The World Bank’s Lebanon Economic Monitor (LEM) Fall 2023 “In the Grip of a New Crisis” was published on December 21, 2023. It argues Read More
According to the data revealed by “Rasamny Younis Motor sal”, Lebanese car market deteriorated by 21.38% YOY by November 2023. In more details, for Read More
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets fell by 43.24% compared to last year, Read More
According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of Real estate (RE) transactions recorded Read More
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
