The BLOM Lebanon PMI for August 2025 rose slightly above the 50.0 no-change threshold to record a 50.3 compared to July’s 48.9, ending five consecutive months of contraction, and signaling a marginal ... read more
According to Ernst & Young Middle East hotel benchmark survey, Lebanon’s occupancy rate registered 53% in January 2016, up from 50% in January 2015. Among the MENA countries, Lebanon ranked ahead of ... read more
According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI) continued to show signs of deflation in the first month of the year. The CPI dropped from 97.13 points in January ... read more
Construction activity showed expansion in the first month of 2016. As the latest figures released by the Orders of Engineers in Beirut and the North revealed that the number of permits rose by 16.77% ... read more
According to the Ministry of Finance, transfers to EDL reached $888.37M during the first 9 months of 2015, 40% lower than the $1.49B transferred over the same period in 2014. This decline mainly resulted ... read more
Baalbaki Chemical Industries (BCI) Holdings is the leading independent producer of polyurethane systems, polyester polyols and specialty adhesives in the Middle East and Africa regions. The holding owns ... read more
According to Kafalat, the number and value of issued guarantees rose from 40 and $5.13M in January 2015 to 54 and $7.93M in January 2016. Accordingly and over the same period, the average loan value per ... read more
Activity at the Port of Beirut (PoB) remained buoyant in the first month of 2016 as the port revenues recorded a double-digit yearly increase of 14.75% to $18.37M. Total container activity including ... read more
According to the Association of Lebanese Banks (ABL), gross public debt grew to $70.3B by December 2015, indicating a 5.63% increase on a year-on-year (y-o-y) basis. Public debt denominated in Lebanese ... read more
As part of its Sustainable Energy Finance Program, the International Finance Corporation (IFC), a member of the World Bank Group, with the support of the Government of Canada, extended a $7M loan to the ... read more
According to the Association of Lebanese Car Importers (AIA), the number of newly registered commercial and passenger cars in the first month of 2016 increased by an annual 1.3% to 2,595 cars. In details, ... read more
According to the Central Bank of Lebanon, the assets of commercial banks grew by a yearly 5.86% to $185.99B in 2015. Claims on the resident private sector increased by a yearly 5.90% to $48.05B and claims ... read more
According to the Central Bank of Lebanon, Lebanon’s Balance of Payments deficit widened from $1.41B in 2014 to $3.35B in 2015. This deterioration came about as the net foreign assets of the Central Bank ... read more
Construction activity showed further contraction in 2015 as revealed by the number of permits that witnessed a 9.43% year-on-year (y-o-y) slip to 15,092. In the same context, the construction area ... read more
According to the Ministry of Finance, transfers to EDL reached $787.34M for the first 8 months of 2015, substantially lower than the $1.47B transferred over the same period in 2014. This decline mainly ... read more
Rafic Hariri International Airport witnessed increased activity in January 2016, as the total number of passengers increased by a yearly 8.56% to 546,609. In details, the number of arrivals to Lebanon ... read more
The balance sheet of the Lebanese Central Bank, BDL, posted a 1.42% monthly increase in total assets to $92.19B in January 2016. Foreign assets, constituting 40.15% of total assets, inched down by 0.20% ... read more
The trade deficit in Lebanon contracted by 12.04% (year on year) y-o-y by the end of December 2015, to register $15.12B due to a 11.83% decline in total imports outpacing the 10.75% fall in total exports. ... read more
BLOM Bank’s unaudited financial statements revealed a 10.93% yearly surge in net profits to $404.66M, end of 2015, driven by increases in profit at its foreign subsidiaries. Among the listed banks, BLOM ... read more
The real estate market continued its downtrend in 2015 as evidenced by the decline in total transactions. Total real estate transactions stood at 82,790 by the end of 2015, recording a 5.4% yearly decline, ... read more
Byblos Bank announced its financial results for the year 2015 revealing a declining net profit by 8.48% year-on-year (y-o-y) to $160.60M. This was driven by declines in net fees and commissions and net ... read more
BEMO Bank’s financial statements revealed a 19.63% year-on-year (y-o-y) surge in its net profits to $13.43M in 2015. Although net interest income and net fee and commission income dropped 3.92% and 1.19% ... read more
Disclaimer The content of this blog is for information purposes only. The information herein has been compiled from, or based upon sources we believe to be reliable, but we do not guarantee or accept responsibility for its completeness or accuracy. This document should not be construed as a solicitation to take part in any investment, or as constituting any representation or warranty on our part. The consequences of any action taken on the basis of information contained herein are solely the responsibility of the recipient.
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here