sqm center consisting of 5 floors and 120 beds and is entirely furnished by high-tech medical ... read more

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Economic Digest
September 5, 2014

Beirut Occupancy Rate Declined to 36% in July 2014

Ernst and Young’s Hotel Benchmark Survey revealed that Beirut’s hotel occupancy rate declined by 4 percentage points (pp) year-on-year to reach 36% in July 2014, recording a six-month low. This came as a ... read more

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Economic Digest
September 4, 2014

BLOM Purchasing Managers’ Index Recorded a Six-month Low in August

The BLOM Lebanon PMI dropped from 47.9 in July to 45.5 in August, indicating a faster rate of contraction. August’s PMI recorded a six-month low, due to the security issues which hit demand and new orders, ... read more

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Economic Digest
September 3, 2014

Lebanon Ranked 113th out of 144 Countries in the Global Competitiveness Index

According to the World Economic Forum, Lebanon ranked 113th out of 144 countries, with a score of 3.7 out of 7 in the Global Competitive Index (GCI) for 2014-2015, compared to a score of 3.8 and a rank of ... read more

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Economic Digest
September 2, 2014

BDL’s Total Assets Inched up by 1.31% to $85.03B by August

According to the Central Bank’s (BDL) balance sheet, total assets registered a 1.31% monthly rise to reach $85.03B by end of August. The bank’s foreign assets edged up by 0.76% to $38.05B and its ... read more

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Economic Digest
September 1, 2014

Airport Passengers Improved by 2.24% y-o-y by August

Rafic Hariri International Airport (RHIA) activity improved during the first 8 months of 2014, as the total number of passengers added 2.24% year-on-year (y-o-y) to 4.38M. After some GCC countries lifted ... read more

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Economic Digest
July 24, 2014

Registered New Cars Dropped by 2.13% by May 2014

As stated in the latest released figures by the Association of Car Importers in Lebanon (AIA), by the end of the fifth month of 2014 a rise in the registration of new passenger and commercial cars by 2.13% ... read more

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Economic Digest
June 24, 2014

Value of Kafalat Guarantees Augmented to $9.90M in May 2014

Kafalat issued 85 guarantees in May 2014, a 28.79% increase from the 66 guarantees in May 2013, where total value of loans recorded a 12.62% year-on-year gain to $9.90M. The rise in number of guarantees ... read more

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