A Glance on the Lebanese Economy: H1 2019

The Ministry of Finance raised LBP 304B in the Auction of June 20, 2019

Abstract The study explores the macroeconomic indications of the Lebanese economy and therefore comes to update the findings of the similar report published in Sept. 2018 and to interpret the impact of ... read more

Number of Passengers in Beirut Airport Hit 2.57M by April 2019

The activity at Beirut International Airport improved with the total number of passengers recording an annual uptick of 4.43% to reach 2.57M travelers during the first four months of 2019. In fact, the ... read more

Port of Beirut Revenues down by 13.42% y-o-y by May 2019

Figures released by the Port of Beirut (PoB) show that the port’s revenues fell by a yearly 13.42% to stand at $85.9M by May 2019. In details, total container activity including transshipment (TEU+TS) ... read more

Ciments Blancs posted a 30% Increase in Profits for 2018

The consolidated financial statements for Societe Libanaise Des Ciments Blancs by the year ended December 31, 2018 reported an 11.9% decrease in current assets to $10.5M, partly attributed to a significant ... read more

Rymco Calls for an Ordinary General Assembly: June 28, 2019

Rasamny Younis Motor Company’s (Rymco’s) board of directors (BoD) called for its annual ordinary general assembly to be held on June 28th 2019 at the company’s headquarters in Chiah, at 10am. The meeting’s ... read more

The Number of Real Estate Transactions Down by 16.22% y-o-y by May 2019

According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of real estate (R.E) transactions which may include one or more realties, dropped by a yearly 16.22% to ... read more

Beirut Monthly Occupancy Rate at 85.4% in April 2019

Tourism in Lebanon has been slowly getting back on its feet since the beginning of 2019 partly thanks to a diversification of tourist nationalities, but also to some promising political and economic ... read more

Total Number of Cleared Checks Contracted by 13.9% byMay 2019

According to the Association of Lebanese Banks (ABL), the value of cleared checks stood at $23.41B by May 2019, down by 15.47% compared to the same period last year. Similarly, the total number of cleared ... read more

Industrial Exports Contracted by 1.43% y-o-y $384.8M by February 2019

According to the Lebanese Ministry of Industry, the value of total industrial exports in the first 2 months of 2019 contracted by 1.43% year-on-year (y-o-y), to settle at $384.8M by February 2019. As for ... read more

Number of Total Registered New Cars Regressed by 19.87% to 11,162 by May 2019

According to the Association of Lebanese Car Importers (AIA), the number of new registered “commercial” and “passenger” cars witnessed a 19.87% annual slump to settle at 11,162 cars by May 2019. In ... read more

BDL’s Total Assets Dropped by 9.75% y-t-d to $126.89B by May 2019

According to the central bank’s (BDL) balance sheet, total assets dropped by 9.75% year-to-date (YTD), to reach $126.89B in May 2019. In fact, the changes in the most accounts can be related to the Central ... read more

Lebanese Commercial Banks’ Total Assets Added 1.67% y-t-d to $253.65B by April 2019

According to Lebanon’s consolidated commercial banks’ balance sheet, total assets grew by 1.67% year-to-date (y-t-d) and by 12.08% year-on-year (y-o-y), to stand at $253.65B by April 2019. In details, ... read more

Solidere Calls for a General Assembly on June 29th 2019

Solidere’s Board of Directors invited its shareholders (holders of Solidere A and B shares) to an ordinary general assembly scheduled for Friday June 28th 2019. The general assembly meeting is set to take ... read more

Lebanon’s Balance of Payments Recorded a $3.3B Deficit by April 2019

According to the Central Bank, Lebanon’s Balance of Payments (BoP) registered a deficit of $3.3B by April 2019, up from the $773M deficit by April 2018. In details, BDL’s Net Foreign Assets (NFAs) fell by ... read more

Solidere SAL Registered a Net Loss of $115.7M in 2018

Solidere’s consolidated financial statements for 2018 revealed a net loss of $115.7M compared to a net loss of $116.4M over the same period in 2017. In details, Provisions for impairment retreated from ... read more

HOLCIM Liban S.A.L Ordinary General Assembly: June 19, 2019

The board of directors of HOLCIM (Liban) S.A.L invited the company’s shareholders to attend the general annual assembly meeting, which will be held at Le Royal Hotel on Wednesday June 19th 2019 at 10am. On ... read more

The Commercial Banks Participation in T-bill issuance: Moody’s Report

Moody’s Investors Service, released on May 22 2019 a Sector Comment titled “Participation in Lebanon’s 1% coupon T-bill will pressure banks’ profitability, without curing sovereign woes” in ... read more

Activity through Lebanese Customs Offices Improved in Q1 2019

According to the Lebanese Customs, trade activity at Lebanon’s main customs offices recorded an improvement by March 2019, compared to the same period last year. In fact, the total value of imports added a ... read more

Cement Deliveries Declined by 35.75% y-o-y by Q1 2019

Cement deliveries decreased by an annual 35.75% by March 2019 to stand at 677,629M tons, compared to 1.05M tons by March 2018. In addition, the six-month moving average of the number of cement deliveries ... read more

Public Personnel Costs Up by 24.54% y-o-y to $2.64B by May 2018

According to Lebanon’s Ministry of Finance (MoF), personnel costs rose by an annual 24.54% to reach $2.64B by May 2018. In fact, the eminent growth in personnel costs was driven by the parliament’s ... read more

Lebanon’s Trade Deficit Ended Q1 2019 at $4.09B, Up by 2.46% y-o-y

Lebanon’s trade deficit for the first three months of 2019 stood at $4.09B, widening from $3.99B in Q1 2018, on the back of total imports increasing by an annual 2.9% to $4.95B, while total exports grew by ... read more

Lebanon’s Gross Public Debt Up to $86.2B in Q1 2019

Figures released by the Ministry of Finance (MoF) revealed that Lebanon’s gross public debt climbed by a monthly 1.2% and grew by a yearly 5.3% to hit $86.2B in the first quarter of 2019 (Q1). The rise ... read more

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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.

Lebanon’s Fiscal Dynamics Exacerbated in 2018

Lebanon’s Fiscal Dynamics Exacerbated in 2018

The State of Digital Investments in MENA 2013-2018: Focus on Lebanon

The State of Digital Investments in MENA 2013-2018: Focus on Lebanon

Alpha Banks: Performance Metrics for Q1 2019

Alpha Banks: Performance Metrics for Q1 2019

Lebanese Insurance Sector Performance in 2018

Lebanese Insurance Sector Performance in 2018

The Tourism Sector in Lebanon: 2018 in Review

The Tourism Sector in Lebanon: 2018 in Review

BLOMINVEST BANK launches BRITE, a free economic data portal for the region

BLOMINVEST BANK launches BRITE, a free economic data portal for the region

The Current State of “Wine”

The Current State of “Wine”

A Glance on the Lebanese Economy: H1 2019

Number of Passengers in Beirut Airport Hit 2.57M by April 2019

Port of Beirut Revenues down by 13.42% y-o-y by May 2019

Ciments Blancs posted a 30% Increase in Profits for 2018

Rymco Calls for an Ordinary General Assembly: June 28, 2019

The Number of Real Estate Transactions Down by 16.22% y-o-y by May 2019

Beirut Monthly Occupancy Rate at 85.4% in April 2019

Total Number of Cleared Checks Contracted by 13.9% byMay 2019

Industrial Exports Contracted by 1.43% y-o-y $384.8M by February 2019

Number of Total Registered New Cars Regressed by 19.87% to 11,162 by May 2019

BDL’s Total Assets Dropped by 9.75% y-t-d to $126.89B by May 2019

Lebanese Commercial Banks’ Total Assets Added 1.67% y-t-d to $253.65B by April 2019

Solidere Calls for a General Assembly on June 29th 2019

Lebanon’s Balance of Payments Recorded a $3.3B Deficit by April 2019

Solidere SAL Registered a Net Loss of $115.7M in 2018

HOLCIM Liban S.A.L Ordinary General Assembly: June 19, 2019

The Commercial Banks Participation in T-bill issuance: Moody’s Report

Activity through Lebanese Customs Offices Improved in Q1 2019

Cement Deliveries Declined by 35.75% y-o-y by Q1 2019

Public Personnel Costs Up by 24.54% y-o-y to $2.64B by May 2018

Lebanon’s Trade Deficit Ended Q1 2019 at $4.09B, Up by 2.46% y-o-y

Lebanon’s Gross Public Debt Up to $86.2B in Q1 2019

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Lebanon’s Fiscal Dynamics Exacerbated in 2018

The State of Digital Investments in MENA 2013-2018: Focus on Lebanon

Alpha Banks: Performance Metrics for Q1 2019

Lebanese Insurance Sector Performance in 2018

The Tourism Sector in Lebanon: 2018 in Review

BLOMINVEST BANK launches BRITE, a free economic data portal for the region

The Current State of “Wine”