Economic Digest

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

Holcim Dividends Distribution: July 2019

In accordance with the general assembly meeting held on June 19, 2019, Holcim announced it will begin distributing dividends to its shareholders on July 16, 2019 at the price of 351 L.L per share, knowing ... read more

Holcim Posted a 36.8% y-o-y Decrease in Profits for 2018

The consolidated financial statements for Holcim (LIBAN) S.A.L for the year ended December 31, 2018 reported a 36.8% year-on-year (y-o-y) decrease in profits to $27.4M, mainly attributed to the slowdown in ... read more

Number of Passengers in Beirut Airport Hit 2.57M by April 2019

The activity at Beirut International Airport improved with the total number of passengers recording an annual uptick of 4.43% to reach 2.57M travelers during the first four months of 2019. In fact, the ... read more

Port of Beirut Revenues down by 13.42% y-o-y by May 2019

Figures released by the Port of Beirut (PoB) show that the port’s revenues fell by a yearly 13.42% to stand at $85.9M by May 2019. In details, total container activity including transshipment (TEU+TS) ... read more

Ciments Blancs posted a 30% Increase in Profits for 2018

The consolidated financial statements for Societe Libanaise Des Ciments Blancs by the year ended December 31, 2018 reported an 11.9% decrease in current assets to $10.5M, partly attributed to a significant ... read more

Rymco Calls for an Ordinary General Assembly: June 28, 2019

Rasamny Younis Motor Company’s (Rymco’s) board of directors (BoD) called for its annual ordinary general assembly to be held on June 28th 2019 at the company’s headquarters in Chiah, at 10am. The meeting’s ... read more

The Number of Real Estate Transactions Down by 16.22% y-o-y by May 2019

According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of real estate (R.E) transactions which may include one or more realties, dropped by a yearly 16.22% to ... read more

Beirut Monthly Occupancy Rate at 85.4% in April 2019

Tourism in Lebanon has been slowly getting back on its feet since the beginning of 2019 partly thanks to a diversification of tourist nationalities, but also to some promising political and economic ... read more

Total Number of Cleared Checks Contracted by 13.9% byMay 2019

According to the Association of Lebanese Banks (ABL), the value of cleared checks stood at $23.41B by May 2019, down by 15.47% compared to the same period last year. Similarly, the total number of cleared ... read more

Industrial Exports Contracted by 1.43% y-o-y $384.8M by February 2019

According to the Lebanese Ministry of Industry, the value of total industrial exports in the first 2 months of 2019 contracted by 1.43% year-on-year (y-o-y), to settle at $384.8M by February 2019. As for ... read more

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Economic Digest