According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels reached 51.7% percentage Read More
Three years into the trifecta of economic, social and political crises, the situation in Lebanon has become more and more difficult. Consequently, Read More
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased annually by 7.0% to stand at $167.01B by September 2022. On the Read More
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 16.4% compared to last year, to Read More
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $3.05B by September 2022, compared to a deficit of $1.58Read More
The latest statistics on activity at the Port of Beirut show an annual decrease of 17.69% in the revenues of the Port of Read More
BDL issued Intermediate Circular 13495 on I/11/2022 in which it stated two articles. Article 1 reduces by 50% the interest rate it pays Banks on Read More
According to Lebanon’s Ministry of Finance (MoF), personnel costs slightly increased annually by 0.1% to reach $6.56B at the official rate of 1507.5 Read More
Byblos Bank published on 28/10/2022 its un-audited, consolidated financial results for end September 2022. As expected, the results were impacted by the current crisis Read More
BLOM Bank published on 31/10/2022 its consolidated but un-audited financial results for Q3 2022. The results obtained were naturally affected by the impact of Read More
