According to the data published by the Association of Lebanese Banks’ (ABL), the total number of cleared checks in the Lebanese financial Read More
A recent assessment by ESCWA and UNDP focused on the potential economic and human impact on the State of Palestine, with this Read More
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels reached 48% percentage Read More
Moody’s has maintained Lebanon’s issuer rating at C, with a revised outlook to stable from no outlook. The C rating Read More
The activity at Rafic Hariri International Airport has significantly deteriorated in November 2023 following Hamas’ attack on Israel on October 7. Although, the cumulative Read More
2022 Million USD Number of Banks Sum of Tier 1 Capital Sum of Assets Tier 1 Capital/Assets* UAE 18 101,199 983,659 10.3 Egypt 11 14,822 118,322 12.5 KSA 10 127,754 901,752 14.2 Bahrain 10 18,004 162,801 11.0 Qatar 9 58,002 556,050 10.4 Jordan 9 12,171 121,841 13.5 Kuwait 8 35,800 343,064 10.4 Read More
Ten Lebanese banks filed through their lawyers a Memorandum to ‘Tie-up Litigation’ with the Government, addressed to the Ministry of Finance. The Read More
According to BDL’s latest monetary report, the BOP recorded a surplus of $1.46B by October 2023, far beyond the deficit over the Read More
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased annually by 31.82% to stand at $112.25B by October 2023 amid BDL’Read More
USD Million 2021 2022 Current Account -3404.9 -6481.3 Trade in Goods -8226.5 -13652.6 Trade in Services 990.5 2095.2 Travel 1319.4 2129.3 Transfers 5336.4 5676.2 Remittances 4446.8 4720.5 Capital/Financial Acc. 582.2 4322.9 FDI 1938.6 460.7 Portfolio 549.9 Read More
