The Lebanese Company for the Development and Reconstruction of Beirut Central District S.A.L. (SOLIDERE) announced its audited financial results for 2023. Read More
The World Bank recently published the Worldwide Governance Indicators (WGI). In this respect, the Middle East and North Africa (MENA) Read More
Lebanese Eurobonds have recently gained attention in global financial news. The Blom Bond Index, which tracks these bonds, has traded near its Read More
The International Monetary Fund (IMF) reports that the Middle East and North Africa (MENA) region is still expected to grow Read More
Abu Dhabi’s ADQ has signed a definitive agreement to acquire 96% of Odeabank, a Turkish subsidiary of Lebanon’s Bank Audi, as Read More
The Institute of International Finance (IIF) published on October 11, 2024, a report titled, War in the Middle East: At an Inflection Point, that Read More
Trillion LBP* GDP Agriculture Industry Services 2018 86.13 2.54 11.95 71.64 2019 80.27 2.54 10.02 67.71 2020 60.53 2.84 6.35 51.34 2021 61.75 3.11 6.45 52.19 2024** 61.56 3.12 6.44 52.03 Source: CAS; WB * At constant 2019 prices ** WB projection prior to 9/2024, on 4/2024 % Agriculture/GDP Industry/GDP Services/Read More
Sept 20231 Sept 20242 BDL Foreign Assets Tn LBP3 209.48 1,418.65 Public Deposits Tn LBP 149.08 534.79 USD Public Deposits Mn $ 351 — 1 Exchange rate = 15,000 LBP; 2 Exchange rate = 89,500 LBP 3 Exchange Read More
Year Annual: July to July Inflation % Exchange Rate Depreciation % Ratio of Import to GDP % Pass-through Effect % World Inflation % 2019-2020 112.4 401.6 33.8 135.7 1.9 2020-2021 123.5 137.4 52.8 72.5 3.4 2021-2022 168.5 65.2 80.1 52.2 8.5 2022-2023 251.5 199.0 82.4 164.0 5.8 2023Read More
The rating agency Standard & Poor’s (S&P) maintained its rating on Lebanese pound bonds at SD for Foreign Currency Read More
