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
The Central Bank’s (BDL) balance sheet revealed an increase of 6.07% annually in total assets to $90.90B by End-December 2015. Foreign assets, constituting 40.80% of total assets, inched down by 2.04% ... read more
Following Banque du Liban’s approval on the 30th of September 2015, Lebanon & Gulf Bank S.A.L increased its capital by $20.0M through the issuance of 200,000 perpetual, non-cumulative redeemable ... read more
Following the general assembly’s approval on the 4th of November, Cedrus Bank S.A.L increased its capital by $9.95M to $17.91M by issuing 1.5M nominal shares with a value of $6.63/share. These shares were ... read more
The value of cleared checks fell by 7.61% during the first 11 months of the year, which might be due to lower business spending, and the fact that people are possibly substituting payments via checks with ... read more
Total real estate transactions (local and foreign transactions) stood at 56,637 in the first 11 months of the year, with a 10.56% yearly decline from 63,322 by last November. Furthermore, those total ... read more
According to Ernst & Young Middle East hotel benchmark survey, Lebanon’s occupancy rate stood 5th at 56% by November (same as Jordan) amongst the MENA countries, ahead of Egypt, Bahrain, and Kuwait, ... read more
According to Credit Libanais’ Income Statement, the bank’s net profit posted a 19% year-on-year upturn to $53.75M by September. The higher profit came about as net interest income grew by a yearly 11% to ... read more
According to the Central Administration of Statistics (CAS), consumer prices in Lebanon fell by 3.90% in November since the Consumer Price Index (CPI) declined from 100.50 in November 2014 to 96.60 in ... read more
Lebanon’s touristic sector improved to reach 1.39M tourists by November 2015, its highest level in 4 years. According to the Ministry of Tourism, the number of incomers by November 2015 surged by 14.13% ... read more
Following the approval of the board of directors and the Capital Markets Authority (CMA), IBL Bank decided to issue $40M subordinated bonds maturing in 2025, on the 10th of December 2015. These bonds are ... read more
Cement deliveries tumbled during the first 9 months of 2015, dropping by 12.19% to 3.71M tons compared to a higher level of 4.22M tons by September 2014. This plunge could be partially attributed to the ... read more
Lebanon’s Central Bank’s (BdL) revealed a 0.25%monthly up tick by Mid-December in its total assets to $92.66B compared to $92.43B by November 15. In addition, an 8.12% growth in total assets from $85.70B ... read more
According to the Ministry of Finance, transfers to EDL reached $386.43M up to April 2015, significantly lower than the $731.84M over the same period in 2014. Excluding EDL’s debt service, the ... read more
Baalbacki Chemical Industries (BCI) Holding S.A. the specialty chemicals subsidiary of Lebanese Group Unimetco Holding inaugurated its new polyesters and pre-polymers manufacturing facility in the United ... read more
The Lebanese Gross Public Debt (GPD) reached $69.04B (LBP 104,081B) by end October, widening by 4.28% year-on-year (y-o-y) and 3.71% since the start of the year. Accordingly, Lebanon’s public debt reached ... read more
According to the Association of Lebanese Car Importers, the number of newly registered commercial and passenger cars during the first 11 months of 2015 increased by 3.79% year-on-year (y-o-y) to 38,037 ... read more
Notre Dame University (NDU) has concluded the technical studies to open a new hospital adjacent to the campus in Louaize. Work on the project will start in 2016 and is expected to be completed in three ... read more
Total consolidated assets of commercial banks hit $182.27B by October, a 3.74% growth since year start, and an expansion of 6.42% year-on-year (y-o-y). In terms of assets, total reserves, with a weight of ... read more
The number and value of guarantees given by Kafalat declined by 22.49% and 17.73% in the first 11 months of 2015 to 796 worth $84.97M, respectively, compared to 796 guarantees worth $103.28M by November ... read more
Lebanon’s Balance of payments (BoP) deficit reached $2.17B by October 2015 compared to a lower deficit of $867.7M by October 2014. The deterioration in the BoP is mainly linked to the decline in capital ... read more
In its quarterly analysis for Q1, 2016, Business Monitor International assessed each of the strengths, weaknesses, opportunities and threats (SWOT) of the Lebanese economic scene. In terms of strengths, ... read more
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