Economic Digest

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

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Economic Digest
February 27, 2015

Berytech II Fund and World Bank to Boost Lebanese ICT Sector

The Berytech II Fund, which was announced in 2013, ended its latest round of funding at $51.5M. These funds are to be used to motivate people to create startups and SMEs in the ICT sector in a bid to raise ... read more

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Economic Digest
February 27, 2015

Lebanon’s Skiing Slopes Boost Tourists’ Number in January

The number of total incomers to Lebanon significantly rose in January due to improving political and security conditions in the country and in the region. With substantial amounts of snowfall, winter ... read more

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Economic Digest
February 26, 2015

Real Estate Transactions Reach a 6 Year Low in January

Total real estate transactions in January 2015 settled at a 6 year low nearly half of those recorded in January 2010 and 2011 ahead of the rise of regional turbulence. In details, a 28.39% yearly decrease ... read more

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Economic Digest
February 25, 2015

RAMCO: Beirut’s Total Office Space Projects Tally 195,694 SQM

The real estate consultant RAMCO lately released a publication about office buildings under construction in Beirut. The study enclosed 37 office projects with a total office space representing 195,694 ... read more

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Economic Digest
February 25, 2015

Sturdy Demand Characterized Lebanon’s Latest $2.2B Eurobonds Issuance

Following a $1B announcement, Lebanon successfully sold $2.2B of sovereign Eurobonds lately, the biggest foreign debt issuance in its history. Investors’ appetite for the issuance was substantial as bids ... read more

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Economic Digest
February 24, 2015

Lebanon’s Occupancy Rate Stood at 50% in January 2015

According to Enst & Young Middle East hotel benchmark survey, Lebanon recorded the second largest year on year (y-o-y) increase in its occupancy, with a 14 percentage points (p.ps) rise to 50% in ... read more

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Economic Digest
February 23, 2015

Overall Prices Contract by 3.75% in January

According to the Central Administration of Statistics (CAS) the consumer price index (CPI) fell from 100.92 points in January 2014 to 97.13 points by the end of January 2015, recording a 3.75% yearly ... read more

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Economic Digest
February 21, 2015

CSC Bank’s Capital Increase to LBP 100B

According to Midclear, the capital increase for CSC bank has been approved. The bank’s capital will increase from LBP 75,000,000,000 to LBP 100,000,000,000 through the issuance of 1,000,000 ordinary shares ... read more

Riwa Daou
Economic Digest
February 20, 2015

Lebanon Ranks 94th on the Global Retirement Index

The Global Retirement Index (GRI) 2015, issued by global asset manager, Natixis, shows which countries are the best homes for retirement and which countries aren’t. According to Natixis, welfare in ... read more

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Economic Digest
February 19, 2015

Airport Passengers Stretched by 11.40% in January 2015

Rafic Hariri International Airport (RHIA) activity recorded an 11.40% year on year (y-o-y) progress in January 2015, with the total number of passengers reaching 501,766. This increase is explained by the ... read more

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Economic Digest